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OT |

English Edition

IMF Says Greece’s Informal Sector Shrinking
English Edition |

IMF Says Greece’s Informal Sector Shrinking

The country's efforts at digitalization and in combatting tax evasion seem to be bearing fruit

Greek Banks: Public Set to Fully Exit by Autumn – The Roadmap for Each Bank
English Edition |

Greek Banks: Public Set to Fully Exit by Autumn – The Roadmap for Each Bank

It is also stressed that until the upcoming November U.S. elections, there is substantial opportunity to mark the formal end of the crisis in the banking sector, with the complete return of the system to the private sector.

Real Estate: Why Greeks Are Relocating-The Properties They Choose
English Edition |

Real Estate: Why Greeks Are Relocating-The Properties They Choose

The popularity of co-living is increasing in Greece, with 57% considering it, drawn by cost-effective shared amenities (26.7%) and reduced isolation (22.7%).

Eurostat: Greece Surpasses Pre-COVID Levels
English Edition |

Eurostat: Greece Surpasses Pre-COVID Levels

Nevertheless, the Economic Sentiment Indicator, reflecting public perception of the economy, has turned positive after the pandemic-induced downturn from March 2020 to April 2021, this positive shift has stabilized consumption, with retail trade gaining momentum since May 2022.

Eurostat: Energy from Renewable Sources Above EU Average in Greece
English Edition |

Eurostat: Energy from Renewable Sources Above EU Average in Greece

Renewable energy sources in the country for 2022 generated 43% of electricity demand

Hellenic Statistical Authority: Greek Tourism in 2023 Breaks Record Set in 2019
English Edition |

Hellenic Statistical Authority: Greek Tourism in 2023 Breaks Record Set in 2019

For the 12-month period of January-December, non-resident traveler arrivals rose by 17.6%, with related receipts increasing by 15.7%

Greek PM Mitsotakis and PM of India Modi Pledge to Enhance Bilateral Relations
English Edition |

Greek PM Mitsotakis and PM of India Modi Pledge to Enhance Bilateral Relations

The PM of India on his behalf emphasized the existence of opportunities for close cooperation between the two countries with the target being to double trade transactions by 2030

Commission: Implementation of Greece’s Resilience Plan On Track
English Edition |

Commission: Implementation of Greece’s Resilience Plan On Track

European Commission says Greece is moving ahead with the implementation of key investments and reforms according to its National Recovery and Resilience Plan

PM Mitsotakis to Kick-Off Official Visit to India on Wed.
English Edition |

PM Mitsotakis to Kick-Off Official Visit to India on Wed.

The Greek Premier will first be received by Indian Prime Minister Narendra Modi for talks focusing on expanding ties in a variety of sectors

Farmers Rally Across From Greek Parliament Without Incident
English Edition |

Farmers Rally Across From Greek Parliament Without Incident

Protesters have demanded untaxed diesel fuel, subsidized electricity, a clampdown on ag imports presented as domestic products and even revisions of the EU’s standing Common Agricultural Policy (CAP)

Greece Looking to Increase Golden Visa Limits Based on Zones
English Edition |

Greece Looking to Increase Golden Visa Limits Based on Zones

A new regulation, set to be tabled in parliament in the coming period, foresees an increase in the minimum golden visa outlay for certain areas at 800,000 euros

BoG: 2023 Tourism Receipts Break 2019 Record
English Edition |

BoG: 2023 Tourism Receipts Break 2019 Record

As the BoG figures show, travel receipts amounted to 20.459 billion euros, a 12.7% uptick from 18.151 billion euros in 2019

Greek Hotels Urgently Seeking 30,000 Employees for Hire
English Edition |

Greek Hotels Urgently Seeking 30,000 Employees for Hire

A new study reveals that Greece’s hospitality sector is in immediate need of 30,000 employees to meet the demand ahead of the tourism season

Greece Shoreline Bill Causes Stir Among Environmental Groups
English Edition |

Greece Shoreline Bill Causes Stir Among Environmental Groups

Environmental groups in Greece are calling on the government to re-examine a shoreline use law urging protection of beaches and coasts

Eurostat: North Aegean Among Poorest Regions in European Union
English Edition |

Eurostat: North Aegean Among Poorest Regions in European Union

Notably, except for Attica, where per capita GDP is 90% of the European average, in other Greek regions it is below 75% of the EU

EP President Roberta Metsola in Greek Parliament: ‘Greece the Cradle of Democracy’
English Edition |

EP President Roberta Metsola in Greek Parliament: ‘Greece the Cradle of Democracy’

The President of the European Parliament in her opening remarks paid tribute to Alexei Navalny stating that he was first deprived of freedom and his life

Red Sea Instability Seen Boosting Cruise Ship Tourism in Greece
English Edition |

Red Sea Instability Seen Boosting Cruise Ship Tourism in Greece

Major cruise lines are avoiding the area by canceling or adjusting itineraries, and have not scheduled any passage in the area until the Spring

Postal Voting: Platform Open for Registration – The Procedure
English Edition |

Postal Voting: Platform Open for Registration – The Procedure

Once completed, the form must be dispatched via registered mail, at no cost to the voter, to the designated address.

Carbon Capture: First Project in East Med by DESFA and Energean Underway
English Edition |

Carbon Capture: First Project in East Med by DESFA and Energean Underway

The necessary permits and studies are expected to be completed in 2024

Germans Spent Record Amount in 2023 in Greece
English Edition |

Germans Spent Record Amount in 2023 in Greece

Daily vacation expenses also hit a record high in 2023, as Germans spent an average of €129 per day, marking a 19% hike compared to two years prior. Greece was the most expensive destination at €160 per day

Tourism Min. Says Greece Plans to Become Ultimate “Top of Mind” Destination for Americans
English Edition |

Tourism Min. Says Greece Plans to Become Ultimate “Top of Mind” Destination for Americans

Greek Tourism Minister Olga Kefalogianni took part in a teleconference organized by the Greek-American Chamber of Commerce

26W T-Bill Auction by Greek State Next Wed.
English Edition |

26W T-Bill Auction by Greek State Next Wed.

Amount sought is 625 million euros

Photovoltaics: Greece 5th in PPAs in Europe
English Edition |

Photovoltaics: Greece 5th in PPAs in Europe

Greek company Mytilineos, which has entered into a bilateral long-term power contract for 411 MW, holds 8th place in green electricity in Europe

Traditional Restaurants Launching New Concepts Catering to Modern Trends
English Edition |

Traditional Restaurants Launching New Concepts Catering to Modern Trends

Special emphasis is placed on emerging trends, which professionals strive to incorporate into their strategies and of course, into their menus.

Ukraine: Construction and Energy Sectors Attract Greek Businesses
English Edition |

Ukraine: Construction and Energy Sectors Attract Greek Businesses

A noteworthy portion of Ukraine's current exports is facilitated by Greek-owned fleets, comprising 37.24% of total ships departing from Ukrainian ports and carrying 53.11% of the country's exported goods

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