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English Edition

Factors Impacting High Prices in Greece
English Edition |

Factors Impacting High Prices in Greece

Notably, self-sufficiency in key commodities like beef, pork, cow's milk, and butter remains notably low, ranging from 20% to 60%, underlining the vulnerability of the supply chain

Greeks to Pay Property Tax Earlier in 2024 but in 11 Installments
English Edition |

Greeks to Pay Property Tax Earlier in 2024 but in 11 Installments

In a bid to sustain the construction sector, the Value Added Tax (VAT) on newly constructed properties will maintain its current status quo for an additional year, persisting until the conclusion of 2025

International Chamber of Shipping (ICS): Greek Flag ‘Flies’ High
English Edition |

International Chamber of Shipping (ICS): Greek Flag ‘Flies’ High

The high performance of the Greek flag is evident in all categories, both in terms of the United States Coast Guard and in Europe with the Paris MOU, as well as in Asia based on the Tokyo MOU

IMF Cautions of Possible ‘Bubble’ in Greek Real Estate
English Edition |

IMF Cautions of Possible ‘Bubble’ in Greek Real Estate

In the report, the IMF is also raising some concerns about the Greek banking system, urging Greek authorities to take measures

PPC CEO Stassis: EBITDA Goal by 2026 at 2.3bln Euros
English Edition |

PPC CEO Stassis: EBITDA Goal by 2026 at 2.3bln Euros

Dominant power utility eyes significant foray into consumer goods sector with the purchase of Kotsovolos chain; auto charging network (PPC Blue) and entry into the telecoms market

Greek DM Announces Initiative to Develop, Field Anti-Drone ‘Dome’
English Edition |

Greek DM Announces Initiative to Develop, Field Anti-Drone ‘Dome’

Speaking from the NE border city of Xanthi Minister Nikos Dendias said such system aims to ensure that the armed forces are protected from the 21st century military threat, although no further details were announced

BoG: Private Sector Deposits in Greece Up by 6.376 Bln€ in Dec. 2023
English Edition |

BoG: Private Sector Deposits in Greece Up by 6.376 Bln€ in Dec. 2023

Deposits placed by the general government in In December 2023 decreased by 1.060 billion euros, compared with a decrease of 27 million euros in the previous month

US Approves F-35 Sale to Greece
English Edition |

US Approves F-35 Sale to Greece

The US State Department late Friday notified Congress of the Biden administration’s intent to sell the 5th Generation warplanes to the country, along with new F-16s and modernization kits to Turkey

ING Analysis: Portugal & Greece Lead the Way in Southern Europe Tourism Comeback
English Edition |

ING Analysis: Portugal & Greece Lead the Way in Southern Europe Tourism Comeback

Greece's tourism sector has been growing steadily faster over the last decade, as the number of tourist overnight stays increased by 63% (2013-2023)

Tax Declarations: Automatic Submission for Salaried Employees and Pensioners
English Edition |

Tax Declarations: Automatic Submission for Salaried Employees and Pensioners

Pitsilis disclosed that the E9 form, pertaining to taxpayers engaged in parental benefits and property donations, will be automatically completed through the myProperty platform

Greek PM Pledges to Continue Reforms in Teleconference With JP Morgan’s Jamie Dimon
English Edition |

Greek PM Pledges to Continue Reforms in Teleconference With JP Morgan’s Jamie Dimon

The PM said “It is obviously much easier now”, adding that there was much greater interest from foreign investors in all sectors to invest in Greece.

Approval of F-35 Fighters for Greece a Matter of Time
English Edition |

Approval of F-35 Fighters for Greece a Matter of Time

Regarding the F-35s, government sources reiterate the message conveyed by the Maximos Mansion after the recent meeting between Mitsotakis and Blinken in Chania that “Greece will receive what has been agreed upon as a reliable partner and ally."

Sedentary Work Linked to Death Risk from Heart-Related Causes
English Edition |

Sedentary Work Linked to Death Risk from Heart-Related Causes

The study's findings revealed that individuals primarily engaged in sedentary work faced a higher risk of overall mortality (16%) and cardiovascular disease-related mortality (34%) compared to those with predominantly active roles

Greece Ignored EU’s Calls to Act Against Ministers Linked with Tempi Crash
English Edition |

Greece Ignored EU’s Calls to Act Against Ministers Linked with Tempi Crash

A Politico report shows the European Public Prosecutors Office called on the Greek gov to investigate former Ministers Christos Spirtzis and Konstantinos Karamanlis for alleged criminal offences last June 2, but Parliament chose not to open an investigation

Fin. Min. Kostis Hatzidakis Promotes IRIS on Social Media
English Edition |

Fin. Min. Kostis Hatzidakis Promotes IRIS on Social Media

Hatzidakis notes a significant increase in recorded transactions with professionals having gone up by 300% compared to 2022.

BoG Gov. Stournaras Optimistic Greek Econ Growth Will Outpace Eurozone
English Edition |

BoG Gov. Stournaras Optimistic Greek Econ Growth Will Outpace Eurozone

Central banker underscored the significance of leveraging available European funds, particularly the Recovery and Resilience Facility (RRF) in strategic sectors of the economy

Weather Forecast: January 26th
English Edition |

Weather Forecast: January 26th

Sunny weather, but not for long

Athens Int’l Airport Jumps to 9th Spot in Europe
English Edition |

Athens Int’l Airport Jumps to 9th Spot in Europe

The airport is estimated to serve around 43.7 million passengers by 2023, approaching its 50 million passenger capacity limits, with projections indicating an increase to 28.2 million passengers in 2023

“Fewer people are leaving Greece, but they’re the most capable you have”
English Edition |

“Fewer people are leaving Greece, but they’re the most capable you have”

Demographics, coupled with the brain drain, is a problem for Europe, the former US Treasury Secretary and former Harvard President tells TA NEA

Winter Sales: Lots of Window-shopping but Few Transactions
English Edition |

Winter Sales: Lots of Window-shopping but Few Transactions

The squeeze on household spending means Greeks are only reaching into their pockets for absolute necessities and low cost items

Greece’s Climate Resilience Tax on Tourists in Effect this Season
English Edition |

Greece’s Climate Resilience Tax on Tourists in Effect this Season

The level of the fee depends upon the time of year tourists will visit and the category of hotel or accommodation they stay at

Survey: Income of 60% Greeks Suffices for 19 Days of Month
English Edition |

Survey: Income of 60% Greeks Suffices for 19 Days of Month

The annual survey conducted by the Institute of Economic and Industrial Research (IME-GSEVEE) the research body of the Institute, sheds light on the financial struggles Greek households were facing in 2023

IRIS: Over 100,000 New Registrations in December
English Edition |

IRIS: Over 100,000 New Registrations in December

Plumbers, doctors, lawyers, taxi operators, merchants, car repair shops, and kiosks provide their customers with the ability to pay through their mobile phones, even for the smallest transactions, without getting involved with IBAN and POS

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Τουρισμός: Ζεσταίνονται οι μηχανές για τη νέα χρονιά – Τα μηνύματα
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Και «ζήσαν αυτοί καλά κι εμείς καλύτερα» – Γιατί κινδυνεύουν οι πριγκίπισσες των παραμυθιών
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Στους δρόμους η Νέα Δημοκρατία, τα 3 δισ. της «ασπίδας», η αλήθεια για το καλώδιο Ελλάδας – Κύπρου, τα σχέδια Ξιφαρά, ποιον ξεχωρίζει η JP Morgan, η επέκταση της Dimand

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