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OT |

English Edition

Major Projects Aim to Restore Athens’ Iconic Commercial Hub
English Edition |

Major Projects Aim to Restore Athens’ Iconic Commercial Hub

A major challenge for returning Stadiou Street to normalcy is the transformation of the Arsakeio Arcade into a multi-purpose space promoting Greek Mediterranean cuisine

Masdar: More Capital Coming to Greece After Terna Energy Deal
English Edition |

Masdar: More Capital Coming to Greece After Terna Energy Deal

Masdar CEO Mohamed Jameel Al Ramahi refers to Abu Dhabi energy group’s strategic deal, by which 'we reinforce our presence in Greece'

Athenians Choose Road Trip Destinations for Pentecost Weekend
English Edition |

Athenians Choose Road Trip Destinations for Pentecost Weekend

Reports indicate hotel bookings for the three-day weekend (June 22 to 24) are already between 75% and 80%

Brisk Sales for Coca-Cola Bottler
English Edition |

Brisk Sales for Coca-Cola Bottler

Coca Cola Tria Epsilon, a subsidiary of the Coca Cola Hellenic Bottling Company (HBC), one of The Coca-Cola Company’s top global anchor bottlers, reported net profits just shy of 44 million euros for 2023, up 65% from 2022. Total revenues for the Greek subsidiary increased by 16.7% reaching 669.4 million euros, up from 573.5 million euros in 2022.

All 13 Crewmembers of Mega-yacht Arrested for Hydra Wildfire
English Edition |

All 13 Crewmembers of Mega-yacht Arrested for Hydra Wildfire

The only forest patch on the otherwise arid isle lying off the east coast of the Peloponnese was allegedly set ablaze by fireworks fired from mega-yacht

Three Potential ‘Nightmares’ Looming over Europe Ahead of the Olympic Games and the Euros
English Edition |

Three Potential ‘Nightmares’ Looming over Europe Ahead of the Olympic Games and the Euros

Climate Change, Terrorism and Hooliganism threaten to cast a dark shadow over the highly anticipated summer of sport

New Arrears to Greek Tax Bureau Total 2.6bln€ in April
English Edition |

New Arrears to Greek Tax Bureau Total 2.6bln€ in April

Total debts - not new arrears - to the Greek state have reached almost 108 billion euros, of which 26.326 billion are now considered as uncollectible

EU Commissioner for Internal Market Breton Tours Elefsina Shipyard
English Edition |

EU Commissioner for Internal Market Breton Tours Elefsina Shipyard

The Elefsina unit, due west of the greater Athens-Piraeus area, recently resumed operation after a high-profile privatization

Greece Expands Digital Work Card to Industry and Retail Sectors
English Edition |

Greece Expands Digital Work Card to Industry and Retail Sectors

Already in use by employees in banks, large supermarkets, insurance companies, security firms, and public utilities, the Digital Work Card aims to safeguard workers' rights

Where Greeks Travel for Pentecost Long Weekend
English Edition |

Where Greeks Travel for Pentecost Long Weekend

Greeks islands and alternative destinations in Europe are on their top 5 list

Athens-Nicosia on High Alert After Hezbollah’s Threats Against Cyprus
English Edition |

Athens-Nicosia on High Alert After Hezbollah’s Threats Against Cyprus

Hassan Nasrallah warned Cyprus during a televised address on Wednesday that it would be targeted if Israel used Cypriot airbases to launch attacks against Lebanon

Forbes Ranks Paros in Top 3 Global Summer Destinations
English Edition |

Forbes Ranks Paros in Top 3 Global Summer Destinations

According to the publication, Paros is currently a quieter alternative to Greece's more touristy islands, but it is rapidly developing and gaining fame

Greece Among Just 8 EU Countries On Track to Reach ESR Targets
English Edition |

Greece Among Just 8 EU Countries On Track to Reach ESR Targets

Twelve EU countries will miss their Effort Sharing Regulation (ESR) climate targets, 7 more are at risk of falling short, and Germany and Italy are performing the worst

Greek Tax Office: Taxpayers in 2.6 billion Arrears in April
English Edition |

Greek Tax Office: Taxpayers in 2.6 billion Arrears in April

Overdue debts to the Greek tax office have risen to 107.057 billion euros, of which 26.326 billion euros are considered uncollectible, resulting in a net debt of 80.731 billion euro

Six-Day Workweek: German RND Lauds the Greeks
English Edition |

Six-Day Workweek: German RND Lauds the Greeks

The publication underscores Greece's acute labor shortage despite its high unemployment rate, second only to Spain in the EU.

Govt Announces Permanent VAT Reductions for Beverages, Taxis
English Edition |

Govt Announces Permanent VAT Reductions for Beverages, Taxis

Reduced VAT rate of 13%, from the maximum 24%, aims to support efforts to stem skyrocketing cost-of-living

AADE Closes Four H&M Stores in Greece for Tax Violations
English Edition |

AADE Closes Four H&M Stores in Greece for Tax Violations

The multinational clothing retailer launched its first Greek store in 2007 in central Athens and currently operates more than 35 stores across 14 cities in Greece.

Over 80% of Greek Houses Uninsured
English Edition |

Over 80% of Greek Houses Uninsured

At the end of 2023, there were 1,159,332 insured residences in the country

250mln euros for Pensioners from Windfall Tax on Refineries
English Edition |

250mln euros for Pensioners from Windfall Tax on Refineries

Greek PM Kyriakos Mitsotakis affirmed the distribution of the money in an interview with Athens-based radio station Real PM, calling the move a “fair and ethically justified” policy

Masdar to Acquire Majority Stake in Greece’s TERNA ENERGY
English Edition |

Masdar to Acquire Majority Stake in Greece’s TERNA ENERGY

The 3.2billion euro deal is the largest energy transaction on the Athens Stock Exchange and one of the largest in the European renewables market

Greek Islands – Where Foreigners Buy Homes
English Edition |

Greek Islands – Where Foreigners Buy Homes

The Cycladic Island of Mykonos and the Ionian Island of Paxos were the priciest destinations to buy a home in May 2024

Energy – Motor Oil Strategic Partnership with PPC on Green Hydrogen
English Edition |

Energy – Motor Oil Strategic Partnership with PPC on Green Hydrogen

The company approved a record 199.4-million-euro dividend distribution to its shareholders, or 1.80 euros per share, in a general meeting to be paid out on Wednesday, July 3rd.

Cost of Bottled Water in Greece to Go Up on July 1
English Edition |

Cost of Bottled Water in Greece to Go Up on July 1

Greeks are paying more for basic goods such as water as inflationary pressures send the cost of living skyward.

Summer Vacation Scams: How to Protect Yourself
English Edition |

Summer Vacation Scams: How to Protect Yourself

One in 33 new domains related to summer vacations, registered in May, was found to be malicious or suspicious

Greek State to Reopen 10-year bond issue on Wed.
English Edition |

Greek State to Reopen 10-year bond issue on Wed.

Bond carries a fixed rate of 3.375%, and with maturity date of June 15, 2034.

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