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English Edition

Analysis: Causes of Stubborn Inflation in Greece
English Edition |

Analysis: Causes of Stubborn Inflation in Greece

The Greek economy is facing 8 chronic "ailments" fuelling inflation which can be distilled to a mix of Greed for profits by businesses “Greedflation”, dependence on domestic production and consumption on imports, the pandemic, the energy and climate crisis, along with low wages

Car Sales Surge in 2023
English Edition |

Car Sales Surge in 2023

The 130,000-car threshold had not been reached since 2010, the year that saw Greece propelled into a punishing economic crisis and financial downturn.

Food Price Hikes Taking a ‘Bite’ Out of Greek Households’ Budgets
English Edition |

Food Price Hikes Taking a ‘Bite’ Out of Greek Households’ Budgets

The Eurostat data on year-on-year changes in the price of essential food items in the Eurozone and individual member-states reveal an ominous situation for Greek households, compared to the European average and even with products exported by the country.

Tourism: 10 Greece Destinations Among Dutch Favs
English Edition |

Tourism: 10 Greece Destinations Among Dutch Favs

Crete, Samos and Corfu atop the list

Greek PM Mitsotakis Set to Begin Stepped Up 2-Month Int’l Contacts
English Edition |

Greek PM Mitsotakis Set to Begin Stepped Up 2-Month Int’l Contacts

Davos, NYC, Chicago, EU Summit scheduled, with prospect of official visits to New Delhi, Seoul, Canada also cited

Import Price Index in Industrial Sector Falls by 8.6% in Nov.
English Edition |

Import Price Index in Industrial Sector Falls by 8.6% in Nov.

EL.STAT attributed the development to “imported inflation” as well as an 11.6% decrease in the import price index from non-Eurozone countries, and finally, a 2.4% reduction in the Eurozone index.

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

Τελευταίες Ειδήσεις

Ευρωπαϊκός νότος: Υπολογίσιμες πλέον οι οικονομίες Ελλάδας, Ισπανίας, Ιταλίας
Υπολογίσιμες πλέον οι οικονομίες Ελλάδας, Ισπανίας, Ιταλίας - Ο ευρωπαϊκός νότος μπροστά σε μια νέα εποχή Κακοκαιρία- εξπρές με πτώση θερμοκρασίας και χιόνια Πυρ ομαδόν από τον τουρισμό: «Νάρκη» στην επέκταση της σεζόν το τέλος ανθεκτικότητας Στη Βουλή το νομοσχέδιο για τον κατώτατο μισθό - Τι αλλάζει στις αποδοχές
«Ελευθερία»: H ηχηρή επιστροφή της Μέρκελ
H ηχηρή επιστροφή της Μέρκελ - Η αναφορά στην Ελλάδα Μητσοτάκης: «Ήρθε το Gigabit Voucher, αξίας 200 ευρώ» -Ο... Πίνατ και το ίντερνετ Τρεις φορές «σκόνταψε» το ΧΑ μέσα σε έξι μήνες Το double στα κέρδη της Βενέτης και τι φέρνει η εξαγορά των Παγωτών Δωδώνη
Παντοδύναμο το δολάριο ΗΠΑ στην αγορά συναλλάγματος
Παντοδύναμο το δολάριο ΗΠΑ στην αγορά συναλλάγματος Η εργασία και η οργή της «Λεονάρντο ντα Βίντσι»: Ο Κεν Μπερνς για τον άνθρωπο που είχε το μυαλό όλων των ανθρώπων Βουλή: Κατατέθηκε η ευρωπαϊκή Οδηγία για «επαρκείς κατώτατους μισθούς στην ΕΕ»
Τουρκία: Πολυσήμαντη η διείσδυση της Αγκυρας στην Αφρική
Πολυσήμαντη η τουρκική διείσδυση στην Αφρική Η επιλογή Τραμπ για το υπουργείο Οικονομικών - Η σχέση του Σκοτ Μπέσεντ με τον Σόρος e-ΕΦΚΑ – ΔΥΠΑ: Ο «χάρτης» των πληρωμών – Τι γίνεται με τις συντάξεις Μπορεί η ΕΕ να βάλει φρένο στην Temu;

Η στροφή του Μαξίμου, το «πάθος» του Χατζηδάκη, τα ντέρμπι των επιμελητηρίων, γιατί «χτυπιούνται» οι τράπεζες, η «πλάτη» του ΟΠΑΠ, τέλος τα «30άρια» της Attica Bank (;)

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