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OT |

English Edition

Over 60% Greeks Own a First Home, 39% a 2nd Home: European Report
English Edition |

Over 60% Greeks Own a First Home, 39% a 2nd Home: European Report

The responses from 20,000 European adults who participated in the “RE/MAX European Housing Trend Report 2024,” conducted by Opinium Research for RE/MAX Europe, highlight the evolving expectations for residential spaces

Europe’s Economic Outlook Brightens, But Caution Remains, Says Citigroup
English Edition |

Europe’s Economic Outlook Brightens, But Caution Remains, Says Citigroup

Citi forecasts a slight increase in growth from 0.8% in 2024 to 1% this year, with further acceleration slightly above potential in 2026-27.

Greece Fast-Tracks Chevron’s Offshore Entry, Eyes Third Player
English Edition |

Greece Fast-Tracks Chevron’s Offshore Entry, Eyes Third Player

Chevron has formally expressed interest in the offshore area "South of the Peloponnese" and, as of March 26, also for blocks "South of Crete I" and "South of Crete II."

‘MEGA NEWS’ – MEGA’s New 24-Hour Channel Debuts March 31
English Edition |

‘MEGA NEWS’ – MEGA’s New 24-Hour Channel Debuts March 31

MEGA NEWS will be available via MEGA Play, the website www.megatv.com, and from May 1 on COSMOTE TV

Tax Debt in Greece Surpasses €110 Billion, 23% is Uncollectable
English Edition |

Tax Debt in Greece Surpasses €110 Billion, 23% is Uncollectable

Over 70% of Greece's tax debt is owed by just 9,830 taxpayers, which are mostly large companies.

Goldman Sachs Maintains ‘Buy’ for PPC
English Edition |

Goldman Sachs Maintains ‘Buy’ for PPC

The multinational investment bank and financial services company estimates PPC’s financial results were in line with expectations, with the American investment firm highlighting positive surprises in the execution of the company’s business plan.

Piraeus: Former Tobacco Factory to Become Vibrant Mixed-Use Hub
English Edition |

Piraeus: Former Tobacco Factory to Become Vibrant Mixed-Use Hub

The development will feature 408 fully furnished apartments ranging from 44 to 69 square meters, including open-plan studios and one- or two-bedroom apartments.

Mitsotakis Announces Salary Increases for Armed Forces & Reaffirms Stance on Ukraine
English Edition |

Mitsotakis Announces Salary Increases for Armed Forces & Reaffirms Stance on Ukraine

From Paris, Greek Prime Minister Kyriakos Mitsotakis announced new salary increases for uniformed personnel

PPC: 2024 Goals on Target With EBITDA at 1.8bln€
English Edition |

PPC: 2024 Goals on Target With EBITDA at 1.8bln€

Power utility announces data center 'valley' in western Macedonia of 1 GW, with energy of 2.7 GW

Chevron Eyes New Offshore Blocks South of Crete
English Edition |

Chevron Eyes New Offshore Blocks South of Crete

This development follows Chevron’s recent interest in an offshore area south of the Peloponnese, a move that was reaffirmed today and has already been approved by the ministry.

Greece Announces Minimum Wage Increase to 880 Euros
English Edition |

Greece Announces Minimum Wage Increase to 880 Euros

Prime Minister Kyriakos Mitsotakis announced that Greece’s minimum wage will increase to 880 euros starting on April 1, 2025.

Renewable Energy: Greece Prepares for Easter Grid Strain
English Edition |

Renewable Energy: Greece Prepares for Easter Grid Strain

Greece will hold a meeting to prepare for potential blackouts over Easter, stemming from high renewable energy generation and low demand.

Turkish Tourism Surge Expected as Greece Extends Express Visa
English Edition |

Turkish Tourism Surge Expected as Greece Extends Express Visa

There is growing support for making the program permanent, as it has proven to be a crucial factor in increasing visitor numbers to these islands.

Maritime Industry Leaders join new MIT Maritime Consortium with a mission to drive forward research and development of groundbreaking technologies
English Edition |

Maritime Industry Leaders join new MIT Maritime Consortium with a mission to drive forward research and development of groundbreaking technologies

Maritime Consortium’s Founding Members include the American Bureau of Shipping (ABS), Capital Clean Energy Carriers Corp. and HD Korea Shipbuilding & Offshore Engineering, Innovation Members include Foresight-Group, Navios Maritime Partners, L.P., Singapore Maritime Institute, and Dorian LPG.

Eurobarometer: Inflation, Cost-of-Living Top Greek Concerns
English Edition |

Eurobarometer: Inflation, Cost-of-Living Top Greek Concerns

For Greeks, the EU's push for stronger defense capabilities takes back seat to the need for a focus on addressing the cost-of-living crisis.

African Dust, Rain and Wind Forecast for Greece on Monday
English Edition |

African Dust, Rain and Wind Forecast for Greece on Monday

The Ionian, mainland Greece and the northern Aegean will have clouds, occasional rain and even isolated thunderstorms in some regions.

Donald Trump Hosts Reception for Greek Independence Day
English Edition |

Donald Trump Hosts Reception for Greek Independence Day

The gift to the US President by Archbishop Elpidophoros. Evangelos Marinakis in attendance as a guest of Donald Trump

BoG: Travel Revenues, Arrivals up 7.5%, 11.4% in Jan. 2025, Yoy
English Edition |

BoG: Travel Revenues, Arrivals up 7.5%, 11.4% in Jan. 2025, Yoy

Greece's current account surplus decreased by 784.3 million euros in January 2025 to total one billion euros

Greece to Raise Minimum Wage to €880 in April
English Edition |

Greece to Raise Minimum Wage to €880 in April

The new gross monthly minimum wage is expected to rise by 5% to 6%, reaching approximately €880, in a country where almost half of employees make less than €1,000 per month.

Wall Street’s Outlier: Alafouzos Family, Wall Street Listed Okeanis Eco Tankers and the Continuous ‘Sanctioned’ Russian Oil Tranport
English Edition |

Wall Street’s Outlier: Alafouzos Family, Wall Street Listed Okeanis Eco Tankers and the Continuous ‘Sanctioned’ Russian Oil Tranport

The Alafouzos family, through its New York Stock Exchange-listed company Okeanis Eco Tankers and the privately held Kyklades Maritime, has been systematically involved in transporting Russian crude oil

Road Closures, Traffic Changes in Athens for March 25 Celebrations
English Edition |

Road Closures, Traffic Changes in Athens for March 25 Celebrations

The Hellenic Police have announced a series of traffic regulations affecting key streets and avenues in central Athens on Monday, March 24, and Tuesday, March 25 with adjustments to public transportation routes

Kirsty Coventry Elected First Woman President of the IOC
English Edition |

Kirsty Coventry Elected First Woman President of the IOC

She succeeds Thomas Bach, becoming the 10th president of the IOC, and her leadership will shape the future of the Olympic Games and international sports.

Heathrow Airport Resumes Operations After Major Power Outage
English Edition |

Heathrow Airport Resumes Operations After Major Power Outage

The UK government has temporarily lifted restrictions on overnight flights to help clear the backlog, while Heathrow is focusing on relocating aircraft and restoring normal operations

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