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OT |

English Edition

EFKA to Launch Digital Personal Portfolio for Insured Citizens by End of 2025
English Edition |

EFKA to Launch Digital Personal Portfolio for Insured Citizens by End of 2025

This way, insured individuals can quickly determine their coverage period, any debts, and whether they have valid insurance coverage.

BofA: Greek Banks Becoming More Appealing
English Edition |

BofA: Greek Banks Becoming More Appealing

Bank of America (BofA) recently increased its target prices for several Greek banks, with the target price for Eurobank raised to €2.84 from €2.76.

Internet Users in Greece Rise Exponentially, Survey Suggests
English Edition |

Internet Users in Greece Rise Exponentially, Survey Suggests

Those between the ages of 65 and 74 have shown a high rate of digital engagement, with daily usage over the past five years increasing by 61%.

Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
English Edition |

Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’

Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91

DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
English Edition |

DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts

The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).

Meta Cuts Facebook and Instagram Subscription Fees by 40%
English Edition |

Meta Cuts Facebook and Instagram Subscription Fees by 40%

The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.

Skyrocketing Use of Debit, Credit Cards
English Edition |

Skyrocketing Use of Debit, Credit Cards

The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023

JP Morgan Revised Greece Outlook to ‘Overweight’
English Edition |

JP Morgan Revised Greece Outlook to ‘Overweight’

The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.

Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
English Edition |

Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91

In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.

Kudos for Greek Sheep’s Milk Cheeses
English Edition |

Kudos for Greek Sheep’s Milk Cheeses

Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta

EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living
English Edition |

EIB Survey: Greeks Rank Climate Change as Top Concern After Cost of Living

Specifically, 98% of the Greeks surveyed stated that the country must to adapt to climate change, with 60% saying that priority should be given to these adjustment measures

Trump Tells Putin not to Escalate Ukraine War during Phone Convo
English Edition |

Trump Tells Putin not to Escalate Ukraine War during Phone Convo

Meanwhile, President Joe Biden, is preparing to lobby Trump against abandoning U.S. support for Kyiv

Former Thessaloniki Mayor Yiannis Boutaris Dies at 82
English Edition |

Former Thessaloniki Mayor Yiannis Boutaris Dies at 82

Boutaris entered politics in 2010, serving as the 60th mayor of Thessaloniki for two consecutive terms until 2019, becoming a transformative figure with his progressive policies.

Greece Plans to Link Golden Visa to Startup Investments
English Edition |

Greece Plans to Link Golden Visa to Startup Investments

The Greek government wants to decouple the Golden Visa Program from Real Estate investments

Greece Honored Country at World Travel Market (WTM) 2024
English Edition |

Greece Honored Country at World Travel Market (WTM) 2024

Greece held a prominent position within the exhibition space, with its main entrance adorned digitally in Greek colors.

Inflation in Greece Down to 2.4% in October, ELSTAT says
English Edition |

Inflation in Greece Down to 2.4% in October, ELSTAT says

On a year-to-year basis, the average inflation in Greece from November 2023 to October 2024 increased by 2.9%, compared to a 4.2% rise during the same period the previous year

First-Ever Pop-Up American Space at a Sports Venue Opens at Georgios Karaiskakis Stadium
English Edition |

First-Ever Pop-Up American Space at a Sports Venue Opens at Georgios Karaiskakis Stadium

The new Pop-Up American Space was inaugurated at the Georgios Karaiskakis Stadium by US Amb. George J. Tsunis, Olympiacos FC President Evangelos Marinakis and the Mayor of Piraeus, Yannis Moralis

Greek Long Term Unemployment 2nd Worse in EU: Eurostat
English Edition |

Greek Long Term Unemployment 2nd Worse in EU: Eurostat

Greek long term unemployment was only surpassed by Bosnia Herzegovina (9.6%). Spain was the 3rd worse with 4.3%

PM Mitsotakis from Budapest: ‘Urgent Need for Boost in EU Competitiveness’
English Edition |

PM Mitsotakis from Budapest: ‘Urgent Need for Boost in EU Competitiveness’

Mitsotakis remarked on the discussions held with former European Central Bank chief Mario Draghi emphasizing the significance of moving from rhetoric to action

NBG After-Tax Profits Reach 983mln€ in 3Q 2024
English Edition |

NBG After-Tax Profits Reach 983mln€ in 3Q 2024

NBG CEO Pavlos Mylonas: In 3Q24 we delivered a solid set of financial results, with our strong capital position and highly liquid balance sheet remaining key comparative advantages

Real Estate Investors Eye Greece for Data Centers, Logistics, Student Housing
English Edition |

Real Estate Investors Eye Greece for Data Centers, Logistics, Student Housing

Athens ranks 22 out of 30 European cities in terms of it prospects for real estate investment, according to a report by PwC.

Greeks 3rd Last in Salaries in EU: Eurostat
English Edition |

Greeks 3rd Last in Salaries in EU: Eurostat

According to Eurostat, the average adjusted annual salary in Greece stands at €17,000, with Hungary close behind at €16,900. The only country faring worse is Bulgaria, where the figure is €13,500.

Eurobank Boosts Stake in Hellenic Bank Cyprus to 68.81 %
English Edition |

Eurobank Boosts Stake in Hellenic Bank Cyprus to 68.81 %

Eurobank agreed to acquire 12.848% Hellenic Bank’s shares for approximately 243 million euros, or 4.58 euros per share.

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