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OT |

English Edition

ELSTAT: Greek Primary Surplus Reaches 1.9% of GDP in 2023
English Edition |

ELSTAT: Greek Primary Surplus Reaches 1.9% of GDP in 2023

Greek debt saw a slight dip to 356.7 billion euros by the end of 2023, down from 356.8 billion euros a year prior

Study: Greece in Top 5 Hotel Investments in Europe
English Edition |

Study: Greece in Top 5 Hotel Investments in Europe

As previously reported by OT, more than 60 hotel projects are set to be developed in Greece over the next four years

GEOAXIS Report: Office Rents Surge by 40% in Ten-Year Span
English Edition |

GEOAXIS Report: Office Rents Surge by 40% in Ten-Year Span

Geoaxis estimates that the different dynamics in the office market will continue into 2024/2025, predicting stability for older offices, increased demand for renovated spaces, and a slowdown in the rise of rents for modern, green offices

Greece: ‘Godparents’ Basket’ Debuts Today
English Edition |

Greece: ‘Godparents’ Basket’ Debuts Today

As part of the program, Greek retailers are obliged to identify the lowest prices of certain categories of products traditionally purchased as Easter gifts by godparents for their godchildren between April 22 until May 4

Brain Waste in Greece: 22.74% of Migrants Overqualified for Jobs
English Edition |

Brain Waste in Greece: 22.74% of Migrants Overqualified for Jobs

Almost half of all college-educated migrants in Europe are overqualified for their jobs and twice as likely as natives to be unemployed, according to Lighthouse Reports

AB Vassilopoulos Supermarket Vies for 2nd Place in Greek Market
English Edition |

AB Vassilopoulos Supermarket Vies for 2nd Place in Greek Market

AB Vassilopoulos hopes its focus on its private label, addition of 2-3 company supermarkets and another 50 franchises will help it surpass LIDL

Greek Youth Struggle Amidst Low Wages and Soaring Expenses
English Edition |

Greek Youth Struggle Amidst Low Wages and Soaring Expenses

Furthermore, 52.7% of respondents attribute Greece's current significant issues to governmental failure, while another 49.1% anticipate continued economic hardship in the nation's future

S&P Raises Greece Outlook to ‘Positive’; Rating Unchanged
English Edition |

S&P Raises Greece Outlook to ‘Positive’; Rating Unchanged

The same international ratings agency in October 2023 raised the country’s creditworthiness to BBB- with a stable outlook

Number of Turkish Visitors to Greek Islands up 10-Fold After 7-Day Express Visa
English Edition |

Number of Turkish Visitors to Greek Islands up 10-Fold After 7-Day Express Visa

More than 20,000 Turkish tourists flocked to the eastern Aegean isles during a nine-day religious period in the neighboring country

Greece to Protect 198 ‘Untouchable Beaches’
English Edition |

Greece to Protect 198 ‘Untouchable Beaches’

These beaches, numbering 198 across the country, fall within the Natura 2000 network and will be off-limits for concession and, by extension, for the placement of umbrellas, sunbeds, etc.

BoG: Feb. Current Account Deficit up by 1.8bln
English Edition |

BoG: Feb. Current Account Deficit up by 1.8bln

At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).

Greece Becoming a ‘Refuge’ for German Pensioners
English Edition |

Greece Becoming a ‘Refuge’ for German Pensioners

The government's policies to attract foreign property buyers to boot the economy is working, reports German newspaper Handelsblatt

Iran Activates Air Defense System- Reports of Attack by Israel
English Edition |

Iran Activates Air Defense System- Reports of Attack by Israel

An Iranian official said explosions reported by Iran's media were the result of the activation of the country's air defense system, yet media reports attribute them to a drone attack by Israel

Poll: Greeks, EU Citizens Eager to Vote in European Elections
English Edition |

Poll: Greeks, EU Citizens Eager to Vote in European Elections

EU citizens are eager to vote in the upcoming elections for the European Parliament in June, with eight in 10 saying the current geopolitical situation makes voting imperative

Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13
English Edition |

Mitsotakis-Erdogan Meeting in Ankara Fixed for May 13

The Greek PM himself made the announcement from Brussels on Thursday, while he also responded to a question on Athens' intent to create a marine park in the central Aegean, an environmental initiative

Greece Aims to Boost Energy Capacity, Economy with Offshore Wind Farms
English Edition |

Greece Aims to Boost Energy Capacity, Economy with Offshore Wind Farms

Greece’s Energy Ministry is pushing legislation to accelerate the construction of the first floating wind farms in Greek seas

Reuters: Greek Economy Surges After Decade of Pain
English Edition |

Reuters: Greek Economy Surges After Decade of Pain

Nevertheless, the article also highlights some of the challenges facing the country, with a falling birthrate and labor shortages posing a threat to the long-term outlook

IMF: Greek Growth in 2024 at 2%; Debt to Ease to 158.8% of GDP This Year
English Edition |

IMF: Greek Growth in 2024 at 2%; Debt to Ease to 158.8% of GDP This Year

Projected consumer prices are forecast to rise by 2.7%

Major Increase in Russian Natgas Imports by Greece in 1Q 2024
English Edition |

Major Increase in Russian Natgas Imports by Greece in 1Q 2024

Russian state natgas exporter Gazprom dominated imports to the country, mostly through the overland pipeline entering via a northern frontier pipeline

Lamda Development Announces First Profitable Year for The Ellinikon Project
English Edition |

Lamda Development Announces First Profitable Year for The Ellinikon Project

The ATHEX-listed developer reported 206 million euros in EBITDA for FY23, a 69%-percent increase from 2022 results

Europa Nostra Adds Sifnos, Serifos, Folegandros to Most Endangered List
English Edition |

Europa Nostra Adds Sifnos, Serifos, Folegandros to Most Endangered List

Europa Nostra says three Greek islands are at risk due to surge in tourism development and rampant construction

EU Cracks Down on Social Media Influencers Making Illegal Profits
English Edition |

EU Cracks Down on Social Media Influencers Making Illegal Profits

A recent EU inquiry uncovered 358 online influencers, among them 20 in Greece, found to be violating consumer laws

Greek PM Announces €2 Billion Decarbonization Fund for Greek Islands
English Edition |

Greek PM Announces €2 Billion Decarbonization Fund for Greek Islands

Greece bolstered its drive for a greener economy with the launch of a €2 Billion Decarbonization Fund for the Greek islands

ot.gr | Ταυτότητα

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Διευθύντρια Σύνταξης: Αργυρώ Τσατσούλη

Ιδιοκτησία - Δικαιούχος domain name: ΟΝΕ DIGITAL SERVICES MONOΠΡΟΣΩΠΗ ΑΕ

Νόμιμος Εκπρόσωπος: Ιωάννης Βρέντζος

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Ηλεκτρονική διεύθυνση Επικοινωνίας: ot@alteregomedia.org, Τηλ. Επικοινωνίας: 2107547007

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