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OT |

English Edition

SSM, SRB Heads Received by Greek PM, BoG Gov., Bank Reps
English Edition |

SSM, SRB Heads Received by Greek PM, BoG Gov., Bank Reps

De-investment in Greece’s four systemic banks by the Hellenic Financial Stability Fund (HFSF) through public offerings was also discussed

Greek Pharma Sector Faces Challenges Amid Drug Shortages
English Edition |

Greek Pharma Sector Faces Challenges Amid Drug Shortages

An aging population and economic constraints contribute to a strained Greek National Healthcare System (ESY), appearing insufficient in meeting the demands of the times

Goldman Sachs Forecasts ATHEX General Index to Reach 1,550pt at End of 2024
English Edition |

Goldman Sachs Forecasts ATHEX General Index to Reach 1,550pt at End of 2024

The previous forecast by the firm on the Greek Stock Exchange was 1,375, with Goldman Sachs reiterating its prior estimation of an 8% rise in earnings per share (EPS) for Greece

ELSTAT: Dec. 2023 Inflation Up by 3.5% from Nov. 2023 – Down 0.5% from Dec. 2022
English Edition |

ELSTAT: Dec. 2023 Inflation Up by 3.5% from Nov. 2023 – Down 0.5% from Dec. 2022

This data confirms recent figures released by the European Statistical Authority (Eurostat), according to which inflation saw a spike in both Greece and the Eurozone as a whole in December

Boehringer Ingelheim: New 120 million euro Investment in Greece
English Edition |

Boehringer Ingelheim: New 120 million euro Investment in Greece

The biopharmaceutical company announced an investment of 120 million euros to expand and upgrade its plant in the Attica region, adding 110 new jobs

Aegean Airlines Announces Record-Breaking Seat Figures for 2023
English Edition |

Aegean Airlines Announces Record-Breaking Seat Figures for 2023

 The airline cited 11.1 million seats for international destinations, up 2.2 million up from 2022, and said its traffic reached 9.2 million passengers, up 29% from the previous year.

Provisions for Environmental Protection, Development in Public Beach Draft Bill
English Edition |

Provisions for Environmental Protection, Development in Public Beach Draft Bill

Draft legislation aims to establish a clear legal framework that strikes a balance between effectively protecting coastlines, as an environmental element, while not hindering economic development

ECB: Greeks 22,5% Poorer Compared to 2009
English Edition |

ECB: Greeks 22,5% Poorer Compared to 2009

A positive reversal was recorded after the end of the COVID pandemic lockdowns as Greek households witnessed a substantial rise in wealth to €798.8 billion in the 2nd quarter of 2023, with property largely accounting for the wealth uptick

Greek Property Owners Boost Short-Term Rental Market
English Edition |

Greek Property Owners Boost Short-Term Rental Market

The trend is reinforced by the positive reviews given by visitors to accommodations, especially in areas like Polygono, the First Cemetery of Athens vicinity, Hellenorossi, and Zappeion

ECB: Greeks 22,5% Poorer Compared to 2009
English Edition |

ECB: Greeks 22,5% Poorer Compared to 2009

A positive reversal was recorded after the end of the COVID pandemic lockdowns as Greek households witnessed a substantial rise in wealth to €798.8 billion in the 2nd quarter of 2023

Greek Tanker Boarded by “Unauthorized” Military in Gulf of Oman
English Edition |

Greek Tanker Boarded by “Unauthorized” Military in Gulf of Oman

The tanker was reportedly loading crude oil off Basra, Iraq and was heading for Aliaga, Turkey to a refinery.

‘Hot Chips’ Featured in TikTok Craze Recalled by EFET
English Edition |

‘Hot Chips’ Featured in TikTok Craze Recalled by EFET

The chips were found to have dangerously high levels of chilli pepper, a component that has been linked to the death of a 14-year-old in the U.S. who was participating in the TikTok "Hot Chip Challenge"

Greek State Launches Digital Platform for Arrears Certificates
English Edition |

Greek State Launches Digital Platform for Arrears Certificates

As was announced by the competent authorities, the new service will operate complementarily and does not replace the established obligation of "servicers" - an organization that collects debt payments on behalf of a lender

Mitsotakis: Bid for F-35s Mature, Athens Expects US Approval Soon
English Edition |

Mitsotakis: Bid for F-35s Mature, Athens Expects US Approval Soon

The Greek premier spoke during a wide-ranging interview on Wednesday evening carried by state broadcaster ERT

Greek PM Mitsotakis: We Intend to Table Draft Law to ‘Legislate Equality in Marriage’
English Edition |

Greek PM Mitsotakis: We Intend to Table Draft Law to ‘Legislate Equality in Marriage’

His interview ended a brief period of speculation on whether he would proceed with the contentious initiative

Alpha Finance: Substantial Upside Potential for Motor Oil Share
English Edition |

Alpha Finance: Substantial Upside Potential for Motor Oil Share

Alpha Finance maintained a “buy” recommendation for the stock

Mother in North-Central Greece Charged in Infant Son’s Beating Death
English Edition |

Mother in North-Central Greece Charged in Infant Son’s Beating Death

The woman has been arrested and will appear before an investigating magistrate on Friday in the city of Veria

Greeks Report Over 30 Cases of Financial Violations Daily
English Edition |

Greeks Report Over 30 Cases of Financial Violations Daily

In the first two months of operation of the new complaints platform by IAPR, over 2,000 reports were filed related to tax and customs violations and corruption, the majority of which were filed under anonymity

Greece: Gov’t Announces Latest Measures to Curb Surging Food Prices
English Edition |

Greece: Gov’t Announces Latest Measures to Curb Surging Food Prices

Higher costs of living, especially 'biting' prices on supermarket shelves, has emerged as a priority for the Mitsotakis government to handle and deflect criticim

Educators’ Unions Announce Work Stoppage Against Non-State Uni Bill
English Edition |

Educators’ Unions Announce Work Stoppage Against Non-State Uni Bill

Although taking an official stand on the looming reform, participation in such strikes by public school educators is usually very low

Survey: Employers in Greece Face Difficulty in Finding Skilled Staff
English Edition |

Survey: Employers in Greece Face Difficulty in Finding Skilled Staff

Country in 'top 4' worldwide, along with Japan, Germany and Israel

ELSTAT: Industrial Production Up by 3.1% in Nov. 2023
English Edition |

ELSTAT: Industrial Production Up by 3.1% in Nov. 2023

The index of other manufacturing activities experienced the largest percentage decrease, while the index of the sector manufacturing electronic computers, electronic and optical products marked the highest percentage increase in November 2023 compared to October 2023.

PM Mitsotakis: “Greece is not a Banana Republic”
English Edition |

PM Mitsotakis: “Greece is not a Banana Republic”

The PM chaired a cabinet meeting on Wedensday where he presented a series of measures to control profiteering

The Champions in Profits and Price Hikes
English Edition |

The Champions in Profits and Price Hikes

However, supermarkets and department stores saw a decline in EBITDA profits by 9.06% to a 613.3 million euros in 2022 compared to 674.5 million euros in 2021, as this sector had experienced unprecedented profits during the pandemic period of 2020-2021

Food Inflation Rocketed in Greece in Nov. 2023
English Edition |

Food Inflation Rocketed in Greece in Nov. 2023

Furthermore, the "household baskets" that the government invented to supposedly check market prices have not been effective in controlling revaluations.

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