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OT |

English Edition

Greece: Next Round of Subsidies to Target Emissions
English Edition |

Greece: Next Round of Subsidies to Target Emissions

The next tranche of Greek government aid for citizens to help them reduce energy costs at home through the program "Save 2024" is expected to be launched in the second half of 2024 and will also target emissions.

EP Passes New Rules Tackling Industrial and Livestock Pollution
English Edition |

EP Passes New Rules Tackling Industrial and Livestock Pollution

The new rules aim to reduce harmful emissions from industrial installations and pig and poultry farms, and to improve transparency over the licensing, operation and control of such installations

Axel Voss: The AI Act is an important step forward with many question marks
English Edition |

Axel Voss: The AI Act is an important step forward with many question marks

Axel Voss, the main EPP negotiator on the AI Act sees it is an important step but with many question marks on the practical application

Greek PM Announces ‘Supreme Cooperation Council’ with Egypt
English Edition |

Greek PM Announces ‘Supreme Cooperation Council’ with Egypt

The leaders agreed on the establishment of the Supreme Cooperation Council as part of strengthening the countries' strategic relations

Moody’s Maintains Greece a Notch Below Investment Grade, at Ba1
English Edition |

Moody’s Maintains Greece a Notch Below Investment Grade, at Ba1

S&P, Fitch Ratings, DBRS Morningstar and Scope Ratings have already restored country to investment 'territory' since 2023

Greek Ag Minister on Reduction of Production Costs
English Edition |

Greek Ag Minister on Reduction of Production Costs

Minister Lefteris Avgenakis responded to a tabled Parliament question by a main opposition SYRIZA MP

Bank of Greece: Economic Growth of 2.3% in 2024 and 2.5% in 2025
English Edition |

Bank of Greece: Economic Growth of 2.3% in 2024 and 2.5% in 2025

Investments and private consumption are expected to be the key drivers of economic activity in the coming years

ELSTAT: Construction Production Index Records 11.6% Annual Increase
English Edition |

ELSTAT: Construction Production Index Records 11.6% Annual Increase

However, this growth rate is notably lower compared to the significant surge of 31.1% witnessed during the corresponding period of 2022 over 2021.

Feb. State Budget 9.1% Tax Revenue Surplus
English Edition |

Feb. State Budget 9.1% Tax Revenue Surplus

The primary surplus on a modified cash basis amounted to 3.401 billion euros, compared to a target primary surplus of 1.981 billion euros

Fraport Greece: 13.5% Rise in Passenger Traffic
English Edition |

Fraport Greece: 13.5% Rise in Passenger Traffic

According to official data from Fraport Greece, in February 636,866 passengers were handled compared to 558,903 last year, with all airports showing positive growth

PPC FiberGrid: FO Connections to Reach 1.7M Homes by 2025
English Edition |

PPC FiberGrid: FO Connections to Reach 1.7M Homes by 2025

PPC FiberGrid selected areas based on factors, such as population coverage and the lack of Fiber to the home (FTTH) infrastructure

Govt’s Beach Bill: Protecting Public Access and Accountability
English Edition |

Govt’s Beach Bill: Protecting Public Access and Accountability

With this app, citizens can access the beach area diagram and report any violations, such as unauthorized occupation or exceeding of the lease, directly.

BoG Gov. Stournaras Cites Reasons for Greek Econ ‘Success Story’
English Edition |

BoG Gov. Stournaras Cites Reasons for Greek Econ ‘Success Story’

Nevertheless, influential central banker tells LSE audience that pending issues remain in order to upgrade economy's long-term competitiveness

ELSTAT: Industry Import Prices Drop by 6.4% in January
English Edition |

ELSTAT: Industry Import Prices Drop by 6.4% in January

However, despite this decline, the general index showed a positive trajectory, surging by 1.7% in January 2024 compared to December 2023

Association of Alcoholic Beverage Companies Calls for 30% Reduction in Excise Tax
English Edition |

Association of Alcoholic Beverage Companies Calls for 30% Reduction in Excise Tax

It is noted that from 1998 until today, the taxation on alcoholic beverages in Greece has increased a total of eight times, with four increases occurring within the period of 2009-2010, leading to a 125% increase in the excise tax coefficient on alcoholic beverages.

NielsenIQ: How Islands Impact Retail Growth Trends in Greece
English Edition |

NielsenIQ: How Islands Impact Retail Growth Trends in Greece

The islands play a pivotal role in driving growth for various product categories, especially during the summer.

Bank of Greece Governor: ECB Must Cut Rates Before Summer
English Edition |

Bank of Greece Governor: ECB Must Cut Rates Before Summer

The Bank of Greece Governor says the ECB should not be swayed by the US Federal Reserve and must cut rates at least twice before summer

Gastrade Exec: New Alexandroupolis FSRU to Operate in April
English Edition |

Gastrade Exec: New Alexandroupolis FSRU to Operate in April

Technical Director George Kopanakis spoke at the East Macedonia & Thrace Forum ΙΙ Forum

Greek PL’s Dominance in Domestic Yogurt Market-Exports Surging
English Edition |

Greek PL’s Dominance in Domestic Yogurt Market-Exports Surging

Greek yogurt exports nearly tripled from 2014 to 2020, with a significant growth rate of 188.25% and an average annual rate of 20.54%.

Titan Cement Posts Record Growth in 2023
English Edition |

Titan Cement Posts Record Growth in 2023

The group's sales hit new highs for the third year in a row, posting 11.6% growth to reach €2,547 million, boosted by the US and Europe

Alter Ego Media CEO Ioannis Vrentzos Says ‘East Macedonia & Thrace Forum II’ a Catalyst for Change in Region
English Edition |

Alter Ego Media CEO Ioannis Vrentzos Says ‘East Macedonia & Thrace Forum II’ a Catalyst for Change in Region

According to Mr. Vrentzos: "the goal of the conference is to demonstrate how feasible it is to transform Eastern Macedonia and Thrace into an energy hub"

Greek Businesses Can Now Apply for Funding for Energy Efficiency Upgrades
English Edition |

Greek Businesses Can Now Apply for Funding for Energy Efficiency Upgrades

The program will be funded through the Recovery and Resilience Fund (RRF)and has a budget of €176.75 million

IT Sector Has Highest Recruitments in Greece
English Edition |

IT Sector Has Highest Recruitments in Greece

The encouraging outlook in the IT sector is contrasted by a rather damp hiring outlook on average in the country for the second quarter of 2024

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