Greece

English Edition | 20.02.2023 | 20:59

Seismic research for natgas exploration west, southwest of Crete completed

The research was conducted by the Norway-based global geophysical firm PGS, on behalf of concessionaires ExxonMobil and Greek refinery concern Helleniq Energy

English Edition | 15.02.2023 | 21:01

Inflation rate in Greece drops slightly in Jan. 23 from previous month; figure stands at 7%

The same figure for the corresponding month of 2022 was 6.2 percent.

English Edition | 13.02.2023 | 21:48

Greek FinMin points to economy’s resilience, after Commission forecast for 2023, 2024

On the sidelines of a summit of Eurozone FinMins, Staikouras directly cited the Commission’s forecast for Greek GDP growth in 2023 and 2024 above the European average, along with a de-escalation of inflation

English Edition | 12.02.2023 | 23:47

Egyptian leader El-Sisi chairs meeting on ambitious Africa-Europe power interconnection project with Copelouzos group execs

Copelouzos Group is a lead company in a project aimed to construct an undersea cable that will carry 3,000MW of RES electricity from the northern Egyptian coast directly the greater Athens area

English Edition | 09.02.2023 | 08:44

Earthquake in Turkey: Greek humanitarian aid with basic necessities

In order to transport the material and with the aim of reaching the affected people as soon as possible, five flights will be made to the neighboring country with Aegean aircraft.

English Edition | 08.02.2023 | 23:10

George J. Tsunis: An ambassador that “has the ear” of the US President

Nancy Pelosi underlined what she cited as the access that the US ambassador to Greece, Greek-American George Tsunis, has to the White House

English Edition | 06.02.2023 | 20:30

Greek leadership expresses condolences to Turkey over devastating quakes; first rescue unit dispatched

Greek leadership on Monday expressed deep condolences and a willingness to immediately dispatch assistance to earthquake-ravaged southeast Turkey and northwest Syria

English Edition | 03.02.2023 | 22:02

First major snow storm in Greece forecast for weekend

Including the possibility of blizzard-like conditions

English Edition | 02.02.2023 | 23:37

Greece moves up 9 spots in EIU’s Democracy Index; now in 25th place out of 167 countries

The country’s overall score rose to 7.97 last year, up from 7.56 in 2021, which placed Greece in 25th place

English Edition | 01.02.2023 | 14:03

Air force confirms fatality of second pilot of F4 that crashed into sea on Mon.

A terse announcement said search and rescue operations have been concluded, with the collection and analysis of findings confirming the fatality

English Edition | 01.02.2023 | 13:37

Jobless rate in Greece falls to 11.6% in Dec. 2022, from 12.6% a year earlier

Figures announced by Greece’s statistics authority (EL.STAT)

English Edition | 28.01.2023 | 00:35

Fitch upgrades Greece to BB+; outlook stable

The ratings firm also listed the outlook as “stable”

English Edition | 27.01.2023 | 22:00

Annual consumption of petroleum products in Greece mostly unchanged in 2021 from 2020

Heating oil drops

English Edition | 27.01.2023 | 15:40

No confidence vote against Mitsotakis gov’t fails to pass; majority bloc unscathed

Voting against the motion were deputies of center-right New Democracy

English Edition | 26.01.2023 | 22:10

New tax arrears reach 6.7 bln€ in Jan-Nov 2022 period

According to figures released by the Independent Authority for Public Revenue, total arrears owed to the Greek state and social security funds still hovers at 113 billion euros

English Edition | 25.01.2023 | 22:40

Pension hikes in Greece this month after more than a decade

A total of 1.1 million pensioners will also receive a double increase in pension payments, whereas around 185,000 people will see triple increase

English Edition | 24.01.2023 | 20:30

One of 3 «protected witnesses» in collapsed Novartis probe arrested on fraud charges

Greek Police (EL.AS) announced the arrests of three suspects on Tuesday, as part of a probe into allegations of fraud

English Edition | 18.01.2023 | 15:09

Hans-Paul Breuckner (CEO Boston Consulting) to OT: Greece can become RES hub

Optimism about the course of the global economy

English Edition | 18.01.2023 | 12:42

Strengthening Greece-Kuwait relations – Ministers’ contacts in Kuwait

The two ministers pointed out that our country is now an attractive investment destination for large investments

English Edition | 17.01.2023 | 20:02

Greek state raises 3.5 bln€ in new 10-year bond

The bond features a 4.250-percent coupon, and priced at 99.782, with the yield easing to 4.279 percent, according to book-running sources

English Edition | 16.01.2023 | 22:57

Crete in Spanish magazine Hosteltur Top 10 for adventure, nature and wellness tourism

Crete ranks in second place, behind the iconic Indonesia island of Bali, Indonesia and above Algarve, Portugal

English Edition | 16.01.2023 | 22:21

Greek state budget posts lower primary deficit than forecast

On an amended cash basis, the state budget posted a deficit of 11.680 billion euros in 2022, down from a budget target for a deficit of 13.4 billion euros

English Edition | 15.01.2023 | 23:45

Greece eagerly awaiting news of investment grade rating in H1 2023

The first test comes on Jan. 27, when Fitch will issue its latest credit rating for the country

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