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OT |

English Edition

PDMA: Yield of Greek 10-Year Bond Set at 3.51%
English Edition |

PDMA: Yield of Greek 10-Year Bond Set at 3.51%

Bids surpassed expectations, exceeding the 250 million euros initially offered by approximately 3.5 times, totaling 835 million euros.

IOBE: Olive Oil Drives April Food Inflation to 5.4% in Greece
English Edition |

IOBE: Olive Oil Drives April Food Inflation to 5.4% in Greece

This discrepancy occurs because the weighting of olive oil in the consumer price index, as prescribed by Eurostat regulations, is significant due to its historically high consumption by Greek households

UK Tourists Boost Growth in Greece’s Off-Peak Season
English Edition |

UK Tourists Boost Growth in Greece’s Off-Peak Season

British Airways has significantly contributed to this growth, reporting a 6.6% increase in passengers in the first four months of this year compared to last year.

INSETE Report: Greece a Hotspot for European Vacationers
English Edition |

INSETE Report: Greece a Hotspot for European Vacationers

Greece among top five countries on travelers' itineraries from Germany, France and the UK

Study: Cost of Basic Food Basket in Greece and Other Countries
English Edition |

Study: Cost of Basic Food Basket in Greece and Other Countries

The findings are based on IELKA's regular report, which includes a price comparison study using data from price comparison platforms in each country and direct price checks from supermarket chains.

DBRS: Greece’s Economic Reforms Boost Growth Prospects, But Investment Gap Remains
English Edition |

DBRS: Greece’s Economic Reforms Boost Growth Prospects, But Investment Gap Remains

However, despite these advancements, Greece still faces a substantial investment gap compared to its eurozone peers.

Greeks Took Out 65% Loans Online in 2023
English Edition |

Greeks Took Out 65% Loans Online in 2023

Approximately 850-euro-million worth of loans in 2023 were issued via e-banking and mobile banking

Greece-Egypt “GREGY” Interconnector Moving Ahead as Planned
English Edition |

Greece-Egypt “GREGY” Interconnector Moving Ahead as Planned

The GREGY project aims to bring an underwater cable from Egypt to Greece to transport electricity generated in Egypt, through renewable sources, to Europe

Greece: AADE Completes Major Overhaul of Attica Tax Services
English Edition |

Greece: AADE Completes Major Overhaul of Attica Tax Services

Taxpayers in Attica will be served digitally through the "My Requests" application on the myAADE digital portal (myaade.gov.gr) or via the myAADEapp.

Cocktail of Dust and Heat Brings Stifling Sunday Weather
English Edition |

Cocktail of Dust and Heat Brings Stifling Sunday Weather

Meteorologists expect the conditions to persist until at least Wednesday

Greek Hotels Vindicated by Commission’s Ruling on Booking.com
English Edition |

Greek Hotels Vindicated by Commission’s Ruling on Booking.com

The Commission has ruled that Booking is a "gatekeeper" and must comply with the Digital Marketing Act, addressing complaints by the European Hotel Industry and Hellenic Chamber of Hotels

Which Islands Will Have Italians Flocking to Greece this Summer?
English Edition |

Which Islands Will Have Italians Flocking to Greece this Summer?

Well-known Italian travel magazine details reasons why Skopelos, Naxos and Astypalaia are the go-to summer destinations for Italians

Antentokounmpo 5th Highest Paid Athlete in World
English Edition |

Antentokounmpo 5th Highest Paid Athlete in World

The basketball player rakes in 111 million dollars per year, between his salary at the Bucks and endorsements from big brands like Amazon, Nike and Pepsi

Greek FM Gerapetritis: Need to Immediately End Gaza Hostilities
English Edition |

Greek FM Gerapetritis: Need to Immediately End Gaza Hostilities

Gerapetritis added that a humanitarian crisis was transpiring in Gaza, with the concerns now being spillover in the wider Middle East.

ETC Report: Greece 3rd Most Popular Destination for Europeans
English Edition |

ETC Report: Greece 3rd Most Popular Destination for Europeans

Italy and Spain are tied as the top destinations, each attracting 8% of travelers

Greece Battles EC to Protect Rice Industry and Public Health
English Edition |

Greece Battles EC to Protect Rice Industry and Public Health

Together with several other EU countries, Greece successfully blocked the European Commission's proposal to increase allowable levels of a banned pesticide commonly found in rice imported from southeast Asia

Eurostat: 3.2% Annual Inflation in Greece in April
English Edition |

Eurostat: 3.2% Annual Inflation in Greece in April

The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation

Intrum’s 2024 Report Unveils Greek Businesses Embrace Digitalization for Growth
English Edition |

Intrum’s 2024 Report Unveils Greek Businesses Embrace Digitalization for Growth

Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments

IOBE: Mild Drop in April Business Confidence Index (BCI) in Greece
English Edition |

IOBE: Mild Drop in April Business Confidence Index (BCI) in Greece

The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop

Greek PM Mitsotakis Calls on EU to Intervene Over Multinationals’ Pricing Policy
English Edition |

Greek PM Mitsotakis Calls on EU to Intervene Over Multinationals’ Pricing Policy

Speaking about price fairness, the Prime Minister emphasized, "Europe should also mean similar or uniform prices for the products sold by our multinational corporations.

Greenhouse Gas Emissions: 4% Decrease in EU, 0.3% Rise in Greece in Q4 2023
English Edition |

Greenhouse Gas Emissions: 4% Decrease in EU, 0.3% Rise in Greece in Q4 2023

The EU's GDP remained stable with a marginal 0.2% increase in fourth quarter of 2023

HEREMA CEO: High Expectations from Natgas Exploration Off Crete
English Edition |

HEREMA CEO: High Expectations from Natgas Exploration Off Crete

3D seismic surveys were conducted in the two offshore blocks west and southwest of Crete by a consortium comprised of ExxonMobil and HelleniQ Energy

EC Spring Forecast: Greek GDP at 2.2 in 2024, 2.3% in 2025
English Edition |

EC Spring Forecast: Greek GDP at 2.2 in 2024, 2.3% in 2025

Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%

EBRD Raises Outlook for Greek GDP to 2.3% in 2024, 2.6% in 2025
English Edition |

EBRD Raises Outlook for Greek GDP to 2.3% in 2024, 2.6% in 2025

Key downside risks remain, associated with possible delays in deploying Recovery and Resilience Facility (RRF) funds and weaknesses in key export markets and tourism source countries

Real Estate Insights: Athens’ Top Areas with the Highest Yields
English Edition |

Real Estate Insights: Athens’ Top Areas with the Highest Yields

In the first quarter of 2024, Korydallos in the Piraeus region and the burgeoning Attiki Square retain their top spots with impressive yields of 6.3%

ELSTAT: Inflation at 3.1% in April
English Edition |

ELSTAT: Inflation at 3.1% in April

Olive oil (63.7%), fruit (11.6%), fish (10.6%), and mineral water (12.5%) registered the highest increases annually

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