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OT |

English Edition

Greek Tourism – Over Half a Million Stayed in Greece in June
English Edition |

Greek Tourism – Over Half a Million Stayed in Greece in June

ELSTAT released provisional monthly statistics that revealed the upward trend in various sectors linked to Greek tourism

Greece’s Attica Region 7th Largest Shipping Center in World
English Edition |

Greece’s Attica Region 7th Largest Shipping Center in World

The annual report, known as the Xinhua-Baltic International Shipping Centre Development Index (ISCDI), ranks shipping centers throughout the world, based on size, and shows the Attica region nudging up by one place in 2024

Tax Bureau: €18.5mln in Revenues Concealed by 52 Online Retailers
English Edition |

Tax Bureau: €18.5mln in Revenues Concealed by 52 Online Retailers

The latest sweep by Greece’s tax bureau, this time targeting the e-commerce sector in the first half of the year, reportedly identified 52 online violators

Greek Consumers Faced with More Price Hikes This Fall
English Edition |

Greek Consumers Faced with More Price Hikes This Fall

Greek market experts are forecasting a 15-20% rise in the price of basic goods, coffee, and cocoa in September

Naxos Potato Crisis: Drought and Poor Infrastructure Hit Production
English Edition |

Naxos Potato Crisis: Drought and Poor Infrastructure Hit Production

The Naxos potato, a PDO-certified product, is facing historically low yields, which will force the island to import potatoes for the first time on record this autumn.

Air Passenger Traffic Up 9.5% in Jan-Jul 2024 Period
English Edition |

Air Passenger Traffic Up 9.5% in Jan-Jul 2024 Period

Specifically, the number of passengers between January and July 2024 totaled 42,538,219, up from 38,833,074 in the corresponding period of 2023.

Greek State to Auction 26-Week T-Bills on Wednesday
English Edition |

Greek State to Auction 26-Week T-Bills on Wednesday

The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)

Mytilineos: ‘Meaningful Action Immediately’ Needed by Commission Over CRMs
English Edition |

Mytilineos: ‘Meaningful Action Immediately’ Needed by Commission Over CRMs

The CEO of the recently renamed Metlen Energy & Metals group said 'tangible measures' are required to protect European industry; cites article on CRMs

Greece Sets Fixed Prices for Basic School Supplies
English Edition |

Greece Sets Fixed Prices for Basic School Supplies

The ‘School Supplies Basket’ goes into effect on Aug. 28 and aims to support families with children by keeping school goods prices low

BoG: Greek Tourism Surges 12.2% in 1st Half of 2024
English Edition |

BoG: Greek Tourism Surges 12.2% in 1st Half of 2024

According to the BoG figures, travel revenues in the first six months of 2024 reached €6.9 billion, compared to €6.1 billion in the same period of 2023, generating an additional €754 million in 2024 compared to 2023

Eurostat: Inflation in Greece at 3% in July – Above EU Average
English Edition |

Eurostat: Inflation in Greece at 3% in July – Above EU Average

The European Union’s (EU) annual inflation rate was 2.8% in July, compared to 2.6% in June, compared to last year when it stood at 6.1%

Current Account Balance Deficit at €8.8 billion in 6-Month Period
English Edition |

Current Account Balance Deficit at €8.8 billion in 6-Month Period

In June 2024, the current account balance recorded a surplus of €270.8 million, compared to a deficit in the same month of 2023

Greece on Red Alert for More Violent Storms and Flooding
English Edition |

Greece on Red Alert for More Violent Storms and Flooding

The Hellenic National Meteorological Service (EMY) warns of rain, thunderstorms, hail, and lightning in many areas of Greece

Greece’s Demographics to Drive Post-2027 Retirement Age Hike
English Edition |

Greece’s Demographics to Drive Post-2027 Retirement Age Hike

While the Greek government has promised not to change the retirement age until after 2027, studies show that the country's demographics issues may necessitate drastic measures soon after

Greece Second in Informal Employment among Eurozone
English Edition |

Greece Second in Informal Employment among Eurozone

High levels of informal employment place Greece and Portugal at the top, reflecting deep-rooted challenges in labor regulation

Greece Tax Statements: Olympian-Level Tax Evasion Again Suspected
English Edition |

Greece Tax Statements: Olympian-Level Tax Evasion Again Suspected

One in two self-employed professionals in the country declared, in tax statements, an average monthly Income in 2023 of …268 euros

New ‘Greece 2.0’ Plan Task Force for RRF to Monitor Projects
English Edition |

New ‘Greece 2.0’ Plan Task Force for RRF to Monitor Projects

The unit is scheduled to hold weekly meetings and will be tasked to map out the progress of pending projects under the Recovery Fund

Primary Surplus at €5.683 billion Jan.-Jul. 2024
English Edition |

Primary Surplus at €5.683 billion Jan.-Jul. 2024

Greek state budget deficit for January-July 2024 amounted to €121 million, significantly lower than the target of €3.745 billion

High Alert on Sat. for Wildfires Across Much of Greece
English Edition |

High Alert on Sat. for Wildfires Across Much of Greece

Two major blazes on the day in Kozani, Thesprotia prefectures

Express Visa Plan – Influx of Turkish Tourists to Greek Isles
English Edition |

Express Visa Plan – Influx of Turkish Tourists to Greek Isles

According to the German media outlet Rheinische Post, this has negatively affected popular Turkish coastal destinations like Bodrum and Cecme, which are almost empty

Revenues Up for Accommodation, Food Services Sectors in Q2 2024
English Edition |

Revenues Up for Accommodation, Food Services Sectors in Q2 2024

According to ELSTAT, revenues in the two sectors increased overall, but Mykonos and Santorini reported a steep decline

Higher Than Normal Temperatures Expected in September
English Edition |

Higher Than Normal Temperatures Expected in September

Meteorologists are forecasting warmer temperatures in September after Greece reported hottest July on record.

GDP up by 0.3% in Eurozone, EU for 2Q 2024
English Edition |

GDP up by 0.3% in Eurozone, EU for 2Q 2024

Compared to the same quarter of the previous year, seasonally adjusted GDP increased by 0.6% in the Eurozone and by 0.8% in the EU

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