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OT |

English Edition

Eurostat: Inflation Rate in Greece at 2.9% in Nov.; Food Prices up 6.9%
English Edition |

Eurostat: Inflation Rate in Greece at 2.9% in Nov.; Food Prices up 6.9%

Annual inflation rate in the Eurozone at 2.4% last month

Bloomberg: Greece Considering Bond Issues of up to 10bln€ in 2024
English Edition |

Bloomberg: Greece Considering Bond Issues of up to 10bln€ in 2024

Athens reportedly aims to take advantage of the country's recently restored investment grade rating

Greek Economy Best in World in Economist’s 2023 Performance Rankings
English Edition |

Greek Economy Best in World in Economist’s 2023 Performance Rankings

Based on The Economist's analysis, grounded in five economic and financial indicators (inflation, "inflation breadth," GDP, employment, and stock market performance), Greece maintains its lead in economic performance among 35 primarily affluent nations for the current year

Greek Road Tax Fees Deadline Possibly Extended, Minister Says
English Edition |

Greek Road Tax Fees Deadline Possibly Extended, Minister Says

"Our goal is to avoid continuous extensions and move towards a system that is stable so that extensions are not needed", the Minister Theocharis said

BoG Governor Again Cautions Over Excessive Tax Breaks, Debt
English Edition |

BoG Governor Again Cautions Over Excessive Tax Breaks, Debt

He was speaking last week at the annual OT Forum in Athens

First FSRU Vessel Arrives Off Alexandroupolis; Full Operation in 1Q 2024
English Edition |

First FSRU Vessel Arrives Off Alexandroupolis; Full Operation in 1Q 2024

Vessel will be connected with a high-pressure subsea pipeline that will subsequently link with an overland pipeline delivering natural gas to final consumers in Greece, Bulgaria, Romania, North Macedonia, Serbia, and in the future, Moldova and Ukraine.

2024 state budget passes in Greek Parliament
English Edition |

2024 state budget passes in Greek Parliament

The 2024 budget passed 158-142 in the 300-member Parliament.

Mitsotakis: Draft Budget Increases Citizens’ Disposable Income
English Edition |

Mitsotakis: Draft Budget Increases Citizens’ Disposable Income

Taking to social media referred to draft 2024 budget, hooligan violence and govt initiatives

Eurostat: Greece 2nd-last in GDP per Capita
English Edition |

Eurostat: Greece 2nd-last in GDP per Capita

The figures reveal significant disparities among EU countries concerning GDP per capita

EYDAP Prepares to Make Acquisitions in Water and Sewerage Sector
English Edition |

EYDAP Prepares to Make Acquisitions in Water and Sewerage Sector

Acquisitions outside of the company’s traditional region of operation will be made possible by the Greek government’s continued restructuring of the sector

OTE Group CEO, Chairman Tsamaz to Step-Down Next June
English Edition |

OTE Group CEO, Chairman Tsamaz to Step-Down Next June

Nebis is currently the CEO of Hrvatski Telekom, the biggest telecoms group in Croatia and another majority-owned (53%) subsidiary of Deutsche Telekom Europe B.V.

SEV: Ten Practical Steps for Digital Security in Businesses
English Edition |

SEV: Ten Practical Steps for Digital Security in Businesses

Emphasizing the critical importance of cybersecurity for enterprises, the announcement highlights that a breach in a company's digital security affects its people, operations, legal obligations, assets, reputation, and even its network of collaborators

176 Billion Euro Gap Threatens European Real Estate Market
English Edition |

176 Billion Euro Gap Threatens European Real Estate Market

The CBRE report assessing the potential deficit from 2024 to 2027 highlights how property values have shrunk, exacerbating the challenge of refinancing

Greece: Deadline for Payment of Vehicle Road Tax December 31
English Edition |

Greece: Deadline for Payment of Vehicle Road Tax December 31

The same deadline applies for those wishing to decommission their vehicle

Two Greek Women in Lloyd’s 2023 ‘Top 10 in Ship Finance’
English Edition |

Two Greek Women in Lloyd’s 2023 ‘Top 10 in Ship Finance’

Eurobank’s Maria Christina Margelou and Marina Hadjipateras from TMV were included in the prestigious list

NBG Exec Karamouzis: Greece has Returned to Major Investors’ ‘Sights’
English Edition |

NBG Exec Karamouzis: Greece has Returned to Major Investors’ ‘Sights’

Karamouzis spoke during a panel on “Large projects transforming Greece” at the 25th annual Capital Link Invest in Greece Forum in New York City

OT FORUM: Mytilineos Announces Major Contract for UK Subsea Power ‘Superhighway’
English Edition |

OT FORUM: Mytilineos Announces Major Contract for UK Subsea Power ‘Superhighway’

Mytilineos group chairman and CEO Evangelos Mytilineos spoke at the first day of the OT Forum in Athens

Undersea Cable to Connect Israel’s Grid with Europe
English Edition |

Undersea Cable to Connect Israel’s Grid with Europe

The EU has labeled the 2,000-MW project an “electricity highway” connecting the three countries’ national grids via a high-voltage direct current (HVDC) submarine cable.

Electricity Prices: New Tariffs on the Horizon – Which Benefit Consumers?
English Edition |

Electricity Prices: New Tariffs on the Horizon – Which Benefit Consumers?

Mr. Aivaliotis emphasized that social tariffs are continuing as usual. "Support for the vulnerable continues," he underscored, noting provisions even for those using electric heating.

Hellenic Food Authority (EFET): Irregularity Found in 15% of Olive Oils
English Edition |

Hellenic Food Authority (EFET): Irregularity Found in 15% of Olive Oils

The rise in irregularities and adulteration threatens the integrity of the olive oil market, impacting consumer trust and the efforts of genuine producers committed to quality.

Technology: Global Giants arrive in Greece—Investments and next steps
English Edition |

Technology: Global Giants arrive in Greece—Investments and next steps

Location plus economic and political stability lure tech giants to Greece

Youth Pass applications extended until December 12: Greek Prime Minister
English Edition |

Youth Pass applications extended until December 12: Greek Prime Minister

Young people taxed in Greece and who have turned 18 or 19 are eligible to apply

Second Grid-Connecting Greece-Turkey Power Line Eyed for 2029
English Edition |

Second Grid-Connecting Greece-Turkey Power Line Eyed for 2029

The new power line will run for 130 kilometers, of which 70 will be in Greece.

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