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OT |

English Edition

Eurobank flatly denies reports of share capital increase
English Edition |

Eurobank flatly denies reports of share capital increase

Fokion Karavias on Friday was quoted by Bloomberg as categorically denying that the systemic lender was planning a share capital increase.

Staikouras – Eurogroup: Europe must face four challenges after the pandemic
English Edition |

Staikouras – Eurogroup: Europe must face four challenges after the pandemic

Four post-pandemic challenges that Europe must face collectively to achieve high, strong and sustainable growth, create many new jobs and strengthen social cohesion, the finance minister said at the Eurogroup meeting.

Greek retail turnover fell by 4.9% in Q1
English Edition |

Greek retail turnover fell by 4.9% in Q1

Turnover in the first quarter of 2021 amounted to 10.9 billion euros from 11.5 billion euros in the corresponding quarter last year

The helm of the HFSF in Greek hands
English Edition |

The helm of the HFSF in Greek hands

Elias Xirouchakis is the new CEO of the Fund

Lufthansa: Seven new Greek destinations this summer
English Edition |

Lufthansa: Seven new Greek destinations this summer

The program of the 14 regional airports of Fraport Greece is strengthened. Τhe first signs from Greek destinations are encouraging

Pharmaceutical cannabis: American interest in export investments in Greece
English Edition |

Pharmaceutical cannabis: American interest in export investments in Greece

The market value of medical cannabis is expected to reach $ 56 billion by 2028, according to Evan Michailidis, Partner at law firm Duane Morris

Ports should become energy hubs with a priority in the use of RES
English Edition |

Ports should become energy hubs with a priority in the use of RES

"Ports should become energy hubs, where the production, storage and distribution of electricity will coexist," said the secretary general of Energy and Mineral Resources.

Saronikos municipality: Bioclimatic school with almost zero energy consumption
English Edition |

Saronikos municipality: Bioclimatic school with almost zero energy consumption

The school will utilize all possible bioclimatic means aiming at almost zero energy consumption

Cruises: Positive first signs for Greek tourism
English Edition |

Cruises: Positive first signs for Greek tourism

According to the Cruise Lines International Association (CLIA), more than 20 cruise companies have so far scheduled tours across the country

Over 1 million unemployed in April – 570,000 jobless for 12 months
English Edition |

Over 1 million unemployed in April – 570,000 jobless for 12 months

The total number of unemployed receiving benefits for the month of April 2021 amounts to 217,604 people, ie one in about five unemployed

Fire destroys over 4,000 acres of forest and houses in Corinth – Attica
English Edition |

Fire destroys over 4,000 acres of forest and houses in Corinth – Attica

In an emergency briefing, the Deputy Minister of Civil Protection and Crisis Management, Nikos Hardalias, presented the latest data from the front.

An Island De-carbonization Fund is established with 750-800 million euros
English Edition |

An Island De-carbonization Fund is established with 750-800 million euros

This is an untapped amount that came from unallocated emission rights. They will be directed to carbonization actions of the islands, such as "Save" type programs, electrical interconnections, electrification, etc.

Electric interconnections of the Aegean islands bring 2.5 billion of investments in RES
English Edition |

Electric interconnections of the Aegean islands bring 2.5 billion of investments in RES

IPTO submarine cables create room for new photovoltaic and wind turbines with a total capacity of 2.4 GW

Τax Foundation study: Greece has fourth highest tax rates on working people with children
English Edition |

Τax Foundation study: Greece has fourth highest tax rates on working people with children

Ominously, among 36 OECD member-states, Greece places an unenviable fourth place for highest taxation of wage-earners with children, with only Turkey, France and Sweden ahead.

Citigroup forecast for Greek economy: of 4.1% in 2021, 6.5% in 2022
English Edition |

Citigroup forecast for Greek economy: of 4.1% in 2021, 6.5% in 2022

Citigroup economist Giada Giani added, predictably, that a revived tourism sector this week will be felt in the second half of the year, coinciding with the “plentiful” resources from the Union’s recovery fund, (NextGenEU)

Oxford Economics: Greatest NGEU impact on Greece, Italy
English Edition |

Oxford Economics: Greatest NGEU impact on Greece, Italy

Higher private sector investment

TUI: More than 4K holiday-makers from Germany arrived in Greece since Friday aboard 23 flights
English Edition |

TUI: More than 4K holiday-makers from Germany arrived in Greece since Friday aboard 23 flights

TUI said 23 flights landed in Greece since last week carrying its customers.

Long-awaited power grid connection between Crete, Greek mainland finally completed
English Edition |

Long-awaited power grid connection between Crete, Greek mainland finally completed

The first tests were successful, the transmission operator announced.

Fraport announces earlier -than scheduled – renovation of 14 regional airports it manages in Greece
English Edition |

Fraport announces earlier -than scheduled – renovation of 14 regional airports it manages in Greece

According to the Athens-based consortium, led by German multinational Fraport, the works at the regional airports - located in the country's premier holiday destinations - were completed three months before schedule

Minister tours bus, military vehicle plant in Thessaloniki sold to Israeli consortium
English Edition |

Minister tours bus, military vehicle plant in Thessaloniki sold to Israeli consortium

Minister Adonis Georgiadis referred to a successful international tender to privatize the company, while noting that Plasan’s management has already begun to renovate the plant – located in Thessaloniki’s industrial park – and is proceeding with hirings and the development of a business plan

BoG: Greek govt cash balance posts 9.37-bln€ deficit in Jan-Apr 2021
English Edition |

BoG: Greek govt cash balance posts 9.37-bln€ deficit in Jan-Apr 2021

During this same four-month period, ordinary budget revenues reached to 13.746 billion euros, 13.062 billion euros the corresponding period of last year.

Greek PM’s chief econ adviser points to 4 reasons to expect strong recovery in the country
English Edition |

Greek PM’s chief econ adviser points to 4 reasons to expect strong recovery in the country

Alex Patelis used a recent cover in New Yorker magazine, which foreshadows a post-pandemic return to normalcy, to point to a robust economic recovery for Greece

Significant Greek participation in annual Arabian Travel Market convention in Dubai
English Edition |

Significant Greek participation in annual Arabian Travel Market convention in Dubai

Greece’s National Tourism Organization (GNTO) participated in this week’s Arabian Travel Market (ATM) convention in Dubai

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