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OT |

English Edition

Greece’s Surging Second-Hand Market
English Edition |

Greece’s Surging Second-Hand Market

According to a recent market survey by Focus Bari/YouGov, roughly one in two consumers in Greece has already purchased an item from a retailer specializing in second-hand goods, mostly clothing.

Top Greek Banker Hardouvelis: High Inflation, Interest Rates for Another Decade
English Edition |

Top Greek Banker Hardouvelis: High Inflation, Interest Rates for Another Decade

Speaking at the annual Hellenic Finance and Accounting Association conference this month in Athens, Hardouvelis, a former Greek finance minister, nonetheless declared the biggest problem facing Greece to be population decline

Greece Facing Labor Shortage; Both Skilled, Unskilled Employees Sought
English Edition |

Greece Facing Labor Shortage; Both Skilled, Unskilled Employees Sought

According to a recent survey 82% percent of employers asked in the first quarter of 2023 reported difficulties finding human resource talent

Bild: The Greek Miracle, and the Remaining ‘Thorns’
English Edition |

Bild: The Greek Miracle, and the Remaining ‘Thorns’

The German mass media outlet includes statements from Greek PM Kyriakos Mitsotakis, who said the country has turned a new chapter

Public and Private Sector New Salary Scheme
English Edition |

Public and Private Sector New Salary Scheme

Civil Servants will get an extra 70 euro increase while private sector employees will see a rise in the minimum wage by spring 2024

OT FORUM – Minister Skrekas, Texan CEO Mourgos: Greece Now an Investment-Friendly Destination
English Edition |

OT FORUM – Minister Skrekas, Texan CEO Mourgos: Greece Now an Investment-Friendly Destination

Green growth, investments and Greece as an attractive investment destination discussed, along with specter of inflation

Lampsa Group, Intracom Agree to Increase Stake in Regency Casino
English Edition |

Lampsa Group, Intracom Agree to Increase Stake in Regency Casino

The specific casino remains the sole such gaming entity in the wider Athens-Piraeus area

Construction of Cable Section for Crete-Cyprus Interconnector Begins
English Edition |

Construction of Cable Section for Crete-Cyprus Interconnector Begins

The cable section specifically refers to the Crete-Cyprus interconnection, marking the first significant step in the contract signed last July, according to IPTO

Eurobarometer: 80% Greeks Cannot Pay Bills
English Edition |

Eurobarometer: 80% Greeks Cannot Pay Bills

In response to the same question, 62% of citizens in other EU member states state they face no problems paying bills, 28% say they encounter challenges occasionally, 9% report frequent financial management issues, and 1% did not respond

Henry Dunant to Acquire Euromedica Hospitals
English Edition |

Henry Dunant to Acquire Euromedica Hospitals

This new conglomerate is set to employ over 2,500 individuals, boasting more than 1,380 secondary care beds nationwide.

Competition Commission Issues Massive Fines Against Greek Banks for Excessive Fees
English Edition |

Competition Commission Issues Massive Fines Against Greek Banks for Excessive Fees

Just as eyebrow-raising is a 1.55-million-euro fine against the Hellenic Bank Association

Ellinikon: Building of Hard Rock Hotel & Casino in Athens Starts
English Edition |

Ellinikon: Building of Hard Rock Hotel & Casino in Athens Starts

It is a one-of-a-kind Integrated Tourist Resort in Europe, a joint venture by GΕΚ ΤΕRΝΑ and Hard Rock International

Cost of Christmas Table Expected to Increase by Up to 11.4% this Year
English Edition |

Cost of Christmas Table Expected to Increase by Up to 11.4% this Year

It's essential to note that the price range reflects variations in product quality, encompassing diverse local markets and different types of stores. Moreover, the reported prices serve as indicators, attempting to outline the general price distribution and market overview

DEOPEL: Severe Consequences for Table Olives Due to Lack of Field Workers
English Edition |

DEOPEL: Severe Consequences for Table Olives Due to Lack of Field Workers

Expressing hope for further reforms, DEOPEL underscores the necessity for the government to tackle the chronic issue of migrant field labor shortage urgently

Tourism: The Greek Regions Contributing Most to GDP
English Edition |

Tourism: The Greek Regions Contributing Most to GDP

The leaders are the Southern Aegean, accounting for 27% of revenues, Crete with 21%, Attica with 17%

Corporate Sustainability Reporting Requirement Kicks in From 2024
English Edition |

Corporate Sustainability Reporting Requirement Kicks in From 2024

From the new year, the reporting requirement will apply to most companies already filing NFRD, and will gradually extend to capture almost all EU and non-EU companies by 2028

Greek Real Estate Market: Dual Dynamics with Foreign Capital Influx
English Edition |

Greek Real Estate Market: Dual Dynamics with Foreign Capital Influx

According to the provisional report on the Monetary Policy by the Bank of Greece (BoG), expectations for the near future remain cautiously positive, influenced by key factors such as international developments, high inflation, increased interest rate

PPC and Intrakat Group Announce Major Renewable Energy Partnership
English Edition |

PPC and Intrakat Group Announce Major Renewable Energy Partnership

According to the agreement, the Intrakat Group is set to transfer six operational and under-development RE projects to DEI Renewables, totaling approximately 164 MW

Greek Tax Bureau To Incorporate AI Into All Processes
English Edition |

Greek Tax Bureau To Incorporate AI Into All Processes

AADE eyes projects funded by Recovery and Resilience Fund to harness AI technologies, other advanced data analysis tools for 'intelligent' cross-checking

Global Downing of X (Twitter) Impacts Millions of Users
English Edition |

Global Downing of X (Twitter) Impacts Millions of Users

The cause of the downing is currently unknown and inspired the trend #TwitterDown

Red Sea: $35 Billion Cargo Diverted Amidst Recent Events
English Edition |

Red Sea: $35 Billion Cargo Diverted Amidst Recent Events

For Europe, Maersk, among the companies diverting from the Red Sea, expects delays lasting from two to four weeks

International Hotel Group Reports Upsurge in Greek Tourist Activity
English Edition |

International Hotel Group Reports Upsurge in Greek Tourist Activity

The Meliá Hotels International (MHI) chain has observed a surge in tourist bookings for 2023 compared to the previous year, indicating a notable increase in travel interest in the country.

DBRS Revises Greek GDP Growth to 1.3% in 2024, Down From 2.2%
English Edition |

DBRS Revises Greek GDP Growth to 1.3% in 2024, Down From 2.2%

On the “upside”, DBRS said unemployment is expected to decrease below the 10%-threshold in 2024, continuing to fall in 2025 to ease to roughly 9.3%.

Eurostat: Inflation Rate in Greece at 2.9% in Nov.; Food Prices up 6.9%
English Edition |

Eurostat: Inflation Rate in Greece at 2.9% in Nov.; Food Prices up 6.9%

Annual inflation rate in the Eurozone at 2.4% last month

Bloomberg: Greece Considering Bond Issues of up to 10bln€ in 2024
English Edition |

Bloomberg: Greece Considering Bond Issues of up to 10bln€ in 2024

Athens reportedly aims to take advantage of the country's recently restored investment grade rating

Greek Economy Best in World in Economist’s 2023 Performance Rankings
English Edition |

Greek Economy Best in World in Economist’s 2023 Performance Rankings

Based on The Economist's analysis, grounded in five economic and financial indicators (inflation, "inflation breadth," GDP, employment, and stock market performance), Greece maintains its lead in economic performance among 35 primarily affluent nations for the current year

Τελευταίες Ειδήσεις

Κλιματική αλλαγή: Τουλάχιστον 6,6 εκ. περιβαλλοντικοί πρόσφυγες το 2023
Εκατομμύρια περιβαλλοντικοί πρόσφυγες το 2023 - Οι επιπτώσεις από την κλιματική αλλαγή Ανακοίνωσε το «Κίνημα Δημοκρατίας» ο Στέφανος Κασσελάκης - Η ιδρυτική διακήρυξη Διαβάστε στο Βήμα της Κυριακής: Ο πόλεμος στην «κρίση» των πυραύλων PM Mitsotakis on TikTok on ‘Gigabit Voucher’ Program
Ευρώπη: Γιατί αντιμετωπίζει ήδη την επόμενη ενεργειακή της κρίση
Η Ευρώπη αντιμετωπίζει ήδη την επόμενη ενεργειακή της κρίση «Ένα Νέο Παραγωγικό Πρότυπο – “Ελλάδα 2030”» – Το 4ο OT FORUM έρχεται… Presidential Decree Downgrading Art School Degrees in Question Έκλεισε 70 χρόνια η Ελίν και μπαίνει σε μια νέα εποχή - Η ανάγκη για ενεργειακή μετάβαση
Ελλάδα: Οι επιπτώσεις από το πιο θερμό καλοκαίρι εδώ και 40 χρόνια
Το πιο μεγάλο, καυτό καλοκαίρι στην Ελλάδα - Τι συνέβη στις θάλασσες το 2024 Γεμίζουν τις αποθήκες με... παρμεζάνα στις ΗΠΑ - Ο Τραμπ φοβίζει τους Ιταλούς τυροκόμους Πυροσβεστική: Προσοχή σε απόπειρες εξαπάτησης για οικονομικές συναλλαγές Stormy Winds and Thunderstorms, as Cold Snap Hits Greece
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

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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