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OT |

English Edition

ECB: Greeks 22,5% Poorer Compared to 2009
English Edition |

ECB: Greeks 22,5% Poorer Compared to 2009

A positive reversal was recorded after the end of the COVID pandemic lockdowns as Greek households witnessed a substantial rise in wealth to €798.8 billion in the 2nd quarter of 2023, with property largely accounting for the wealth uptick

Greek Property Owners Boost Short-Term Rental Market
English Edition |

Greek Property Owners Boost Short-Term Rental Market

The trend is reinforced by the positive reviews given by visitors to accommodations, especially in areas like Polygono, the First Cemetery of Athens vicinity, Hellenorossi, and Zappeion

ECB: Greeks 22,5% Poorer Compared to 2009
English Edition |

ECB: Greeks 22,5% Poorer Compared to 2009

A positive reversal was recorded after the end of the COVID pandemic lockdowns as Greek households witnessed a substantial rise in wealth to €798.8 billion in the 2nd quarter of 2023

Greek Tanker Boarded by “Unauthorized” Military in Gulf of Oman
English Edition |

Greek Tanker Boarded by “Unauthorized” Military in Gulf of Oman

The tanker was reportedly loading crude oil off Basra, Iraq and was heading for Aliaga, Turkey to a refinery.

‘Hot Chips’ Featured in TikTok Craze Recalled by EFET
English Edition |

‘Hot Chips’ Featured in TikTok Craze Recalled by EFET

The chips were found to have dangerously high levels of chilli pepper, a component that has been linked to the death of a 14-year-old in the U.S. who was participating in the TikTok "Hot Chip Challenge"

Greek State Launches Digital Platform for Arrears Certificates
English Edition |

Greek State Launches Digital Platform for Arrears Certificates

As was announced by the competent authorities, the new service will operate complementarily and does not replace the established obligation of "servicers" - an organization that collects debt payments on behalf of a lender

Mitsotakis: Bid for F-35s Mature, Athens Expects US Approval Soon
English Edition |

Mitsotakis: Bid for F-35s Mature, Athens Expects US Approval Soon

The Greek premier spoke during a wide-ranging interview on Wednesday evening carried by state broadcaster ERT

Greek PM Mitsotakis: We Intend to Table Draft Law to ‘Legislate Equality in Marriage’
English Edition |

Greek PM Mitsotakis: We Intend to Table Draft Law to ‘Legislate Equality in Marriage’

His interview ended a brief period of speculation on whether he would proceed with the contentious initiative

Alpha Finance: Substantial Upside Potential for Motor Oil Share
English Edition |

Alpha Finance: Substantial Upside Potential for Motor Oil Share

Alpha Finance maintained a “buy” recommendation for the stock

Mother in North-Central Greece Charged in Infant Son’s Beating Death
English Edition |

Mother in North-Central Greece Charged in Infant Son’s Beating Death

The woman has been arrested and will appear before an investigating magistrate on Friday in the city of Veria

Greeks Report Over 30 Cases of Financial Violations Daily
English Edition |

Greeks Report Over 30 Cases of Financial Violations Daily

In the first two months of operation of the new complaints platform by IAPR, over 2,000 reports were filed related to tax and customs violations and corruption, the majority of which were filed under anonymity

Greece: Gov’t Announces Latest Measures to Curb Surging Food Prices
English Edition |

Greece: Gov’t Announces Latest Measures to Curb Surging Food Prices

Higher costs of living, especially 'biting' prices on supermarket shelves, has emerged as a priority for the Mitsotakis government to handle and deflect criticim

Educators’ Unions Announce Work Stoppage Against Non-State Uni Bill
English Edition |

Educators’ Unions Announce Work Stoppage Against Non-State Uni Bill

Although taking an official stand on the looming reform, participation in such strikes by public school educators is usually very low

Survey: Employers in Greece Face Difficulty in Finding Skilled Staff
English Edition |

Survey: Employers in Greece Face Difficulty in Finding Skilled Staff

Country in 'top 4' worldwide, along with Japan, Germany and Israel

ELSTAT: Industrial Production Up by 3.1% in Nov. 2023
English Edition |

ELSTAT: Industrial Production Up by 3.1% in Nov. 2023

The index of other manufacturing activities experienced the largest percentage decrease, while the index of the sector manufacturing electronic computers, electronic and optical products marked the highest percentage increase in November 2023 compared to October 2023.

PM Mitsotakis: “Greece is not a Banana Republic”
English Edition |

PM Mitsotakis: “Greece is not a Banana Republic”

The PM chaired a cabinet meeting on Wedensday where he presented a series of measures to control profiteering

The Champions in Profits and Price Hikes
English Edition |

The Champions in Profits and Price Hikes

However, supermarkets and department stores saw a decline in EBITDA profits by 9.06% to a 613.3 million euros in 2022 compared to 674.5 million euros in 2021, as this sector had experienced unprecedented profits during the pandemic period of 2020-2021

Food Inflation Rocketed in Greece in Nov. 2023
English Edition |

Food Inflation Rocketed in Greece in Nov. 2023

Furthermore, the "household baskets" that the government invented to supposedly check market prices have not been effective in controlling revaluations.

Online Platform Streamlines Property Tax Transfer Transactions
English Edition |

Online Platform Streamlines Property Tax Transfer Transactions

The relevant announcement was made by the Independent Authority for Public Revenue (IAPR) and concerns property registered in regions where the “objective asset value” is in force

German Football Legend Franz Beckenbauer Has Died at 78
English Edition |

German Football Legend Franz Beckenbauer Has Died at 78

The iconic figure in German football achieved the rare feat of winning the World Cup both as a player and coach

Winter Sales: Six Tips for Consumers
English Edition |

Winter Sales: Six Tips for Consumers

The Union of Consumer Workers of Greece advises consumers to be particularly careful so as to avoid falling victim to misleading 'offers.

Minimum Wage Increase: When Will It Reach 950 Euros?
English Edition |

Minimum Wage Increase: When Will It Reach 950 Euros?

Regarding collective labor agreements it is worthy to notice that increases to minimum wages has not affected the so-called ‘middle-wages’, with 80% of employees not having seen any pay rise

Kasselakis Named Person of the Year
English Edition |

Kasselakis Named Person of the Year

A survey showed that Kasselakis came first in preference as person of the year against Prime Minister Mitsotakis

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