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OT |

English Edition

ELSTAT: 21.8% Increase in Accommodation Turnover in Nov. – Catering Rises to +6.9%
English Edition |

ELSTAT: 21.8% Increase in Accommodation Turnover in Nov. – Catering Rises to +6.9%

However, in terms of percentage, the Regional Unit of the island of Ikaria was the standout performer, as it presented a remarkable increase in the cumulative turnover (accommodations and catering) in November by an astonishing 221.8%!

Mitsotakis Interviews to CNN, Bloomberg TV in Davos (video)
English Edition |

Mitsotakis Interviews to CNN, Bloomberg TV in Davos (video)

The PM said he was certain the same-sex marriage Bill would become Law in February

Greek Businesses to Thrive in 2024 and which to Face Decline
English Edition |

Greek Businesses to Thrive in 2024 and which to Face Decline

According to the market's average estimate, the real GDP in Greece is estimated to have strengthened by 2.3% in 2023, while a growth slowdown to 2.0% is projected for 2024.

Golden Visa: Brits Investing in Greece
English Edition |

Golden Visa: Brits Investing in Greece

As reported the most popular regions for British buyers are Crete, Kefalonia, and Corfu

GEK TERNA Places 6 mln Shares, Seen as Vote of Confidence by Foreign Investors
English Edition |

GEK TERNA Places 6 mln Shares, Seen as Vote of Confidence by Foreign Investors

GEK’s initial intention was to conduct a share placement of 5 million shares, which is equal to 4.83% of the company’s total share capital.

Mitsotakis-von der Leyen Meeting in Davos
English Edition |

Mitsotakis-von der Leyen Meeting in Davos

PM also sits down for conversation with Foreign Policy editor-in-chief Ravi Agrawal

Standard & Poor’s (S&P) Upgrades Mytilineos to BB+
English Edition |

Standard & Poor’s (S&P) Upgrades Mytilineos to BB+

The Rating House says Mytilineos is supported by robust performances in the energy sector. The EBITDA is projected to be in the range of €900 million to €1 billion in 2023, up from €854 million in 2022

PM Kyriakos Mitsotakis Meets with Intel, Google Execs at WEF Forum in Davos
English Edition |

PM Kyriakos Mitsotakis Meets with Intel, Google Execs at WEF Forum in Davos

During the meetings, discussions revolved around the investment opportunities offered by Greece, the country's comparative advantages, and its economic performance, characterized by high growth rates consistently surpassing the European average

Prices for Property Sales and Rent on the Rise
English Edition |

Prices for Property Sales and Rent on the Rise

The average sought-after rental price for properties in Greece recorded an 8.8% uptick in the 4th quarter of 2023

ECB head Christine Lagarde: Interest Rates to Fall
English Edition |

ECB head Christine Lagarde: Interest Rates to Fall

In this context, they emphasize that those who do not intend to explore their luck in alternative forms of savings/investment over the next two years and have surplus liquidity would do well to hurry and lock in their interest rates until 2026

Eurobank: Six-fold Oversubscription of New Tier 2 Bond
English Edition |

Eurobank: Six-fold Oversubscription of New Tier 2 Bond

Book-building closed with a 6.25% coupon and a yield of 6.375%

Greek National Fund (HCAP) Posts Record Profits for 2022
English Edition |

Greek National Fund (HCAP) Posts Record Profits for 2022

The Fund, whose mission is to maximize the value of public assets by boosting the profitability of its subsidiaries and enhancing revenue and investments, said its net profits after taxes reached €67 billion, marking a massive 116% increase compared to 2021, the largest since its establishment in 2016

EU Adopts Greenwashing Law to Combat Misleading Product Marketing
English Edition |

EU Adopts Greenwashing Law to Combat Misleading Product Marketing

The new law was overwhelmingly approved by the European Parliament and aims to protect consumers from misleading marketing and the "early obsolescence" of products

Eurozone: Greece Champion in Food Prices in December
English Edition |

Eurozone: Greece Champion in Food Prices in December

The greatest percentage increase was recorded in the price of olive oil, despite Greece being the third-largest producer in the entire Eurozone

PM Mitsotakis at WEF: “Greece Plans to Become Energy Exporter”
English Edition |

PM Mitsotakis at WEF: “Greece Plans to Become Energy Exporter”

The Greek PM will later meet with stakeholders on the sidelines of the WEF to promote the Greek economy

Tourism: Norwegians Vote for Greece in 2024
English Edition |

Tourism: Norwegians Vote for Greece in 2024

The Norwegian preference for Greece was further validated at the international tourism exhibition Reiselivsmessen/Travelxpo 2024, which took place last month in Oslo

Greek Coffee May Help You Live Longer
English Edition |

Greek Coffee May Help You Live Longer

Apart from its rich, earthy flavor, scientists are increasingly exploring the potential health benefits of the beverage

Nationwide Rallies, School Occupations by Opponents of Non-State Unis
English Edition |

Nationwide Rallies, School Occupations by Opponents of Non-State Unis

Student associations along with educators' unions hold rallies around Greece against draft law

The Top 10 Destinations Greeks Searched in 2023
English Edition |

The Top 10 Destinations Greeks Searched in 2023

Rome held the top spot in preferences for most months of 2023, except for May, July, September, October, and November when London took a slight lead

Greece Has Highest Antimicrobial Resistance Mortality Rate
English Edition |

Greece Has Highest Antimicrobial Resistance Mortality Rate

Each year 2,100 people in Greece die due to antimicrobial resistance, meanwhile the country posts the highest consumption of antibiotics in Europe

JP Morgan ‘Bullish’ on Greek Assets – Overweight Recommendation on ASE
English Edition |

JP Morgan ‘Bullish’ on Greek Assets – Overweight Recommendation on ASE

The bank cautions anyone expecting to acquire positions in Greece at low prices may be disappointed, as strong investment demand is evident, particularly in the demand for Greek assets

Turkish Minister Refers to Exploration in Disputed Waters
English Edition |

Turkish Minister Refers to Exploration in Disputed Waters

If the announcement materializes, it would be the first direct back-tracking by the Erdogan administration amid a recent rapprochement between Greece and Turkey

Health Ministry to Establish Seven Univ. Health Centers in 2024
English Edition |

Health Ministry to Establish Seven Univ. Health Centers in 2024

Primary objectives include providing high-quality healthcare to citizens and establishing teaching hubs for medical professionals

Greek FM Gerapetritis Meets With Egyptian President El-Sisi in Cairo
English Edition |

Greek FM Gerapetritis Meets With Egyptian President El-Sisi in Cairo

The talks revolved around matters of bilateral and regional interest with a focus on the crisis in the Middle East, according to diplomatic sources

Capital Economics: Greece to Shine in Eurozone Over Next 2 Years
English Edition |

Capital Economics: Greece to Shine in Eurozone Over Next 2 Years

The Capital Economics report predicts the Eurozone’s GDP will contract in the 4th quarter of 2024 with the bloc’s economy gradually experiencing a slight recovery as interest rates fall and real incomes rise

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