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English Edition

BoG: More Arrivals, Less Travel Remittances in Aug. 2024
English Edition |

BoG: More Arrivals, Less Travel Remittances in Aug. 2024

More arrivals, but less revenues is the verdict by the Bank of Greece (BoG) for this past August in terms of travel remittances from the all-important tourism sector in the country.

Erdogan’s Longtime Rival, Fethullah Gülen, Has Died
English Edition |

Erdogan’s Longtime Rival, Fethullah Gülen, Has Died

Turkish President Recep Tayyip Erdogan blamed the US-based cleric Muhammed Fethullah Gülen for the 2016 attempted coup against the leader.

Surging Gold Sees High Sovereign Liquidation Rate in Greece
English Edition |

Surging Gold Sees High Sovereign Liquidation Rate in Greece

Bank of Greece (BoG) reports nearly 36,000 buy back transactions this year up until the end of September in the country

Heating Oil Prices in Greece Range from €1.16 to €1.39 per Liter
English Edition |

Heating Oil Prices in Greece Range from €1.16 to €1.39 per Liter

In Athens, the average price of heating oil, which became available to the public as of Oct. 15, stands at 1.67 euros per liter, while in Thessaloniki, it is a little higher at 1.77 euros per liter

Homeownership Increasingly Unattainable for Young Greeks
English Edition |

Homeownership Increasingly Unattainable for Young Greeks

Compared to two decades ago, the difficulty of finding housing has risen dramatically, with homeownership rates in Greece plummeting since 2005

S&P Delays Greek Economy’s Credit Review, Keeps Rating at BBB-
English Edition |

S&P Delays Greek Economy’s Credit Review, Keeps Rating at BBB-

Moody’s took a “stricter” stance compared to the other agencies when in Sept. of 2023 it refused to grant Greece the investment grade

The History of Greece’s Tallest Buildings
English Edition |

The History of Greece’s Tallest Buildings

By the end of 2025, the rejuvenated Hilton Athens—now rebranded as "The Ilisian"—will begin a new chapter as an innovative multi-use complex, featuring the Conrad and Waldorf Astoria brands of hotels and residences.

Alonissos Top Pick for Popular French Website
English Edition |

Alonissos Top Pick for Popular French Website

The list also includes Chios, Kythira, Ithaca, Kea, and Patmos

Greece’s Tourism Success Tied to Expanding U.S. and Asian Markets
English Edition |

Greece’s Tourism Success Tied to Expanding U.S. and Asian Markets

Its findings reveal that travelers to these destinations are becoming increasingly demanding, expecting high-quality travel experiences while also seeking authenticity.

Greece to Simplify Procedures for Solar Installations
English Edition |

Greece to Simplify Procedures for Solar Installations

Under the new procedures, businesses no longer need to seek approval from Greece's electricity regulator or obtain an environmental permit as part of the application process for installing solar panels.

HCAA Reports 6.1% Rise in Passenger Traffic January-September
English Edition |

HCAA Reports 6.1% Rise in Passenger Traffic January-September

Regarding domestic and international flights, the total number of passenger arrivals and departures amounted to 9,984,655 in the first nine months of 2024

Greece Tops Europe in Rent Payment Struggles
English Edition |

Greece Tops Europe in Rent Payment Struggles

Families with children are even more affected, with 26.3% of these households struggling to pay rent.

S&P Set for Key Decision on Greek Economy Amid Positive Outlook
English Edition |

S&P Set for Key Decision on Greek Economy Amid Positive Outlook

Last April’s positive outlook issued by the agency lays the groundwork for another potential upgrade.

Greece Tops Europe in Rent Payment Struggles
English Edition |

Greece Tops Europe in Rent Payment Struggles

Families with children are even more affected, with 26.3% of these households struggling to pay rent.

ECB Cuts Interest Rates by 25 Basis Points
English Edition |

ECB Cuts Interest Rates by 25 Basis Points

The Governing Council of the European Central Bank (ECB) decided to cut interest rates by 25 basis points for a third consecutive time.

ELSTAT Revised Greek GDP Growth Upward for 2023
English Edition |

ELSTAT Revised Greek GDP Growth Upward for 2023

GDP at constant prices reached €196.984 billion in 2023, up from €192.495 billion in 2022, ELSTAT said

Child Poverty Declines in Greece, Driven by Economic Improvements
English Edition |

Child Poverty Declines in Greece, Driven by Economic Improvements

The concept of overall or general child poverty consists of two parts, the first is economic poverty and the second part is non-economic poverty.

Heating Allowance: €100 to €1,000 for All Energy Sources
English Edition |

Heating Allowance: €100 to €1,000 for All Energy Sources

The subsidy amount will range from 100 to 1,000 euros, with the same income and eligibility criteria in place as last year.

Greece Ranks Lowest in EU for Economic Freedom, Study Reveals
English Edition |

Greece Ranks Lowest in EU for Economic Freedom, Study Reveals

Within the European Union, Denmark stands out securing the 6th position, globally, with Germany ranking 16th and France 36th

New Insolvency Agency to Allow Debtors to Buy Back Foreclosed Homes Over 12 Years
English Edition |

New Insolvency Agency to Allow Debtors to Buy Back Foreclosed Homes Over 12 Years

The call to tender for selecting an investor to manage the Greek insolvency agency is in its final stage, and binding offers are expected to be submitted within the month.

Greece Last in Investments Relative to GDP in EU, Report Notes
English Edition |

Greece Last in Investments Relative to GDP in EU, Report Notes

A report by the Athens-based Institute for Alternative Policies (ENA) counters the government’s narrative, saying Greece is last in the EU in terms of investments per GDP percentage

Mining Magnate Beny Steinmetz Held in Greece, Court to Decide on Extradition
English Edition |

Mining Magnate Beny Steinmetz Held in Greece, Court to Decide on Extradition

A European arrest warrant has been issued for Steinmetz by Romania, A Greek court must now decide if he will be extradited.

Feta: A Culinary Delight, Just Not for Greek Tables
English Edition |

Feta: A Culinary Delight, Just Not for Greek Tables

A report by the Hellenic Competition Commission reveals a 6% decrease in sales of branded feta products, while many Greek households are turning to more affordable cheese options

New Law for Tips in the Works in Greece – Laws in Other Countries
English Edition |

New Law for Tips in the Works in Greece – Laws in Other Countries

The initiative comes in the wake of widespread reactions sparked by a Supreme Court decision two weeks ago, which ruled that all tips are income and therefore subject to taxation and insurance and healthcare contributions

Heating Oil Subsidy Application to Open Soon
English Edition |

Heating Oil Subsidy Application to Open Soon

Applications for the government subsidy for heating oil payments are expected to open in the coming days.

Trio of Large Greek Isles on CNT’s List for Best Oct. Destinations in Europe
English Edition |

Trio of Large Greek Isles on CNT’s List for Best Oct. Destinations in Europe

Crete makes it to third place on the list, behind the east Mediterranean island republic of Cyprus and the Med’s biggest island, Sicily

Τελευταίες Ειδήσεις

Δύσκολο Σάββατο θα έχει ο Μητσοτάκης, τα αυτογκόλ της κυβέρνησης, μεγαλώνει η οργή στην αγορά, το σήμα της Βιομηχανίας, επιδόσεις από τα… Lidl, η «μονοκαλλιέργεια» της Ελλάκτωρ…
Δύσκολο Σάββατο θα έχει ο Μητσοτάκης, τα αυτογκόλ της κυβέρνησης, μεγαλώνει η οργή στην αγορά, το σήμα της Βιομηχανίας, επιδόσεις από τα… Lidl, η «μονοκαλλιέργεια» της Ελλάκτωρ… Αγεφύρωτο το επενδυτικό κενό - Γιατί αστόχησαν οι προβλέψεις για νέα κεφάλαια Το mega project των 800 εκατ. του Μπορίσοφ στην Ελούντα – To deal με τον Ralph Lauren Motor Oil: Πώς θα χτίσει… «πράσινα» EBITDA 500 εκατ. το 2030
Unilever: Τι συμβαίνει με το σχέδιο αναδιάρθρωσης – Πώς το παγωτό σώζει την παρτίδα
Unilever: Τι συμβαίνει με το σχέδιο αναδιάρθρωσης – Πώς το παγωτό σώζει την παρτίδα Σατολιάς στον ΟΤ: Πώς η φέτα Καλαβρύτων κατέκτησε την πρώτη θέση στα σούπερ μάρκετ Τράπεζες: Το 2026 η επιστροφή των εσόδων στα επίπεδα του 2024 Η «πράσινη» ενέργεια φέρνει τα data centers στην Ελλάδα
IRIS: Με νέο σύστημα οι πληρωμές στον ΕΦΚΑ για ελεύθερους επαγγελματίες
Μέσω IRIS οι πληρωμές στον ΕΦΚΑ για ελεύθερους επαγγελματίες - Η διαδικασία Μέτρα κατά της φοροδιαφυγής: «Σήμα» για νέες μόνιμες μειώσεις φόρων Με ψαλιδισμένο budget το λίφτινγκ στα διατηρητέα κτίρια – «Καμπανάκι» από φορείς Το Bitcoin πάνω από τα 95.000 δολάρια για πρώτη φορά
ΗΠΑ: Πώς η ομάδα Τραμπ επιδιώκει να χαλαρώσει το ρυθμιστικό πλαίσιο για τα αυτόνομα αυτοκίνητα
Πώς ο Τραμπ επιδιώκει να φέρει στα μέτρα του... Μασκ τον νόμο για αυτόνομα αυτοκίνητα Αυξημένες κατά 25% οι κυβερνοαπειλές στο λιανεμπόριο ενόψει της Black Friday Η Μεσόγειος εκπέμπει SOS - Θερμαίνεται ταχύτερα από τον υπόλοιπο κόσμο Ο Ινδός μεγιστάνας Γκαουτάμ Αντάμι κατηγορείται για απάτη στις ΗΠΑ

Τα πυρηνικά της Ελλάδας, το story των ΔΕΗ και ΑΔΜΗΕ, αλλαγή σχεδίων για Prodea, η «ασημένια επένδυση» της ΓΕΚ ΤΕΡΝΑ, οι στηρίξεις του χρηματιστηρίου

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