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OT |

English Edition

Tax Bureau: More than 4mln Individuals Owe Arrears of 3.4bln€
English Edition |

Tax Bureau: More than 4mln Individuals Owe Arrears of 3.4bln€

Overall arrears owed to the state total a still stratospheric 80.8 billion euros, even as 26.32 billion euros has finally been declared as “non-collectible” by the tax bureau.

Over 10,000 complaints for Beach Violations in Greece
English Edition |

Over 10,000 complaints for Beach Violations in Greece

Special task forces have carried out over 5,000 inspections nationwide of more than 1,100 businesses so far

E-Commerce Trends: What Greeks Buy Online
English Edition |

E-Commerce Trends: What Greeks Buy Online

In 2023, Greeks spent €34.9 billion online, with 94% making monthly e-purchases

National Bank of Greece (NBG) Posts €640mln Profits in 1st Half of 2024
English Edition |

National Bank of Greece (NBG) Posts €640mln Profits in 1st Half of 2024

The results were a 26% increase compared to the same period in 2023

Stark Disparities in Greek Salaries, Data Reveal
English Edition |

Stark Disparities in Greek Salaries, Data Reveal

Over 50% of Greek private sector employees earn €800 or less monthly, highlighting widespread poverty and low purchasing power.

Gov’t: Power Subsidy of 1.6 cents/kWh for Households in Aug.
English Edition |

Gov’t: Power Subsidy of 1.6 cents/kWh for Households in Aug.

The extraordinary kWh subsidy program comes amid the latest surge in energy prices, especially electricity produced from natural gas

Greek Economic Sentiment Index Down in July
English Edition |

Greek Economic Sentiment Index Down in July

It settled a a 5-month low at 106.8 in July

Greece Picks Apostolos Tzitzikostas for EC Commissioner
English Edition |

Greece Picks Apostolos Tzitzikostas for EC Commissioner

Apostolos Tzitzikostas, 45, is the acting governor of the region of Central Macedonia, while he is a Member of the European Committee of the Regions

Athens’ Air Quality Ranks 269 out of 375, Says EEA
English Edition |

Athens’ Air Quality Ranks 269 out of 375, Says EEA

The European Environment Agency characterizes Athens' air quality as 'moderate'

Interest Rates Show Widening Margin between Deposits, Loans
English Edition |

Interest Rates Show Widening Margin between Deposits, Loans

Data from the Bank of Greece for June 2024 revealed that the average weighted interest rate for new deposits held steady at 0.57%, while the rate for new loans climbed to 5.78%

Greece: Supermarket Prices Fall in July
English Edition |

Greece: Supermarket Prices Fall in July

Out of the 23 categories analyzed, 13 experienced price decreases while 10 saw increases.

Survey: Greek CEOs Optimistic About Economy
English Edition |

Survey: Greek CEOs Optimistic About Economy

More than half of Greek CEOs (54%) express high confidence in their company’s growth potential

Survey: Greek Workers Worse off than Romanians & Lithuanians
English Edition |

Survey: Greek Workers Worse off than Romanians & Lithuanians

As recorded by the Eurofound survey, nearly half of the workers in Greece (45%) struggle to meet their obligations with their current salary

Prinos CO2 Storage: Energean Races Deadlines, Greece Eyes Egypt for Extra Capacity
English Edition |

Prinos CO2 Storage: Energean Races Deadlines, Greece Eyes Egypt for Extra Capacity

The clock is ticking for Energean to meet tight deadlines for the €1 billion Prinos CO2 Storage project. Meanwhile, Greece already knows Prinos' capacity is not enough, and is exploring solutions in Egypt.

Greece’s Tax Income Hits Record, Will Exceed 4 Billion Euros
English Edition |

Greece’s Tax Income Hits Record, Will Exceed 4 Billion Euros

Greece's surge in tax income is attributed to both the higher incomes declared by taxpayers and the imputed taxation system applied to freelancers and self-employed professionals.

A Greek Beach is the Best in the World
English Edition |

A Greek Beach is the Best in the World

A popular U.S. travel agency, Florida Panhandle, conducted a vast online survey of traveler reviews for beaches worldwide

Eurostat: Greece Among Most Popular Destinations in EU in 2023
English Edition |

Eurostat: Greece Among Most Popular Destinations in EU in 2023

It ranked 8th regarding short-stay accommodations booked via online platforms - Airbnb, Booking, Expedia Group, or TripAdvisor

Greek Cheese ‘Kashkavali Pindou’ Receives EU PGI Status
English Edition |

Greek Cheese ‘Kashkavali Pindou’ Receives EU PGI Status

‘Kashkavali Pindou’ is a semi-hard cheese renowned for its unique production method involving heated curds.

The Cheapest and Most Expensive Greek Islands for Buying a Home
English Edition |

The Cheapest and Most Expensive Greek Islands for Buying a Home

Andros, the most northern Cycladic island in the Aegean, offers the most affordable options, with prices ranging between 2,000 and 4,000 euros per square meter.

Tourism: Greece Sees More Tourists, but Lower Spending
English Edition |

Tourism: Greece Sees More Tourists, but Lower Spending

In May, total tourism revenue increased by 6.8%, while arrivals rose by 21.3%. However, the average spending per trip decreased by 12.2%

Greece Faces Increasing Labor Shortages Amid Economic Growth
English Edition |

Greece Faces Increasing Labor Shortages Amid Economic Growth

According to Stournaras, the labor shortages are particularly pronounced in sectors critical to the Greek economy, such as tourism, agriculture, and construction

Olympics: Greek Athletes’ Itinerary on Day 2 of Competition
English Edition |

Olympics: Greek Athletes’ Itinerary on Day 2 of Competition

The program for Day 2 of the 2024 Olympic Games will also be filled with Greek participation. The times and channels are listed below.

Greece Invests Millions to Preserve Dodecanese’s Cultural Heritage
English Edition |

Greece Invests Millions to Preserve Dodecanese’s Cultural Heritage

The Greek Ministry of Culture has undertaken a significant project with over 50 million euros in investments to restore ancient artifacts in the region

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