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OT |

English Edition

Are Student Dorms the Next Real Estate Opportunity in Greece?
English Edition |

Are Student Dorms the Next Real Estate Opportunity in Greece?

With real estate in Greece soaring, privately-run “all-inclusive” student dorms are intriguing investors leaving some wondering if it's the country's next real estate opportunity

Investments to Transform Greece into a Global Logistics Gateway
English Edition |

Investments to Transform Greece into a Global Logistics Gateway

With private investors leading the way, more than 250,000 square meters of new logistics buildings are estimated to be delivered by 2024

Piraeus Bank Placement Kicks-off Today, Expects 8-10 bln. in Offers
English Edition |

Piraeus Bank Placement Kicks-off Today, Expects 8-10 bln. in Offers

The HFSF approved the amount of shares to be offered as well as the price of shares in a meeting over the weekend.

Cold Front to Reach Greece on Monday
English Edition |

Cold Front to Reach Greece on Monday

Come the new week, a polar air mass will descend upon Europe, which may mean icy weather and snowfall for Greece

PM Mitsotakis on Tempi Disaster: ‘All Responsible Will Be Held Accountable’
English Edition |

PM Mitsotakis on Tempi Disaster: ‘All Responsible Will Be Held Accountable’

The Greek Prime Minister began his weekly review post with reference to the one year anniversary of the Tempi train crash

This Year’s Winter Season Deemed Warmest in Greek History
English Edition |

This Year’s Winter Season Deemed Warmest in Greek History

Recent analysis revealed that the winter of 2023-2024 was the warmest on record for Greece, surpassing the second warmest during the 2015-2016 season.

Greek Govt Unveils Latest Round of Measures to Contain High Prices
English Edition |

Greek Govt Unveils Latest Round of Measures to Contain High Prices

Food prices are the primary worry in the east Med country

Greek Capital City 31st on Global Traffic Index
English Edition |

Greek Capital City 31st on Global Traffic Index

Surprisingly, TomTom's index identifies American cities like Oklahoma, Knoxville, and San Diego as havens for hassle-free driving

Eurostat: Inflation in Greece Unchanged at 3.2% in Feb.
English Edition |

Eurostat: Inflation in Greece Unchanged at 3.2% in Feb.

The Eurozone average dropped to 2.6%, according to the preliminary estimates by Eurostat

Greek Tourism Ministry Initiative to Promote LGBTQ-friendly destination
English Edition |

Greek Tourism Ministry Initiative to Promote LGBTQ-friendly destination

Tourism Minister Olga Kefalogiannis said Greece is the first European country actively seek arrivals from this community

BoG: Greece GDP Growth at 2.5% in 2024, 2025; Easing to 2.3% 2026
English Edition |

BoG: Greece GDP Growth at 2.5% in 2024, 2025; Easing to 2.3% 2026

BoG: Greece GDP Growth at 2.5% in 2024, 2025; Easing to 2.3% 2026

Helleniq Energy Proposes Total FY23 Dividend of 0.90€ Per Share
English Edition |

Helleniq Energy Proposes Total FY23 Dividend of 0.90€ Per Share

Net income was 477.73 million euros in 2023

ELSTAT: Jan. Unemployment in Greece stood at 10.4%
English Edition |

ELSTAT: Jan. Unemployment in Greece stood at 10.4%

Women were more affected than men by unemployment, with rates of 13.2% and 8.0%, respectively

KEPE: Greek GDP to Grow by 2.2% in 2024
English Edition |

KEPE: Greek GDP to Grow by 2.2% in 2024

KEPE underlines that the implementation of important reforms and investments through the utilization of funds from the Recovery and Resilience Facility and the new ESPA also play a role in the more positive outlook of the country’s economy

Greek PM Mitsotakis on Inflation, Farmers & Minimum Wage at Government Cabinet
English Edition |

Greek PM Mitsotakis on Inflation, Farmers & Minimum Wage at Government Cabinet

The PM outlined a series of priorities over the coming months which included tackling inflation, supporting agricultural products, and enhancing public health.

EP Adopts Regulation for Transparent Short-Term Online Rental Platforms
English Edition |

EP Adopts Regulation for Transparent Short-Term Online Rental Platforms

The new regulation is particularly important for Greece, as Athens recorded a 20% increase in available accommodations compared to 2022, according to data from the international short-term rental analysis company AirDNA

NBG Report: Greek Tourism on Path for New Record in 2024
English Edition |

NBG Report: Greek Tourism on Path for New Record in 2024

The positive trend is reflected by the high demand expectations of Greek hoteliers, according to the study, with the relevant index reaching its highest historical point in the January-February period

Piraeus Bank: Greece on a Better Developmental Trajectory Compared to Europe
English Edition |

Piraeus Bank: Greece on a Better Developmental Trajectory Compared to Europe

In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase

Price Reduction in Products Up to 15% – Offers Limited
English Edition |

Price Reduction in Products Up to 15% – Offers Limited

Despite a three-month ban on offers, Aristotle Panteliadis, president of the Supermarket Association, said re-pricing for four out of five products remain in effect

Greece: 112,000 New Business Ventures in 2023
English Edition |

Greece: 112,000 New Business Ventures in 2023

A total of 112,000 new businesses were started in 2023, up by 6.1% over 2022, mainly in construction, transportation and storage.

Rail Transport in Greece in Downward Spiral a Year Since Tempi Disaster
English Edition |

Rail Transport in Greece in Downward Spiral a Year Since Tempi Disaster

Wide-spread flooding last September also devastated main north-south railroad axis in central Greece

Greek Tourism: Less Popular Destinations Shine; Strong Short-Term Leasing Demand
English Edition |

Greek Tourism: Less Popular Destinations Shine; Strong Short-Term Leasing Demand

Saturation and price hikes in popular tourist destinations have shifted attention towards less-congested islands, such as Tinos, Serifos, Skopelos, Thassos

Greek Public Revenue Body (IAPR) Launches Digital Tools to Crack Down on Fuel Smuggling
English Edition |

Greek Public Revenue Body (IAPR) Launches Digital Tools to Crack Down on Fuel Smuggling

An electronic data collection mechanism will be linked to Tax Warehouses and Customs Warehouses input-output analysis systems, while a digital application will allow for registration of Energy Products by bunker vessels

Greek Economy: Concerns Rise as Foreign Direct Investments Plunge by 40%
English Edition |

Greek Economy: Concerns Rise as Foreign Direct Investments Plunge by 40%

However, concerns arise as milestones now involve not only reforms and legislation but also project assignments, highlighting the government's lack of readiness in many cases

Foreign Universities in Greece Eye Athens and Ellinikon for Private Institutions’ Campuses
English Edition |

Foreign Universities in Greece Eye Athens and Ellinikon for Private Institutions’ Campuses

At the same time, reliable sources reveal that top universities, including MIT, Yale, and Harvard, visited the Ellinikon mega-project site where Lamda Development showcased its redevelopment plans.

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