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OT |

English Edition

Renowned Greek Composer Mimis Plessas Dies at 99
English Edition |

Renowned Greek Composer Mimis Plessas Dies at 99

Greek Prime Minister Kyriakos Mitsotakis bid farewell to the composer in his own post on X, writing, "A leading composer, remarkable scientist, and kind soul has left us.

Olive Oil Prices Set to Fall as 2024 Supply Improves
English Edition |

Olive Oil Prices Set to Fall as 2024 Supply Improves

“According to estimates, this year’s olive production will reach between 220,000 and 230,000 tons,” George Oikonomou, SEVITEL General Manager told AMNA

Exhibition ‘Stoa 01’ Transforms Historic Athens Market on Sat.
English Edition |

Exhibition ‘Stoa 01’ Transforms Historic Athens Market on Sat.

The exhibition will run until October 12 during regular store hours. Visitors can access the arcade via the nearby Panepistimio or Omonοia metro stations.

Metron Analysis: Androulakis Lead in PASOK Elex; No Change in Parties’ Strength
English Edition |

Metron Analysis: Androulakis Lead in PASOK Elex; No Change in Parties’ Strength

In extrapolating the vote, ruling ND reaches 29.2%, higher than the actual figure it received in last June’s European Parliament election, 28.3%. PASOK at 17.2%

Bank of Greece Launches Cybersecurity Campaign
English Edition |

Bank of Greece Launches Cybersecurity Campaign

Be alert regarding unusual behavior or situations (e.g., “too-good-to-be-true” offers, urgent requests for money, suspicious activity on your bank account or card).

GEK Terna Seals Attiki Odos Concession With 3.27 bln€ Payment
English Edition |

GEK Terna Seals Attiki Odos Concession With 3.27 bln€ Payment

The 3.27 billion euros for the 25-year concession is the largest such consideration ever received by Greece's privatization fund, HRADF

Green Energy – Govt Designates 23 Areas for Offshore Wind Farms
English Edition |

Green Energy – Govt Designates 23 Areas for Offshore Wind Farms

The concession plan involves a series of steps for investors interested in taking part in the call to tender

PNO Strike: Greece’s Passenger Ferries Stay at Dock October 22-23
English Edition |

PNO Strike: Greece’s Passenger Ferries Stay at Dock October 22-23

The Panhellenic Seamen's Federation (PNO) is demanding wage increases and better working conditions, pointing to rising company profits that aren't shared with workers. This follows a similar strike by 45,000 U.S. dockworkers.

Eurobarometer: Europeans Concerned About Rising Cost of Living, What Greeks Say
English Edition |

Eurobarometer: Europeans Concerned About Rising Cost of Living, What Greeks Say

The protection of peace and strengthening of security ranks very high (45%), in Greece, followed by improved cooperation between Greece and other EU countries (36%)

UBS Remains ‘Bullish’ on Greece for Rest of 2024
English Edition |

UBS Remains ‘Bullish’ on Greece for Rest of 2024

In its report, UBS posits that Greece is on course to achieve a 2.5% GDP forecast in 2024, notwithstanding weak Eurozone indicators such as the purchasing managers index (PMI), and Income from operations (IFO)

Attiki Odos Motorway Toll Rates to Drop Starting Oct. 6
English Edition |

Attiki Odos Motorway Toll Rates to Drop Starting Oct. 6

Toll rates for car drivers using the Attiki Odos motorway will drop to 2.50 euros from 2.80 euros at midnight Oct. 5.

Real Estate: The Prospects for Residential Development in the Greek Market
English Edition |

Real Estate: The Prospects for Residential Development in the Greek Market

The scale of residential developments varies depending on the area. Different needs and infrastructures exist in regional cities, Thessaloniki, Patras, Heraklion, and each municipality in Athens

Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending
English Edition |

Prinos CO2: EU Approves €150M for CCS Project, Final OK Pending

So far, the CO2 storage capacity at Prinos has been confirmed at 1million tons annually, with indications showing that it could accommodate up to 3 million tons per year in full development

Over 1,000 New Traffic Cameras to be Installed in Athens
English Edition |

Over 1,000 New Traffic Cameras to be Installed in Athens

1,800 new cameras are soon expected around Attica to monitor crime and particularly traffic violations

Alexandroupolis FSRU Unit Starts Commercial Operation
English Edition |

Alexandroupolis FSRU Unit Starts Commercial Operation

The project is considered an essential piece of a greater plan for the region that will create a ‘Vertical Corridor’ to improve the energy security of central and southeast Europe

August 2024 Jobless Rate in Greece at 9.4%: ELSTAT
English Edition |

August 2024 Jobless Rate in Greece at 9.4%: ELSTAT

The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.

ELSTAT Highlights Greek Demographic Problem in Report
English Edition |

ELSTAT Highlights Greek Demographic Problem in Report

Total births in 2023 amounted to 71,455, a 6.1% drop compared to 2022, when there were 76,095 births

EU Launches Infringement Process against Greece, 16 Other States for Failing to Implement CSRD
English Edition |

EU Launches Infringement Process against Greece, 16 Other States for Failing to Implement CSRD

The member-states in question now have two months to respond and complete their transposition

Inflation: 3% in Greece in September – 1.8% in the Eurozone
English Edition |

Inflation: 3% in Greece in September – 1.8% in the Eurozone

At the same time, the consumer price index in the Eurozone increased by 1.8% during the same month (down from 2.2% in Aug.), falling below the European Central Bank's (ECB) target of 2%.

Trio of SE Europe Ministers Call for EU Action to Address Surging Power Prices
English Edition |

Trio of SE Europe Ministers Call for EU Action to Address Surging Power Prices

The energy ministers of Greece, Bulgaria and Romania said sharp price hikes in SE Europe's wholesale power markets last summer wer due to external factors

Greece to Sell 10% Stake in National Bank as Part of Banking Sector Privatization
English Edition |

Greece to Sell 10% Stake in National Bank as Part of Banking Sector Privatization

This means that Greece could raise up to 727.2 million euros from the sale

ELSTAT: Retail Trade in Greece Slightly Down in July
English Edition |

ELSTAT: Retail Trade in Greece Slightly Down in July

The concerning figures come in spite of the summer sales by retailers, as consumers are trying to make ends meet due to the rising cost of living

Austria’s Far Right FPO Wins General Elections
English Edition |

Austria’s Far Right FPO Wins General Elections

The projected victory highlights the electorate shift in Europe toward hard right parties caused largely by rising concerns over immigration levels.

New Labor Market Characteristics and Changes Revealed in ECB Report
English Edition |

New Labor Market Characteristics and Changes Revealed in ECB Report

60 % of the companies admitted that attracting skilled employees has become more difficult due to wage levels

Greece Plans New Early Debt Repayment for 2025
English Edition |

Greece Plans New Early Debt Repayment for 2025

This subsequent debt repayment is expected to be completed by Sept. 2025, with an amount of at least 5 billion euros

PM Mitsotakis Highlights GSI Project Securing Europe’s Energy, in Weekly Review
English Edition |

PM Mitsotakis Highlights GSI Project Securing Europe’s Energy, in Weekly Review

Mitsotakis highlighted that the increase in interconnections among European countries’ networks is a critical factor in promoting the green transition

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