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OT |

English Edition

Greek Government Submits 2025 Budget Draft Monday amid ΜΕ Crisis
English Edition |

Greek Government Submits 2025 Budget Draft Monday amid ΜΕ Crisis

The economy is expected to close this year with growth at around 2.2%, while for 2025, the target is slightly higher at 2.3% as outline in the medium-term fiscal plan.

4.4R Quakes in Thiva, on Crete Monday Morning
English Edition |

4.4R Quakes in Thiva, on Crete Monday Morning

The tremor from the quake in Thiva was also felt in the greater Athens area.

PASOK Sets the Stage for a Comeback; Over 300K Members Vote in Round 1 of Leadership Elections
English Edition |

PASOK Sets the Stage for a Comeback; Over 300K Members Vote in Round 1 of Leadership Elections

Recent polls firmly place Greece’s Social Democratic party in main opposition second place

Greek Draft Budget Tabled on Oct. 7, Amid Concerns Over Mid. East War
English Edition |

Greek Draft Budget Tabled on Oct. 7, Amid Concerns Over Mid. East War

A major issue of concern is how the Israel-Iran conflict will play out with pundits projecting a surge in oil prices

Migration: New approach on returns to be called for by the “27” at the Summit
English Edition |

Migration: New approach on returns to be called for by the “27” at the Summit

According to Eurostat data, in the second quarter of 2024, 96 115 third-country nationals were ordered to leave an EU country and 25 285 people returned to third countries after being ordered to do so.

PM Mitsotakis Hosts US Senators for Work Breakfast in Crete
English Edition |

PM Mitsotakis Hosts US Senators for Work Breakfast in Crete

The Greek PM was accompanied by Defense Minister, Nikos Dendias, while the US Ambassador to Athens, George Tsunis was also present

Renowned Greek Composer Mimis Plessas Dies at 99
English Edition |

Renowned Greek Composer Mimis Plessas Dies at 99

Greek Prime Minister Kyriakos Mitsotakis bid farewell to the composer in his own post on X, writing, "A leading composer, remarkable scientist, and kind soul has left us.

Olive Oil Prices Set to Fall as 2024 Supply Improves
English Edition |

Olive Oil Prices Set to Fall as 2024 Supply Improves

“According to estimates, this year’s olive production will reach between 220,000 and 230,000 tons,” George Oikonomou, SEVITEL General Manager told AMNA

Exhibition ‘Stoa 01’ Transforms Historic Athens Market on Sat.
English Edition |

Exhibition ‘Stoa 01’ Transforms Historic Athens Market on Sat.

The exhibition will run until October 12 during regular store hours. Visitors can access the arcade via the nearby Panepistimio or Omonοia metro stations.

Metron Analysis: Androulakis Lead in PASOK Elex; No Change in Parties’ Strength
English Edition |

Metron Analysis: Androulakis Lead in PASOK Elex; No Change in Parties’ Strength

In extrapolating the vote, ruling ND reaches 29.2%, higher than the actual figure it received in last June’s European Parliament election, 28.3%. PASOK at 17.2%

Bank of Greece Launches Cybersecurity Campaign
English Edition |

Bank of Greece Launches Cybersecurity Campaign

Be alert regarding unusual behavior or situations (e.g., “too-good-to-be-true” offers, urgent requests for money, suspicious activity on your bank account or card).

GEK Terna Seals Attiki Odos Concession With 3.27 bln€ Payment
English Edition |

GEK Terna Seals Attiki Odos Concession With 3.27 bln€ Payment

The 3.27 billion euros for the 25-year concession is the largest such consideration ever received by Greece's privatization fund, HRADF

Green Energy – Govt Designates 23 Areas for Offshore Wind Farms
English Edition |

Green Energy – Govt Designates 23 Areas for Offshore Wind Farms

The concession plan involves a series of steps for investors interested in taking part in the call to tender

PNO Strike: Greece’s Passenger Ferries Stay at Dock October 22-23
English Edition |

PNO Strike: Greece’s Passenger Ferries Stay at Dock October 22-23

The Panhellenic Seamen's Federation (PNO) is demanding wage increases and better working conditions, pointing to rising company profits that aren't shared with workers. This follows a similar strike by 45,000 U.S. dockworkers.

Eurobarometer: Europeans Concerned About Rising Cost of Living, What Greeks Say
English Edition |

Eurobarometer: Europeans Concerned About Rising Cost of Living, What Greeks Say

The protection of peace and strengthening of security ranks very high (45%), in Greece, followed by improved cooperation between Greece and other EU countries (36%)

UBS Remains ‘Bullish’ on Greece for Rest of 2024
English Edition |

UBS Remains ‘Bullish’ on Greece for Rest of 2024

In its report, UBS posits that Greece is on course to achieve a 2.5% GDP forecast in 2024, notwithstanding weak Eurozone indicators such as the purchasing managers index (PMI), and Income from operations (IFO)

Attiki Odos Motorway Toll Rates to Drop Starting Oct. 6
English Edition |

Attiki Odos Motorway Toll Rates to Drop Starting Oct. 6

Toll rates for car drivers using the Attiki Odos motorway will drop to 2.50 euros from 2.80 euros at midnight Oct. 5.

Real Estate: The Prospects for Residential Development in the Greek Market
English Edition |

Real Estate: The Prospects for Residential Development in the Greek Market

The scale of residential developments varies depending on the area. Different needs and infrastructures exist in regional cities, Thessaloniki, Patras, Heraklion, and each municipality in Athens

Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending
English Edition |

Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending

So far, the CO2 storage capacity at Prinos has been confirmed at 1million tons annually, with indications showing that it could accommodate up to 3 million tons per year in full development

Over 1,000 New Traffic Cameras to be Installed in Athens
English Edition |

Over 1,000 New Traffic Cameras to be Installed in Athens

1,800 new cameras are soon expected around Attica to monitor crime and particularly traffic violations

Alexandroupolis FSRU Unit Starts Commercial Operation
English Edition |

Alexandroupolis FSRU Unit Starts Commercial Operation

The project is considered an essential piece of a greater plan for the region that will create a ‘Vertical Corridor’ to improve the energy security of central and southeast Europe

August 2024 Jobless Rate in Greece at 9.4%: ELSTAT
English Edition |

August 2024 Jobless Rate in Greece at 9.4%: ELSTAT

The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.

ELSTAT Highlights Greek Demographic Problem in Report
English Edition |

ELSTAT Highlights Greek Demographic Problem in Report

Total births in 2023 amounted to 71,455, a 6.1% drop compared to 2022, when there were 76,095 births

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