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OT |

English Edition

Glacier Melt Accelerating at Record Pace Due to Climate Change
English Edition |

Glacier Melt Accelerating at Record Pace Due to Climate Change

Glacier melt is accelerating faster than ever, warns UNESCO, threatening sea levels, water supply, and ecosystems.

Greece Shines as Top Travel Destination for 2025
English Edition |

Greece Shines as Top Travel Destination for 2025

This year, national bookings for the summer are up an average of 8% compared to last year, with prices for new tourism packages rising by 5%

EU Summit: Greece Pushes for Defense Spending Flexibility, Migration Reform
English Edition |

EU Summit: Greece Pushes for Defense Spending Flexibility, Migration Reform

In addition to commenting on defense spending and migration at the end of the EU Summit, the Greek PM voiced concerns over Turkey's democratic backsliding

Greek Banks Outperform Eurozone in Key Financial Metrics
English Edition |

Greek Banks Outperform Eurozone in Key Financial Metrics

The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.

Eurostat: Greek Job Vacancy Rate 4th Last in Eurozone
English Edition |

Eurostat: Greek Job Vacancy Rate 4th Last in Eurozone

Job vacancies, as defined by Eurostat, include positions that must be filled immediately or within a maximum of three months

Moody’s Upgrades Athens City to Baa3
English Edition |

Moody’s Upgrades Athens City to Baa3

“The City of Athens looks toward the future with confidence, reinforced by positive ratings that confirm its steady course,” the statement reads. The global firm raised the rating to Baa3 from Ba1, with a stable outlook, while also upgrading its baseline credit assessment (BCA) to Baa3 from Ba1.

Greek Tourism: Beyond Records, Toward Sustainable Growth
English Edition |

Greek Tourism: Beyond Records, Toward Sustainable Growth

If Greece aims for a 5% share in both markets, combined with overall international tourism growth, the country could see an additional 19 million tourists by 2040.

ELSTAT: Arrivals and Overnight Stays Up 3.6%, 2.7%, Respectively in Jan.
English Edition |

ELSTAT: Arrivals and Overnight Stays Up 3.6%, 2.7%, Respectively in Jan.

According to data from the relevant survey, tourist arrivals at accommodations in January 2025 reached 742,865, while overnight stays totaled 1,656,673. This represents an increase of 3.6% in arrivals and 2.7% in overnight stays compared to the same month in 2024

Greece’s Golden Visa Program Draws Global Investors Seeking Safety
English Edition |

Greece’s Golden Visa Program Draws Global Investors Seeking Safety

Turkish investors follow the Chinese with 1,471 permits, a trend largely attributed to economic instability and political tensions in their country, pushing many to seek alternatives in Greece’s real estate market

Greek Poll Shake-Up: Course of Freedom Rises, ND Maintains Lead
English Edition |

Greek Poll Shake-Up: Course of Freedom Rises, ND Maintains Lead

Nearly half (48.2%) prefer the government to complete its four-year term, while 44.9% favor early elections

PM Mitsotakis Visits Police Crime Directorate
English Edition |

PM Mitsotakis Visits Police Crime Directorate

He was received by Minister of Citizen Protection Michalis Chrysochoidis and the director of a newly-formed unit similar to the FBI, Fotis Douitsis, and was briefed on the activities of the department

Passenger Traffic at Greek Airports Sees 6.1% Increase in Early 2025
English Edition |

Passenger Traffic at Greek Airports Sees 6.1% Increase in Early 2025

Heraklion International Airport in Crete experienced an impressive 30% rise in passenger numbers in February 2025, serving 125,133 travelers compared to 96,267 the previous year

Eurostat: Inflation in Greece at 3% in February
English Edition |

Eurostat: Inflation in Greece at 3% in February

Across the eurozone, annual inflation fell to 2.3% in February 2025 from 2.5% in January, compared to 2.6% recorded a year earlier

Athens’ Southern Suburbs Lead Greece’s Real Estate Boom
English Edition |

Athens’ Southern Suburbs Lead Greece’s Real Estate Boom

The rising demand for properties in Athens’ southern suburbs continues to push prices upward. In 2024, real estate values in the area rose by approximately 7.9%, with forecasts predicting a more moderate 3% increase in 2025.

Food Prices in Greece Surge by 38.97% in Last 15 Years
English Edition |

Food Prices in Greece Surge by 38.97% in Last 15 Years

A study found that while the increase in food prices in Greece is lower than the EU average, sluggish income growth leaves Greek households struggling.

Strong Winds Keep Ships Docked in Greece
English Edition |

Strong Winds Keep Ships Docked in Greece

Travelers are urged to stay informed about weather conditions and potential transportation delays

Mitsotakis: Statute of Limitations on Ministers’ Liability Law to be Axed
English Edition |

Mitsotakis: Statute of Limitations on Ministers’ Liability Law to be Axed

Greek PM made the statement after a recently resigned deputy minister said he wants the courts to hear a case involving the Tempi rail disaster and his alleged offense in the subsequent rescue and salvage operation

IPTO Head: Both We, Greek Govt Knew GSI Wouldn’t be Easy
English Edition |

IPTO Head: Both We, Greek Govt Knew GSI Wouldn’t be Easy

IPTO Managing Director Manousos Manousakis: 'We knew very well that Turkey wouldn't congratulate us for wanting to connect Cyprus with the European network, but specifically with Greece'

Moody’s Upgrades Alpha Bank, Piraeus Bank
English Edition |

Moody’s Upgrades Alpha Bank, Piraeus Bank

Moody’s raised the credit ratings of Alpha Bank and Piraeus Bank to “Baa2” from “Baa3,” while their outlooks have now been revised to stable from positive

Santorini Aims for Rhodes-Style Recovery After Seismic Activity
English Edition |

Santorini Aims for Rhodes-Style Recovery After Seismic Activity

Santorini launches a €1M campaign to revive tourism after months of earthquakes and reassure visitors the island remains a safe destination

The ‘Hot Spots’ in Greece for Holiday Properties
English Edition |

The ‘Hot Spots’ in Greece for Holiday Properties

New holiday home projects are emerging across Crete

Bank of Greece Governor Rules Out 13th and 14th Salaries
English Edition |

Bank of Greece Governor Rules Out 13th and 14th Salaries

Regarding the European Central Bank’s next moves on interest rates, he indicated that he does not foresee significant changes in monetary policy for the time being

Trump-Putin Call on Ending Ukraine War Set for Tuesday
English Edition |

Trump-Putin Call on Ending Ukraine War Set for Tuesday

Trump announces he'll discuss a potential Ukraine-Russia ceasefire with Putin on Tuesday. The U.S. President is cautiously hopeful talks can end the Ukraine war after positive U.S.-Russia negotiations in Moscow.

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