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OT |

English Edition

Sector Official: State Will Earn More than 1 Bln€ from Short-Term Rentals in 2024
English Edition |

Sector Official: State Will Earn More than 1 Bln€ from Short-Term Rentals in 2024

Short-term rentals have sparked debate within Greek society due to their perceived benefits and disadvantages

Shipping: Why LNG is a More Sustainable Marine Fuel
English Edition |

Shipping: Why LNG is a More Sustainable Marine Fuel

Conclusions of a report by the Methane Abatement in Maritime Innovation Initiative (MAMII) after two years of activities

Wood & Co. Monitors Greece’s Economic Growth amid Natural Disaster Risks
English Edition |

Wood & Co. Monitors Greece’s Economic Growth amid Natural Disaster Risks

They estimate the current potential GDP growth around 3%, supported by robust private sector finances and a stable public sector budget, which helps keep borrowing costs in check

ELSTAT: Industrial Production Up by 6.7% in May 2024 in Greece
English Edition |

ELSTAT: Industrial Production Up by 6.7% in May 2024 in Greece

The average overall Industrial Production Index for the period from January to May 2024 recorded an increase of 5.8% compared with the average IPI of the period from January to May 2023

Thousands of Beach Complaints Filed via MyCoast App
English Edition |

Thousands of Beach Complaints Filed via MyCoast App

Greek citizens have downloaded the beach report app 52,000 times

Study: Greeks Aware of Climate Change Impact but Still Seeking Solutions
English Edition |

Study: Greeks Aware of Climate Change Impact but Still Seeking Solutions

Greeks still lack knowledge about effective climate change solutions scoring below the EU average on an EIB survey of 35 countries.

Greece 2nd Renewable Energy Source (RES) Market for Investment
English Edition |

Greece 2nd Renewable Energy Source (RES) Market for Investment

Greece performed exceptionally according to the biannual EY Renewable Energy Country Attractiveness Index (RECAI), a report that assesses the investment and deployment opportunities in 40 of the world’s top markets

BoG Gov on Pension System Reform
English Edition |

BoG Gov on Pension System Reform

Speaking at a book presentation in Athens, Yannis Stournaras pointed out that Greece’s pension system differs, in terms of structure, with other more advanced western countries

Changes in Wages, Insurance, and Labor Contracts in Greece
English Edition |

Changes in Wages, Insurance, and Labor Contracts in Greece

With unemployment at 10.6% as of May, the task ahead is to decrease unemployment below 10% by fostering stable, quality job positions

JP Morgan Upgrades OTE Stock to Overweight
English Edition |

JP Morgan Upgrades OTE Stock to Overweight

JP Morgan points out OTE maintains a solid balance sheet and offers attractive returns for shareholders

Greece Considers Small Nuclear Units for Electricity Generation
English Edition |

Greece Considers Small Nuclear Units for Electricity Generation

Greece's PM has opened discussions to examine the prospects of small modular nuclear reactors in the country

Paris 2024 Olympics: Greece ‘Adorns’ Paris in Tourism Campaign
English Edition |

Paris 2024 Olympics: Greece ‘Adorns’ Paris in Tourism Campaign

The Greek National Tourism Organization (EOT) realized its “out of home” campaign - from May 24 to June 13 - aimed at attracting the dynamic French audience and the millions of visitors set to arrive in Paris for the Olympic Games.

French Elections: Exit Poll Projects Le Pen’s Party 3rd
English Edition |

French Elections: Exit Poll Projects Le Pen’s Party 3rd

The left-wing New Popular Front (NFP) is estimated to win 172-192

Greeks Turn to Second-Hand Market to Save Money
English Edition |

Greeks Turn to Second-Hand Market to Save Money

It is unclear whether this trend is primarily attributed to the need for financial difficulties or if it is also done out of principle (acquiring quality products at competitive prices with a "green" footprint)

French Elections: Le Pen Aims to Control Parliament in Crucial Vote
English Edition |

French Elections: Le Pen Aims to Control Parliament in Crucial Vote

The voter turnout is higher than the previous round last Sunday

Greek PM on Inflation, Climate Crisis, Unemployment etc in Weekly Review
English Edition |

Greek PM on Inflation, Climate Crisis, Unemployment etc in Weekly Review

The PM urged people to watch Coldplay's latest video clip shot at the Odeon of Herodes Atticus

Demographic Crisis: Gap Between Annual Deaths, Births Rises in Greece
English Edition |

Demographic Crisis: Gap Between Annual Deaths, Births Rises in Greece

During the 2020-22 period, amid the pandemic, the number of deaths reported in the country reached roughly 169,000, compared to only some 113,000 births

Labor Minister’s Turn to Deflect Criticism Over 6-Day Workweek
English Edition |

Labor Minister’s Turn to Deflect Criticism Over 6-Day Workweek

The measure, enacted as of July 1, generated, somewhat surprisingly, international headlines and television coverage from around the world

ManpowerGroup: AI Trends and Challenges among Greek Employers
English Edition |

ManpowerGroup: AI Trends and Challenges among Greek Employers

According to the ManpowerGroup study, 35% of the 525 Greek companies surveyed have adopted AI, including creative and conversational applications

Franchise Networks on the Rise in Greece
English Edition |

Franchise Networks on the Rise in Greece

After an extended period of crises and insecurity, franchising emerges unscathed, offering stability to new franchisees, entrepreneurs, and those seeking business growth

Athens Int’l Airport: 16% Increase in Passenger Traffic H1 2024
English Edition |

Athens Int’l Airport: 16% Increase in Passenger Traffic H1 2024

Both domestic and international passenger traffic at Athens International Airport have shown robust growth, surpassing last year's figures by 7.5% and 15.4%, respectively

KEPE Report: Greek Household Earnings Below EU Average
English Edition |

KEPE Report: Greek Household Earnings Below EU Average

This downward trend in earnings for households with children could be contributing to the country's declining population.

UK’s Likely Next PM Keir Starmer Thanks Supporters on X
English Edition |

UK’s Likely Next PM Keir Starmer Thanks Supporters on X

In what has quickly been hailed as a landslide victory for the Labour Party in the U.K., the country's soon-to-be-PM Keir Starmer has started thanking supporters on X

INSETE: The Countries Greeks Visit Most
English Edition |

INSETE: The Countries Greeks Visit Most

INSETE cited leisure, accounting for approximately 60%, followed by visiting relatives and friends at 18% as the main reason Greeks travel

Bank of Greece: Deposit-Loan Spread Down in May by 4.99%
English Edition |

Bank of Greece: Deposit-Loan Spread Down in May by 4.99%

The average interest rate on overnight deposits placed by households remained unchanged at 0.03%

Global Media Critical of Greece’s 6-Day Work Week
English Edition |

Global Media Critical of Greece’s 6-Day Work Week

International media have highlighted the counterproductive nature of the 6-day work week legislation, citing research that shows that increasing work hours will raise the risk of on-the-job mistakes and burnout.

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