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OT |

English Edition

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.

Financial Services Among Highest Paying Sectors in Greece
English Edition |

Financial Services Among Highest Paying Sectors in Greece

Salaries in Greece increased in major industries in Sept. compared to 2019 with more annual pay raises expected by 2028

Minister: Greece to Tighten Alcohol Laws by End of Year
English Edition |

Minister: Greece to Tighten Alcohol Laws by End of Year

A poisoning incident among students has prompted Greek authorities to revise laws and make the sale of alcohol to minors a criminal offence

PM Mitsotakis Emphasizes Strong Greece-US Ties after Trump Win
English Edition |

PM Mitsotakis Emphasizes Strong Greece-US Ties after Trump Win

"Greece is transforming every day, and Greeks everywhere must walk this path with us," he concluded

Mini Rally in Athens Stock Market on Trump Victory
English Edition |

Mini Rally in Athens Stock Market on Trump Victory

American exposed shares like Titan and Cenergy drew renewed investors’ attention as the latter attempted to gauge the shifting landscape following Trump’s electoral win

New Tax Bill Boosts Property Leasing, Adds Tax Cuts for Insured Homes
English Edition |

New Tax Bill Boosts Property Leasing, Adds Tax Cuts for Insured Homes

The new bill will also include enhanced ENFIA discounts for insured properties starting from 2025

Trump Victory Boosts USD, Bitcoin, US Stock Futures, US Treasury Notes
English Edition |

Trump Victory Boosts USD, Bitcoin, US Stock Futures, US Treasury Notes

The likelihood that Trump will deliver on his promise to "make America great again" through protectionist policies rippled through markets Wednesday morning.

Trump Declares Victory in 2024 U.S. Presidential Election
English Edition |

Trump Declares Victory in 2024 U.S. Presidential Election

Trump claimed victory in the 2024 US Presidential election at a West Palm Beach convention center. Results are not official.

Mitsotakis: ‘The outcome of the U.S. elections will not affect our relations’
English Edition |

Mitsotakis: ‘The outcome of the U.S. elections will not affect our relations’

Mitsotakis stated that "regardless of the outcome, Greek-American relations are strategic and their content will not be affected"

Foreign-Owned Businesses in Greece Thrive in Trade and Services
English Edition |

Foreign-Owned Businesses in Greece Thrive in Trade and Services

Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.

41st Athens Marathon- Traffic Regulations in Athens from Thursday to Sunday
English Edition |

41st Athens Marathon- Traffic Regulations in Athens from Thursday to Sunday

Traffic regulations will be implemented gradually, starting from Thursday, as part of the 41st Athens Marathon.

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