Mitsotakis Firms up TIF Agenda
PM's agenda at the 88th Thessaloniki International Fair (TIF), taking place between Sept. 7-15, will focus on housing, a demographic crisis, public health and education
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Δευτέρα 13 Ιανουαρίου 2025
10 oC Greece
Greek Health Ministry to Examine Medical Visa Proposal
Greece hopes to enrich its tourism offering by adding a medical visa for short-term healthcare-related visits
ELSTAT: New Construction Permits Down 19.6% in May
The Total Building Activity (private and public) in Greece, in May 2024, based on the issued building permits, amounted to 2,065
Price Hike on 850 Pharmaceutical Drugs in Greece Effective Today
The increase in cost of pharmaceutical drugs in Greece ranges from 1 to 5 euros, and will lead to higher out-of-pocket contributions for consumers
Greek Farmers Battered by Climate Change Face Uncertain Future
Greece's most iconic agricultural products are already impacted by climate change and the future of Greek farmers is getting increasingly uncertain
Tourism: 2.5mln Tourists Visit Meteora Every Year
It it the second most popular travel destination in mainland Greece for visitors from around the world
Greece Records 9.8% Drop in Airbnb Rates in July
An Airbnb report highlights that in countries such as Norway, Sweden, and Greece, the annual decline in ADR coincides with a consistent drop in occupancy rates
Eurostat: Inflation in Greece at 3% in July – Above EU Average
The European Union’s (EU) annual inflation rate was 2.8% in July, compared to 2.6% in June, compared to last year when it stood at 6.1%
Greece Second in Informal Employment among Eurozone
High levels of informal employment place Greece and Portugal at the top, reflecting deep-rooted challenges in labor regulation
Greece Tax Statements: Olympian-Level Tax Evasion Again Suspected
One in two self-employed professionals in the country declared, in tax statements, an average monthly Income in 2023 of …268 euros
Revenues Up for Accommodation, Food Services Sectors in Q2 2024
According to ELSTAT, revenues in the two sectors increased overall, but Mykonos and Santorini reported a steep decline
Is Salinization of Water Supplies Greece’s Next Problem?
Salinization of the water supply in the northern Greece coastal region of Halkidiki has been a problem for years, and it is getting worse
Stark Disparities in Greek Salaries, Data Reveal
Over 50% of Greek private sector employees earn €800 or less monthly, highlighting widespread poverty and low purchasing power.
Greece Invests Millions to Preserve Dodecanese’s Cultural Heritage
The Greek Ministry of Culture has undertaken a significant project with over 50 million euros in investments to restore ancient artifacts in the region
Greece: New Draft Bill to Facilitate Property Transactions
Streamlined process envisioned in draft law aims to cut 'red tape' in real estate transactions, including parental transfers of property to offspring
Greece’s Labor Market Trends; Job Vacancies Surge
According to the latest data job openings soared to a record high of 70,826 positions in the first quarter of 2024, marking a remarkable 115.6% annual increase.
Tourism: Greece Ranks 9th in Global Growth
Furthermore, Greece is positioned among the leaders in increased inbound tourist spending since the start of 2024, currently holding the second position with a notable 25% growth.
Greece in Top 4 Destinations Favored by European Tourists
Greece was selected by 5.9% of respondents who were asked where they would vacation this year, up from 5.4% in the same survey last year
Scope Affirms Greece’s BBB- Ratings; Revises Outlook to Positive
The international ratings firm raised Greece to investment grade in early August 2023
Real Estate Trends: Greek Buyers Prefer Smaller Properties
Specifically, in the nationwide survey, 24.9% of buyers opted for properties between 51 and 75 square meters, while 24.7% chose smaller properties up to 50 square meters
ELSTAT: Industrial Production Up by 6.7% in May 2024 in Greece
The average overall Industrial Production Index for the period from January to May 2024 recorded an increase of 5.8% compared with the average IPI of the period from January to May 2023
Greece 2nd Renewable Energy Source (RES) Market for Investment
Greece performed exceptionally according to the biannual EY Renewable Energy Country Attractiveness Index (RECAI), a report that assesses the investment and deployment opportunities in 40 of the world’s top markets
Greeks Turn to Second-Hand Market to Save Money
It is unclear whether this trend is primarily attributed to the need for financial difficulties or if it is also done out of principle (acquiring quality products at competitive prices with a "green" footprint)
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