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OT |

English Edition

High Court Oks Athens Municipality’s Bid to Keep Height Restrictions Intact
English Edition |

High Court Oks Athens Municipality’s Bid to Keep Height Restrictions Intact

The city had petitioned for a temporary suspension of the higher-ranking entity’s decision to scrap its restrictions on increasing the height of buildings in much of the Greek capital.

Athenians Depart Athens in Droves by Ferry from Piraeus Port
English Edition |

Athenians Depart Athens in Droves by Ferry from Piraeus Port

Ferries from Piraeus to the Cyclades and the Dodecanese are leaving at 75% occupancy

Biden Steps Aside as Democratic Presidential Nominee
English Edition |

Biden Steps Aside as Democratic Presidential Nominee

In a statement, Biden expressed that stepping down was in the best interest of both his party and the country, allowing him to concentrate on his presidential duties for the remainder of his term

Mitsotakis: It makes no sense for Cyprus, an EU member, to remain divided
English Edition |

Mitsotakis: It makes no sense for Cyprus, an EU member, to remain divided

Greek PM's FB post comes a day after he spoke at a remembrance event on Cyprus on the occasion of the dour anniversary of the Turkish invasion of Cyprus

Ursula von der Leyen: ‘The Cyprus question is a European one’
English Edition |

Ursula von der Leyen: ‘The Cyprus question is a European one’

President von der Leyen's statement comes at a time when talks on the Cyprus problem are resuming

Greek State to Auction 26W T-bills Next Wed.
English Edition |

Greek State to Auction 26W T-bills Next Wed.

The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)

Competition Watchdog Announces Inquiry Into Bank Deposit Rates
English Edition |

Competition Watchdog Announces Inquiry Into Bank Deposit Rates

The sector inquiry by the Hellenic Competition Commission will focus on deposit interest rates - criticized as low - offered by Greek banks

Operation ‘Paper Dragon’ Uncovers Major Retail Tax Evasion Scam
English Edition |

Operation ‘Paper Dragon’ Uncovers Major Retail Tax Evasion Scam

Unrecognizable QR codes on receipts given to customers for their purchases led to initial complaints and subsequent Operation Paper Dragon

Euronews Highlights Greek Beach Crackdown Success
English Edition |

Euronews Highlights Greek Beach Crackdown Success

In the pursuit of restoring beach accessibility for all, Euronews highlights the crucial role of local citizens using the MyCoast app to report violations, while the app identifies compliant businesses.

Food Inflation: Why Prices in Greece Are Soaring
English Edition |

Food Inflation: Why Prices in Greece Are Soaring

Food inflation in Greece is comparable to the EU27 average, while Greek wages, in terms of purchasing power, are only higher than those in Bulgaria

ELSTAT: Industrial Turnover Up by 4.6% in May
English Edition |

ELSTAT: Industrial Turnover Up by 4.6% in May

This contrasts with a 12.5% decrease observed in May 2023 compared to May 2022.

Re-opening of GGB 3.875% Auction Oversubscribed by 3.62 Times
English Edition |

Re-opening of GGB 3.875% Auction Oversubscribed by 3.62 Times

The Greek state on Wednesday proceeded with a re-opening of a 3.875% government bond issue – with the latter debt due to mature in March 2029.

Airport Passenger Traffic Up 11.4% in the 1st Half of 2024
English Edition |

Airport Passenger Traffic Up 11.4% in the 1st Half of 2024

The airports welcoming the most tourists this month are Athens International Airport, followed by Heraklion, Rhodes, Corfu, Thessaloniki, Kos, Chania, Zakynthos, Santorini, and Mykonos.

Greece’s Labor Market Trends; Job Vacancies Surge
English Edition |

Greece’s Labor Market Trends; Job Vacancies Surge

According to the latest data job openings soared to a record high of 70,826 positions in the first quarter of 2024, marking a remarkable 115.6% annual increase.

Eurostat: Inflation in Greece and Euro area at 2.5% in June
English Edition |

Eurostat: Inflation in Greece and Euro area at 2.5% in June

Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July

Greece Acts to Protect Consumers amid Soaring Electricity Prices
English Edition |

Greece Acts to Protect Consumers amid Soaring Electricity Prices

Skylakakis outlined the government's initiatives but withheld specifics regarding the emergency tax and bill subsidies, which are slated for finalization by late July.

Cruise Industry Opposes New EU Plan for Piraeus Port
English Edition |

Cruise Industry Opposes New EU Plan for Piraeus Port

According to the Plan, cruise ship passengers will be transported by shuttle boats from Piraeus port to the Peace and Friendship Stadium (SEF), so that they can then travel to Athens

Greek State to Reopen 3.875% Bond on Wed.
English Edition |

Greek State to Reopen 3.875% Bond on Wed.

Bond of 3.875% is set to mature on March 12, 2029

Critical Week for Greece-Cyprus Cable
English Edition |

Critical Week for Greece-Cyprus Cable

The study concluded that the social benefits of the interconnection, totaling 8 billion euros, far outweigh its 1.9 billion euros construction cost, resulting in a net social benefit exceeding 6 billion euros.

Roberta Metsola Re-elected President of European Parliament
English Edition |

Roberta Metsola Re-elected President of European Parliament

Her second term will be for a period of two and a half years

ELSTAT: 1.5% Increase in Business Turnover in May 2024
English Edition |

ELSTAT: 1.5% Increase in Business Turnover in May 2024

The most significant increase in turnover in May 2024 compared with May 2023 was recorded from the enterprises of the Accommodation and Food Service Activities, sector which grew by 14.8%.

Cosco: Container Traffic Decline at Piraeus Port Continues
English Edition |

Cosco: Container Traffic Decline at Piraeus Port Continues

This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.

Gov’t Eyes Return of Power Subsidies Amid Spike in Rates
English Edition |

Gov’t Eyes Return of Power Subsidies Amid Spike in Rates

According to reports, the government will resume an electricity subsidization program, given that forecasts cite disruptions – i.e. higher rates

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