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OT |

English Edition

EC Approves Alexandroupolis FSRU Terminal
English Edition |

EC Approves Alexandroupolis FSRU Terminal

The LNG Terminal in Alexandroupolis is expected to begin commercial operations on October 1, 2024.

Athens Stock Exchange Launches Roadshows to Boost Liquidity and Attract New Listings
English Edition |

Athens Stock Exchange Launches Roadshows to Boost Liquidity and Attract New Listings

2025 will commence with an event hosted by JP Morgan in New York, where the Greek stock market 'blue chips' will be represented

RRF: Greece Slow to Absorb Funds, Slower to Disclose Recipients
English Edition |

RRF: Greece Slow to Absorb Funds, Slower to Disclose Recipients

A report at IN.gr points out that less than 1/4th of RRF loans have reached their intended recipients, and only Greece and Bulgaria are 'late' on disclosing information on actual recipients of RRF funds.

Greece’s Organized Food Sector Challenged. Retailers Fear Rev Declines
English Edition |

Greece’s Organized Food Sector Challenged. Retailers Fear Rev Declines

According to a major retailer there has been negative inflation in the sector in recent months and that any development must exclusively come from a volume increase.

EU Organic Day 2024: Greece’s Organic Farming Sector on the Rise
English Edition |

EU Organic Day 2024: Greece’s Organic Farming Sector on the Rise

Celebrated annually on September 23, Greece, which is seeing significant growth in its organic sector, will host events at Syntagma Square from 9 am to 3 pm

PM Mitsotakis at the Summit of the Future: Day 1
English Edition |

PM Mitsotakis at the Summit of the Future: Day 1

Greek PM Kyriakos Mitsotakis will deliver his remarks during the plenary session in the General Assembly Hall from 10:00 to 10:30 pm (EET)

Fraport Greece: Record-Breaking Tourism Season for Rhodes
English Edition |

Fraport Greece: Record-Breaking Tourism Season for Rhodes

From January to August, nearly 5 million travelers passed through Rhodes Airport, a 14.4% increase from last year

Greek SMEs Digital Readiness Rising ‘Slowly but Surely’
English Edition |

Greek SMEs Digital Readiness Rising ‘Slowly but Surely’

The Digital Readiness Index, created for the first time in 2020, tracks the level of digital maturity of SMEs based on their adoption of 10 key digital tools and systems

BoG: Current Accounts Trade Deficit at 8.6bln Jan.-Jul. 2024
English Edition |

BoG: Current Accounts Trade Deficit at 8.6bln Jan.-Jul. 2024

The rise is primarily attributed to the fall of the balance of goods records and, to a lesser extent, to the balance of primary income.

GSI Project: Greek, Cypriot Energy Mins Sign Bilateral Agreement
English Edition |

GSI Project: Greek, Cypriot Energy Mins Sign Bilateral Agreement

The formal agreement came a day after Cyprus’s energy regulatory authority made key changes to the regulatory framework of the cable and subsequently approved the project

Greek PM in New York for UN General Assembly
English Edition |

Greek PM in New York for UN General Assembly

During his stay, PM Mitsotakis is also expected to meet Turkish President Recep Tayyip Erdoğan, in a highly anticipated meeting

Registered Unemployment In Greece Down 6% in Aug. 2024
English Edition |

Registered Unemployment In Greece Down 6% in Aug. 2024

The number of people receiving jobless benefits was 176,931 in August 2024

Moody’s on Greek Institutions, Banks, Warns of Demographic Problem
English Edition |

Moody’s on Greek Institutions, Banks, Warns of Demographic Problem

The macroeconomic profile also reflects Greece's improved credit conditions, which are still characterized by high levels of non-performing loans (NPLs) compared to the European sector.

Cyprus Energy Regulatory Authority Approves GSI Project
English Edition |

Cyprus Energy Regulatory Authority Approves GSI Project

Progress for the landmark undersea power cable had stalled after disputes between the regulatory authorities of Greece and Cyprus over cost- and risk-sharing

Greek Public Sector Debts Surge, Exposing Growing Arrears
English Edition |

Greek Public Sector Debts Surge, Exposing Growing Arrears

Public sector debts to private entities have once again increased in Greece, reaching 3.2 billion euros in July 2024

Greece: 1 in 10 of Greece’s Poor Can’t Cover Health-Related Costs
English Edition |

Greece: 1 in 10 of Greece’s Poor Can’t Cover Health-Related Costs

Greece has the greatest degree of social inequality in relation to unmet health needs among 26 OECD countries.

ELSTAT: Greek Tourism and Dining Revenue Up in July 2024, Major Islands Experience Decline
English Edition |

ELSTAT: Greek Tourism and Dining Revenue Up in July 2024, Major Islands Experience Decline

Both the islands of Mykonos and Santorini saw decreases in their accommodation and food service revenues.

Greece Posts €1.37 Billion Cash Primary Surplus in First Eight Months of 2024
English Edition |

Greece Posts €1.37 Billion Cash Primary Surplus in First Eight Months of 2024

Specifically, from Jan. to Aug. 2024, the central government recorded a cash surplus of 1.368 billion euros, compared to a deficit of 964 million euros in the same period of 2023.

Greece to Launch 600-Mln-Euro Greenhouse Program
English Edition |

Greece to Launch 600-Mln-Euro Greenhouse Program

The greenhouse sector is already one of the most dynamic areas within the primary sector and presents a viable solution to the pressing issues caused by the climate crisis.

Greece Tops EU in Non-Performing Loans (NPLs)
English Edition |

Greece Tops EU in Non-Performing Loans (NPLs)

The country has 3.3% compared to the Union’s 1.9% average in the first quarter of 2024, according to a study by OCTANE Management Consultants, an Athens-based business consulting and services firm.

Eurostat: Greek Inflation at 3.2% in August, Eurozone at 2.2%
English Edition |

Eurostat: Greek Inflation at 3.2% in August, Eurozone at 2.2%

The annual inflation rate for the European Union was 2.4% in August 2024, down from 2.8% in July, while a year earlier, it stood at 5.9%.

Eurobank: Green Bond Oversubscribed by 5.4 Times
English Edition |

Eurobank: Green Bond Oversubscribed by 5.4 Times

This allowed Eurobank to raise 850 million euros and reduce the bond’s credit spread to 180 basis points, down from the initial indicative offer of 210 basis points.

Greece to Reissue 10-Year Bond on Wednesday
English Edition |

Greece to Reissue 10-Year Bond on Wednesday

The purpose of the reissuance of these Greek government bonds is to meet investor demand while also facilitating the functioning of the secondary bond market.

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