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OT |

English Edition

ELSTAT: Industrial Import Price Index Up by 2% in April 2024 in Greece
English Edition |

ELSTAT: Industrial Import Price Index Up by 2% in April 2024 in Greece

Meanwhile, the Production Index in Construction (IPC) in the 1st quarter of 2024 recorded an increase of 5.0%

Kasselakis Gives Post-Euro Election Interview to Mega
English Edition |

Kasselakis Gives Post-Euro Election Interview to Mega

'When you reduce the gap to a mere breathing distance in western Athens, Piraeus and Achaia, it means something has changed,' Kasselakis said

Auctioning Ten Hotels across Greece Each Valued Above 2 Million Euros
English Edition |

Auctioning Ten Hotels across Greece Each Valued Above 2 Million Euros

Scheduled throughout the summer from mid-June to October, these auctions feature hotels spanning from three-star accommodations to luxurious five-star resorts, each offering varied facilities, capacities, and amenities.

ELSTAT: 15.7% Surge in Agricultural and Livestock Prices for April 2024
English Edition |

ELSTAT: 15.7% Surge in Agricultural and Livestock Prices for April 2024

The 15.7% surge in April 2024's output price index is primarily attributed to a substantial 23.7% hike in the crop output group, driven mainly by the price increases in olive oil and fruits.

Mitsotakis to Bloomberg: Early Repayment of Bailout Loans
English Edition |

Mitsotakis to Bloomberg: Early Repayment of Bailout Loans

Greek Prime Minister cited an early repayment of eight billion euros in bailout loans, which Bloomberg said corresponds to three years of installments

Greece’s Economic Revival Draws Investors
English Edition |

Greece’s Economic Revival Draws Investors

Both foreign and domestic investors are seizing the moment, ushering in a wave of significant deals across various sectors like banking, technology, food, energy, logistics, and hospitality.

Skopelos Island in Greece Captivates French Tourists
English Edition |

Skopelos Island in Greece Captivates French Tourists

To capture the romantic essence of "Mamma Mia," the Municipality of Skopelos released an original music video featuring pianist Elena Xidia.

Second Wind Farm in Greece by EDPR
English Edition |

Second Wind Farm in Greece by EDPR

The wind farm “Erimia” is located at the town of Malesina in the administrative region of central Greece, with a 35W power capacity

Greek Employment – ManpowerGroup: Sectors Hiring in Q2 of 2024
English Edition |

Greek Employment – ManpowerGroup: Sectors Hiring in Q2 of 2024

The Information Technology sector leads as the most competitive at 38%, despite a 5-point drop from last quarter and 1 point from last year.

Greek PM Pledges Changes After ‘Concerning’ Election Result
English Edition |

Greek PM Pledges Changes After ‘Concerning’ Election Result

Greek PM Kyriakos Mitsotakis said voters sent a clear message of trust in European elections but want improvements.

Eurobank Increases Stake in Hellenic Bank to 55.42%
English Edition |

Eurobank Increases Stake in Hellenic Bank to 55.42%

Sources within the bank anticipate that this investment will propel Eurobank's stake up to 65% by the summer, paving the way for its proposed absorption of the Cypriot bank.

ELSTAT: Industrial Production in Greece Up by 10.8% in April
English Edition |

ELSTAT: Industrial Production in Greece Up by 10.8% in April

Looking at the broader picture, the average index for the period from January to April 2024 showed a solid 5.3% rise compared to the same period in 2023.

Greek Inflation in May Down to 2.4% from April
English Edition |

Greek Inflation in May Down to 2.4% from April

However, the consumer price Index (CPI) in May 2024 compared with May 2023, increased by 2.4%. In May 2023, the annual rate of change of the CPI was 2.8%.

Bloomberg: Greece Former EU ‘Crisis’ Country Set to Thrive
English Edition |

Bloomberg: Greece Former EU ‘Crisis’ Country Set to Thrive

Greece serves as a prime example, having lost a quarter of its GDP during the crisis but regaining its investment grade last year. Conversely, France was downgraded by S&P Global Ratings recently.

Greece Posts Record Voter Abstention Rate in EP Elections
English Edition |

Greece Posts Record Voter Abstention Rate in EP Elections

Election results show that a whopping 58.61% of Greek voters turned their backs on the polls yesterday

Belgium’s PM to Resign on EP Election Losses
English Edition |

Belgium’s PM to Resign on EP Election Losses

Belgian Prime Minister Alexander De Croo said he will submit his resignation today to King Philippe, who has the power to reject it

Le Pen Party Victory Leads Macron To Call Snap Elex in France
English Edition |

Le Pen Party Victory Leads Macron To Call Snap Elex in France

Le Pen led nationalist and anti-migration National Rally is expected to come in first by a wide margin in Sunday's European Parliament election

Metron Analysis Poll: ND at 32%, SYRIZA 15.5% Ahead of EP Elex
English Edition |

Metron Analysis Poll: ND at 32%, SYRIZA 15.5% Ahead of EP Elex

Another seven political parties are forecast to elect MEPs in the next European Parliament

Foreign Analysts Give Votes of Confidence to Greek Banks
English Edition |

Foreign Analysts Give Votes of Confidence to Greek Banks

Axia, one of the foreign analysts, considers the dividend approval as a crucial step towards the normalization of Greek banks post the 2010-2015 crisis.

ELSTAT: Trade Balance Deficit in Greece Up by 35.6% in April
English Edition |

ELSTAT: Trade Balance Deficit in Greece Up by 35.6% in April

Export values reached 4.467 billion euros, up from 4.019 billion euros in April 2023, marking an 11.1% rise.

Greek GDP to Reach 2.1% in Q1 2024
English Edition |

Greek GDP to Reach 2.1% in Q1 2024

The available non-seasonally adjusted data indicate that in the 1st quarter of 2024 the Gross Domestic Product (GDP) in volume terms increased by 1.9% in comparison with the 1st quarter of 2023

Greek Employees to Work More with 6-Day Working Week
English Edition |

Greek Employees to Work More with 6-Day Working Week

German publication Handelsblatt says EU countries are moving in the opposite direction considering a 4-day working week

25 Years of Lidl Greece, €1.4 Billion Investments, Future Plans
English Edition |

25 Years of Lidl Greece, €1.4 Billion Investments, Future Plans

Transitioning from a modest selection of 900 generic products, Lidl now boasts 2,500 items, including branded goods, with a noteworthy 60% of its sales stemming from Greek suppliers.

ECB’s Interest Rate Cut: Relief for Businesses, Limited Impact on Mortgages
English Edition |

ECB’s Interest Rate Cut: Relief for Businesses, Limited Impact on Mortgages

In 2024, many businesses, especially small ones, were struggling with increased borrowing costs, making debt servicing a nightmare.

Greece Secures Seat on UN Security Council
English Edition |

Greece Secures Seat on UN Security Council

Greece secured a UN Security Council seat for 2025-2026 with 182 votes, joining Denmark, Panama, Somalia, and Pakistan.

ECB Approves 1st Dividend Payouts to Greek Banks, Cuts Rates by 25pts
English Edition |

ECB Approves 1st Dividend Payouts to Greek Banks, Cuts Rates by 25pts

Greek banks received ECB approval to resume dividend payments after 16 years and a painful debt crisis.

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