Greek PM on Inflation, Climate Crisis, Unemployment etc in Weekly Review
The PM urged people to watch Coldplay's latest video clip shot at the Odeon of Herodes Atticus
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Δευτέρα 13 Ιανουαρίου 2025
10 oC Greece
Demographic Crisis: Gap Between Annual Deaths, Births Rises in Greece
During the 2020-22 period, amid the pandemic, the number of deaths reported in the country reached roughly 169,000, compared to only some 113,000 births
Global Media Critical of Greece’s 6-Day Work Week
International media have highlighted the counterproductive nature of the 6-day work week legislation, citing research that shows that increasing work hours will raise the risk of on-the-job mistakes and burnout.
Norwegian Travelers’ Top Picks in Greece for 2024
The focus shifts to lesser-known, high-quality destinations that could become favorites among Norwegian tourists.
Greece in Top 3 Cruise Travel Destinations in the Mediterranean
Regarding the nationality of visitors, the United States holds first place
Olive Oil Prices Rise, Sales Drop across the Globe
Greece, of the leading olive oil producers, harvested 120,000 metric tons of olives in 2023, less than half of the previous crop
Greece Expands List of Protected ‘Unspoiled Beaches’ to 238
Adjustments were also made to ensure existing citizen rights, such as those of adjacent businesses, were not affected
Airbnb Beds in Greece Near 1 Million
Short-term rentals in Greece have increased between 10-12%, each month since the start of 2024, while occupancy rates remain stable
Greece Expands Digital Work Card to Industry and Retail Sectors
Already in use by employees in banks, large supermarkets, insurance companies, security firms, and public utilities, the Digital Work Card aims to safeguard workers' rights
Where Greeks Travel for Pentecost Long Weekend
Greeks islands and alternative destinations in Europe are on their top 5 list
Athens-Nicosia on High Alert After Hezbollah’s Threats Against Cyprus
Hassan Nasrallah warned Cyprus during a televised address on Wednesday that it would be targeted if Israel used Cypriot airbases to launch attacks against Lebanon
Forbes Ranks Paros in Top 3 Global Summer Destinations
According to the publication, Paros is currently a quieter alternative to Greece's more touristy islands, but it is rapidly developing and gaining fame
Greece Among Just 8 EU Countries On Track to Reach ESR Targets
Twelve EU countries will miss their Effort Sharing Regulation (ESR) climate targets, 7 more are at risk of falling short, and Germany and Italy are performing the worst
Greece’s Massive Interconnector Projects Attract Int’l Investors
One notable project, called the Great Sea Interconnector, aims to link Greece, Cyprus and Israel via underwater electrical cables
Greek Government to Launch Economic Package to Address Housing and Tax Issues
The government plans to advance institutional reforms, particularly to tackle the housing shortage, and will review adjustments aimed at rectifying tax burdens on self-employed professionals
Bloomberg: Greece to Restrict Cruise Ships on Popular Islands
Furthermore, Mitsotakis specifically noted pressure on Greece's popular destinations, such as Santorini in the Cyclades.
Tourism: Over 4,000 UK Flights to Greece in June
Citing Cirium figures, UK-based travel website travelweekly.co.uk reports that over 4,000 flights are scheduled to operate from UK airports to Greece in June 2024
Eurobank Increases Stake in Hellenic Bank to 55.42%
Sources within the bank anticipate that this investment will propel Eurobank's stake up to 65% by the summer, paving the way for its proposed absorption of the Cypriot bank.
Bloomberg: Greece Former EU ‘Crisis’ Country Set to Thrive
Greece serves as a prime example, having lost a quarter of its GDP during the crisis but regaining its investment grade last year. Conversely, France was downgraded by S&P Global Ratings recently.
ELSTAT: Trade Balance Deficit in Greece Up by 35.6% in April
Export values reached 4.467 billion euros, up from 4.019 billion euros in April 2023, marking an 11.1% rise.
25 Years of Lidl Greece, €1.4 Billion Investments, Future Plans
Transitioning from a modest selection of 900 generic products, Lidl now boasts 2,500 items, including branded goods, with a noteworthy 60% of its sales stemming from Greek suppliers.
Greek Real Estate Study: Homebuyers Opt for Old Houses
The real estate study revealed that Greeks in the market for a new house opt for affordable older units within their financial abilities
Greece Tops 2024 Global Business Complexity Index
Greece has consistently been seen as complex, particularly in accounting and taxation, but procedures related to human resources and payroll have become even more complicated in 2024.
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