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English Edition

Prices in Museums and Archeological sites to Increase from the coming Year
English Edition |

Prices in Museums and Archeological sites to Increase from the coming Year

164 archeological sites and the 188 museums of the country welcomed 15.2 million visitors while from those, 85.9% came during the summer season, with estimated revenues up to 119.9 million euros, while the coming year seems to be even more promising

Greece’s Active Population is Aging
English Edition |

Greece’s Active Population is Aging

According to predictions Greece's population decline seems ominous with a long term effect on its labor market

Autohellas: Common Bond Loan Oversubscribed by 2.3 times
English Edition |

Autohellas: Common Bond Loan Oversubscribed by 2.3 times

Autohellas Group is a major car services and trade sector company in Greece with subsidiaries in Portugal, Bulgaria, Cyprus, Romania, Serbia, Montenegro, Croatia, and Ukraine

Weekend Cold Front to Bring Snow, Rough Seas
English Edition |

Weekend Cold Front to Bring Snow, Rough Seas

Greece’s weather service issued an extraordinary bulletin warning of the low barometric front

“Vertical Corridor” Natural Gas Transport Initiative to Connect Ukraine with Greece After MoC Signed
English Edition |

“Vertical Corridor” Natural Gas Transport Initiative to Connect Ukraine with Greece After MoC Signed

This action can further expand with the use of the facilities for renewable gases and hydrogen, highlighting the initiative's potential impact on energy connectivity and diversification in the region

Greek Seaman Cadet on St. Nikolas Tanker Arrives in Athens
English Edition |

Greek Seaman Cadet on St. Nikolas Tanker Arrives in Athens

The junior officer was serving aboard the Marshall Islands-flagged St. Nikolas when it was boarded by Iranian military personnel and diverted to an Iranian port

4.8R Quake Recorded East of Coastal Town of Kymi
English Edition |

4.8R Quake Recorded East of Coastal Town of Kymi

Local seismologists who spoke on the state broadcaster (ERT) said the maritime region where the tremor was pinpointed is not concerning

ELSTAT: 21.8% Increase in Accommodation Turnover in Nov. – Catering Rises to +6.9%
English Edition |

ELSTAT: 21.8% Increase in Accommodation Turnover in Nov. – Catering Rises to +6.9%

However, in terms of percentage, the Regional Unit of the island of Ikaria was the standout performer, as it presented a remarkable increase in the cumulative turnover (accommodations and catering) in November by an astonishing 221.8%!

Mitsotakis Interviews to CNN, Bloomberg TV in Davos (video)
English Edition |

Mitsotakis Interviews to CNN, Bloomberg TV in Davos (video)

The PM said he was certain the same-sex marriage Bill would become Law in February

Greek Businesses to Thrive in 2024 and which to Face Decline
English Edition |

Greek Businesses to Thrive in 2024 and which to Face Decline

According to the market's average estimate, the real GDP in Greece is estimated to have strengthened by 2.3% in 2023, while a growth slowdown to 2.0% is projected for 2024.

Golden Visa: Brits Investing in Greece
English Edition |

Golden Visa: Brits Investing in Greece

As reported the most popular regions for British buyers are Crete, Kefalonia, and Corfu

GEK TERNA Places 6 mln Shares, Seen as Vote of Confidence by Foreign Investors
English Edition |

GEK TERNA Places 6 mln Shares, Seen as Vote of Confidence by Foreign Investors

GEK’s initial intention was to conduct a share placement of 5 million shares, which is equal to 4.83% of the company’s total share capital.

Mitsotakis-von der Leyen Meeting in Davos
English Edition |

Mitsotakis-von der Leyen Meeting in Davos

PM also sits down for conversation with Foreign Policy editor-in-chief Ravi Agrawal

Standard & Poor’s (S&P) Upgrades Mytilineos to BB+
English Edition |

Standard & Poor’s (S&P) Upgrades Mytilineos to BB+

The Rating House says Mytilineos is supported by robust performances in the energy sector. The EBITDA is projected to be in the range of €900 million to €1 billion in 2023, up from €854 million in 2022

PM Kyriakos Mitsotakis Meets with Intel, Google Execs at WEF Forum in Davos
English Edition |

PM Kyriakos Mitsotakis Meets with Intel, Google Execs at WEF Forum in Davos

During the meetings, discussions revolved around the investment opportunities offered by Greece, the country's comparative advantages, and its economic performance, characterized by high growth rates consistently surpassing the European average

Prices for Property Sales and Rent on the Rise
English Edition |

Prices for Property Sales and Rent on the Rise

The average sought-after rental price for properties in Greece recorded an 8.8% uptick in the 4th quarter of 2023

ECB head Christine Lagarde: Interest Rates to Fall
English Edition |

ECB head Christine Lagarde: Interest Rates to Fall

In this context, they emphasize that those who do not intend to explore their luck in alternative forms of savings/investment over the next two years and have surplus liquidity would do well to hurry and lock in their interest rates until 2026

Eurobank: Six-fold Oversubscription of New Tier 2 Bond
English Edition |

Eurobank: Six-fold Oversubscription of New Tier 2 Bond

Book-building closed with a 6.25% coupon and a yield of 6.375%

Greek National Fund (HCAP) Posts Record Profits for 2022
English Edition |

Greek National Fund (HCAP) Posts Record Profits for 2022

The Fund, whose mission is to maximize the value of public assets by boosting the profitability of its subsidiaries and enhancing revenue and investments, said its net profits after taxes reached €67 billion, marking a massive 116% increase compared to 2021, the largest since its establishment in 2016

EU Adopts Greenwashing Law to Combat Misleading Product Marketing
English Edition |

EU Adopts Greenwashing Law to Combat Misleading Product Marketing

The new law was overwhelmingly approved by the European Parliament and aims to protect consumers from misleading marketing and the "early obsolescence" of products

Eurozone: Greece Champion in Food Prices in December
English Edition |

Eurozone: Greece Champion in Food Prices in December

The greatest percentage increase was recorded in the price of olive oil, despite Greece being the third-largest producer in the entire Eurozone

PM Mitsotakis at WEF: “Greece Plans to Become Energy Exporter”
English Edition |

PM Mitsotakis at WEF: “Greece Plans to Become Energy Exporter”

The Greek PM will later meet with stakeholders on the sidelines of the WEF to promote the Greek economy

Tourism: Norwegians Vote for Greece in 2024
English Edition |

Tourism: Norwegians Vote for Greece in 2024

The Norwegian preference for Greece was further validated at the international tourism exhibition Reiselivsmessen/Travelxpo 2024, which took place last month in Oslo

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Τουρισμός: Ζεσταίνονται οι μηχανές για τη νέα χρονιά – Τα μηνύματα
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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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