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OT |

English Edition

BoG Gov. Stournaras Optimistic Greek Econ Growth Will Outpace Eurozone
English Edition |

BoG Gov. Stournaras Optimistic Greek Econ Growth Will Outpace Eurozone

Central banker underscored the significance of leveraging available European funds, particularly the Recovery and Resilience Facility (RRF) in strategic sectors of the economy

Weather Forecast: January 26th
English Edition |

Weather Forecast: January 26th

Sunny weather, but not for long

Athens Int’l Airport Jumps to 9th Spot in Europe
English Edition |

Athens Int’l Airport Jumps to 9th Spot in Europe

The airport is estimated to serve around 43.7 million passengers by 2023, approaching its 50 million passenger capacity limits, with projections indicating an increase to 28.2 million passengers in 2023

“Fewer people are leaving Greece, but they’re the most capable you have”
English Edition |

“Fewer people are leaving Greece, but they’re the most capable you have”

Demographics, coupled with the brain drain, is a problem for Europe, the former US Treasury Secretary and former Harvard President tells TA NEA

Winter Sales: Lots of Window-shopping but Few Transactions
English Edition |

Winter Sales: Lots of Window-shopping but Few Transactions

The squeeze on household spending means Greeks are only reaching into their pockets for absolute necessities and low cost items

Greece’s Climate Resilience Tax on Tourists in Effect this Season
English Edition |

Greece’s Climate Resilience Tax on Tourists in Effect this Season

The level of the fee depends upon the time of year tourists will visit and the category of hotel or accommodation they stay at

Survey: Income of 60% Greeks Suffices for 19 Days of Month
English Edition |

Survey: Income of 60% Greeks Suffices for 19 Days of Month

The annual survey conducted by the Institute of Economic and Industrial Research (IME-GSEVEE) the research body of the Institute, sheds light on the financial struggles Greek households were facing in 2023

IRIS: Over 100,000 New Registrations in December
English Edition |

IRIS: Over 100,000 New Registrations in December

Plumbers, doctors, lawyers, taxi operators, merchants, car repair shops, and kiosks provide their customers with the ability to pay through their mobile phones, even for the smallest transactions, without getting involved with IBAN and POS

IMF Foresees Marginal Improvement in Greek Economy
English Edition |

IMF Foresees Marginal Improvement in Greek Economy

The IMF predicts a real GDP growth of 2.3% in 2023 (revised from the previous 2.5%) and 2.1% in 2024 (revised from 2%)

Over 50% of Properties Sold in Halkidiki Go to Foreign Investors
English Edition |

Over 50% of Properties Sold in Halkidiki Go to Foreign Investors

As emphasized by Tsigaras the Bulgarians are the big spenders with investors from Israel seeking to purchase lower priced properties with aim to renovate and sell at a higher price making a lucrative profit.

EU Sets Cash Payment Limit of €10,000 to Combat Money Laundering
English Edition |

EU Sets Cash Payment Limit of €10,000 to Combat Money Laundering

The plan was announced last week but must still get support from the European Council and pass through the European Parliament

PPC Plans to Expand to Bulgaria, End Use of Lignite 2 yrs Early
English Edition |

PPC Plans to Expand to Bulgaria, End Use of Lignite 2 yrs Early

The announcement was made by the President and CEO of PPC, George Stasis at Capital Markets Day in London

Turkey Approves Sweden’s NATO Bid; Only Hungary Remains
English Edition |

Turkey Approves Sweden’s NATO Bid; Only Hungary Remains

Out of 346 deputies voting, 287 voted in favor and 55 against, with four lawmakers abstaining

JP Morgan: ‘Long’ Position on Greek 10Y Bonds
English Edition |

JP Morgan: ‘Long’ Position on Greek 10Y Bonds

It should be recalled that the American investment bank had initially recommended a long position in Greek 10-year bonds in December (18/12)

Greek Authorities Slap Baby Formula Company with €561,000 Fine for Profiteering
English Edition |

Greek Authorities Slap Baby Formula Company with €561,000 Fine for Profiteering

After thorough audits of a bevy of product codes, it was determined by the market watchdog that the aforementioned company had violated nine codes, including exceeding the permitted limits of baby formula profit margins set by Greek legislation

Last-Minute Change in Postal Vote Bill Envisioning Nat’l Elex Application Sours Opposition
English Edition |

Last-Minute Change in Postal Vote Bill Envisioning Nat’l Elex Application Sours Opposition

The draft law had previously garnered the support, in principle, of main opposition SYRIZA and third-party PASOK before last-minute amendment

Greek Antiquities Return to Greece from the United States
English Edition |

Greek Antiquities Return to Greece from the United States

All three share a common element, they are products of illegal excavations trafficked by antiquities smugglers before ending up in the Carlos Museum

Economist Event in Athens Focuses on Global Economy in 2024; Challenges Facing Shipping
English Edition |

Economist Event in Athens Focuses on Global Economy in 2024; Challenges Facing Shipping

Former US treasury secretary Larry Summers was joined in a panel discussion by Jerry Kalogiratos, CEO of Capital Product Partners, and Angeliki Frangou, CEO of Navios Maritime Partners

Five Goods Greek Consumers Refuse to Cut Down on
English Edition |

Five Goods Greek Consumers Refuse to Cut Down on

As Stavros Kafounis, the president of the Athens Chamber of Commerce, points out, retail – excluding the sectors of food, automobiles, and fuels – "achieved" the target of 11 billion euros set for the sales of the fourth quarter of 2023, with store owners expressing satisfaction

Greek Gov Takes Measures to Reduce Waitlists for Surgeries at Public Hospitals
English Edition |

Greek Gov Takes Measures to Reduce Waitlists for Surgeries at Public Hospitals

Waiting time has already been reduced by 40-45% just through basic housekeeping actions

Hellenic Revenue Service Steps Up Battle Against Tax Evasion
English Edition |

Hellenic Revenue Service Steps Up Battle Against Tax Evasion

Citizens' complaints about tax evasion and customs violations have increased sharply and total 158,939

7+1 Changes in Employment and Benefits
English Edition |

7+1 Changes in Employment and Benefits

The possibility of employment is extended to the sixth day of the week in businesses operating continuously, implementing a five-day work system with alternating shifts, with additional work compensated at a 40% increase.

U.S. Ambassador George Tsunis Says Greece Transforming into Energy Hub in Balkans
English Edition |

U.S. Ambassador George Tsunis Says Greece Transforming into Energy Hub in Balkans

The top U.S. diplomat attended the Economist's conference "THE WORLD AHEAD 2024: ATHENS GALA DINNER," Monday evening in Athens

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