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OT |

English Edition

Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes
English Edition |

Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes

A total of 918 cruise ship arrivals have already been scheduled for 2025, with 714 of them designating Piraeus as their home port

Athens Hotels See Strong Growth in Bookings and Prices
English Edition |

Athens Hotels See Strong Growth in Bookings and Prices

Hoteliers point out that this success is being achieved despite the competition from short-term rental services like Airbnb.

Greece Launches Microfinance Fund to Support Small Businesses
English Edition |

Greece Launches Microfinance Fund to Support Small Businesses

The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.

Study: Greece’s Economic Growth Threatened by Labor Shortages
English Edition |

Study: Greece’s Economic Growth Threatened by Labor Shortages

In its analysis, Capital Economics cites three factors as the reasons why it does not anticipate Greece’s employment significantly increasing in the coming years.

Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement
English Edition |

Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement

Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).

Greek Tax Authorities Target Tax Evasion via Lifestyle Audits
English Edition |

Greek Tax Authorities Target Tax Evasion via Lifestyle Audits

Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.

Giannis Antetokounmpo Invests in AI Video Production Platform
English Edition |

Giannis Antetokounmpo Invests in AI Video Production Platform

The platform, founded in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up distribution to broadcasters, sponsors, and even the athletes themselves

Greece’s Industrial Production Rises 5.8% in December
English Edition |

Greece’s Industrial Production Rises 5.8% in December

For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.

Study Shows Athens Traffic Congestion Up
English Edition |

Study Shows Athens Traffic Congestion Up

On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers

Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
English Edition |

Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System

Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.

Make Europe Great Again in Madrid
English Edition |

Make Europe Great Again in Madrid

Far-right leaders rally in Madrid to 'Make Europe Great Again

Seismologists Cautiously Optimistic as Aegean Earthquake Activity Evolves
English Edition |

Seismologists Cautiously Optimistic as Aegean Earthquake Activity Evolves

Seismologists grow increasingly optimistic as Aegean earthquake activity shows signs of decline

Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity
English Edition |

Earthquakes Continue to Shake the Cyclades, Experts Monitor Declining Activity

Ongoing earthquakes rattle Greece's Cycladic islands, but experts believe activity may be slowing.

Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report
English Edition |

Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report

The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors

Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline
English Edition |

Greek Trade Deficit Surges to €34.6 Billion in 2024 Amid Export Decline

Conversely, numbers indicate that exports declined, totaling to 49.90 billion euros in 2024, down from 51.02 billion euros in 2023 marking a 2.2% decrease.

Culture Ministry Takes Action to Protect Santorini’s Antiquities
English Edition |

Culture Ministry Takes Action to Protect Santorini’s Antiquities

So far, no damage has been reported to the island’s cultural heritage, with exhibits already safeguarded. Meanwhile, the Greek Ministry of Culture held an emergency meeting on February 6.

How Many Tourists Visit Santorini Each Year?
English Edition |

How Many Tourists Visit Santorini Each Year?

As Santorini continues to shake with earthquakes, one big concern is what these quakes will mean for the island’s tourist season.

Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report
English Edition |

Santorini Earthquakes Might Affect Greek Tourism Revenue: NBG Report

The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors

PM Kyriakos Mitsotakis Visits Santorini Amid Ongoing Seismic Activity
English Edition |

PM Kyriakos Mitsotakis Visits Santorini Amid Ongoing Seismic Activity

A top Greek seismologist, who is accompanying the prime minister, will identify locations for the installation of tide gauges, as there were none in the area.

Santorini’s Tourism in Jeopardy: Earthquakes Disrupt Cruise Arrivals
English Edition |

Santorini’s Tourism in Jeopardy: Earthquakes Disrupt Cruise Arrivals

If seismic tremors persist for an extended period, there is a significant risk that the island could lose its Easter tourism season.

New Board of Directors for the Union of Greek Shipowners (UGS)
English Edition |

New Board of Directors for the Union of Greek Shipowners (UGS)

The annual UGS general assembly and the election of a new board concluded on Thursday - Melina Travlos is expected to be re-elected as UGS president

Global Leaders Convene in Paris for Pivotal AI Summit
English Edition |

Global Leaders Convene in Paris for Pivotal AI Summit

Circles close to the presidency of the French Republic, emphasize that the issue of developing artificial intelligence should not evolve into a battleground between the US and China highlighting the "awakening of Europe" regarding AI.

Greece Records 469 Suicides in 2024, Crete and Attica Most Affected
English Edition |

Greece Records 469 Suicides in 2024, Crete and Attica Most Affected

Report highlights alarming suicide trends in Greece, calls for improved mental health support and better reporting

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