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OT |

English Edition

Unions Call Nationwide Industrial Strike for Wed.
English Edition |

Unions Call Nationwide Industrial Strike for Wed.

Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted

Yannis Vardinoyannis Assumes Post of Motor Oil Board President
English Edition |

Yannis Vardinoyannis Assumes Post of Motor Oil Board President

He succeeds his father, Vardis, who passed away last week at the age of 91

PM Mitsotakis to Bloomberg: Our Majority Is Stable, Elections To Be Held in 2027
English Edition |

PM Mitsotakis to Bloomberg: Our Majority Is Stable, Elections To Be Held in 2027

"The government has a solid 2.5-year mandate from the people to implement its policies," Mitsotakis stated

Greek Economy Shows Resilience, Consumer Confidence Remains a Challenge
English Edition |

Greek Economy Shows Resilience, Consumer Confidence Remains a Challenge

Therefore, there is need for policy interventions in order to boost demand, stabilize the labor market and support industrial production

Ex-PM Samaras expelled from Ruling ND Party
English Edition |

Ex-PM Samaras expelled from Ruling ND Party

Government spokesman makes the announcement hours after a portion of Samaras' interview with 'To Vima' were released; former PM called for firing of foreign minister

Samaras to ‘Vima’: Support for Karamanlis as Next President
English Edition |

Samaras to ‘Vima’: Support for Karamanlis as Next President

In the Vima article, Ex-premier and ND leader Antonis Samaras also calls for the resignation of FM Gerapetritis, saying he's shown appeasement vis-a-vis Turkish provocations

Year-Long Restriction on Extra Airbnb-type Properties as of Jan 1
English Edition |

Year-Long Restriction on Extra Airbnb-type Properties as of Jan 1

As of Jan. 1, 2025, the state will allow the short-term rental availability of only 3 properties in specific Athens districts - a measure that expires at the end of the year

Turkish FM Fidan Returns to ‘Revisionist Mode’ in TV Appearance
English Edition |

Turkish FM Fidan Returns to ‘Revisionist Mode’ in TV Appearance

Minister Hakan Fidan cites 'more than one problem' in the Aegean needing resolution; quip aimed at domestic audience comes amid significantly improved relations

Civil Defense Warning For Inclement Weather in Central Greece
English Edition |

Civil Defense Warning For Inclement Weather in Central Greece

Notification issued to residents in the central Greece province of Thessaly, the south-central prefecture of Fthiotida, the large island of Evia and the Sporades Island chain

European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024
English Edition |

European Commission’s Outlook for Greece Economy Forecasts 2.1% Growth and 3% Inflation in 2024

By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.

Greek State Budget Primary Surplus at €13.489bln Jan.-Oct. 2024
English Edition |

Greek State Budget Primary Surplus at €13.489bln Jan.-Oct. 2024

A significant part of this surplus is attributed to the receipt of €3.2 billion in October from the new concession agreement for the Attiki Odos

Euroxx Securities Raises Price Targets for Greek Banks
English Edition |

Euroxx Securities Raises Price Targets for Greek Banks

Looking ahead to the next three years, Euroxx predicts that Greek banks will lead in dividend payouts, with distribution yields exceeding 10%.

Greece Hits Lowest OECD Ranking in Living Standards, GDP
English Edition |

Greece Hits Lowest OECD Ranking in Living Standards, GDP

At the same time, Greece's GDP index for the second quarter of 2024, based on OECD data, was only 85.07 points, placing the country again at the bottom.

EFKA to Launch Digital Personal Portfolio for Insured Citizens by End of 2025
English Edition |

EFKA to Launch Digital Personal Portfolio for Insured Citizens by End of 2025

This way, insured individuals can quickly determine their coverage period, any debts, and whether they have valid insurance coverage.

BofA: Greek Banks Becoming More Appealing
English Edition |

BofA: Greek Banks Becoming More Appealing

Bank of America (BofA) recently increased its target prices for several Greek banks, with the target price for Eurobank raised to €2.84 from €2.76.

Internet Users in Greece Rise Exponentially, Survey Suggests
English Edition |

Internet Users in Greece Rise Exponentially, Survey Suggests

Those between the ages of 65 and 74 have shown a high rate of digital engagement, with daily usage over the past five years increasing by 61%.

Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’
English Edition |

Vardis Vardinogiannis: ‘On a Ship’s Bridge You Always Look Forward’

Ten milestones in the half century since the creation of Motor Oil Group, as described by Vardis Vardinogiannis, who passed away on Tuesday at the age of 91

DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts
English Edition |

DBRS Says Greek Banks ‘Shielded’ from ECB Rate Cuts

The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).

Meta Cuts Facebook and Instagram Subscription Fees by 40%
English Edition |

Meta Cuts Facebook and Instagram Subscription Fees by 40%

The social media giant also revealed that it will continue to offer free access to Facebook and Instagram for EU users, provided they agree to see ads based on a limited set of user data.

Skyrocketing Use of Debit, Credit Cards
English Edition |

Skyrocketing Use of Debit, Credit Cards

The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023

JP Morgan Revised Greece Outlook to ‘Overweight’
English Edition |

JP Morgan Revised Greece Outlook to ‘Overweight’

The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.

Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91
English Edition |

Vardis I. Vardinogiannis, Greek Tycoon and Shipping Magnate, Dies at 91

In 1990, Vardinogiannis was targeted in an attack which involved three rockets fired at his vehicle by the terrorist organization 17 November.

Kudos for Greek Sheep’s Milk Cheeses
English Edition |

Kudos for Greek Sheep’s Milk Cheeses

Graviera is the Greek version of the Swiss gruyère, and is generally considered the second most popular cheese made in the country after feta

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