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
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Τετάρτη 02 Απριλίου 2025
16 oC Greece
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.
Start-ups: Three Innovative Tourism-Travel Ideas at Greek Event
QR code for hotel tipping; organizing activities (sight-seeing etc) during a layover and a digital solution for pleasure craft chartering get start-ups kudos
Greece-Egypt “GREGY” Interconnector Moving Ahead as Planned
The GREGY project aims to bring an underwater cable from Egypt to Greece to transport electricity generated in Egypt, through renewable sources, to Europe
Which Islands Will Have Italians Flocking to Greece this Summer?
Well-known Italian travel magazine details reasons why Skopelos, Naxos and Astypalaia are the go-to summer destinations for Italians
EC Spring Forecast: Greek GDP at 2.2 in 2024, 2.3% in 2025
Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%
Real Estate Insights: Athens’ Top Areas with the Highest Yields
In the first quarter of 2024, Korydallos in the Piraeus region and the burgeoning Attiki Square retain their top spots with impressive yields of 6.3%
New Athens Metro Line Hopes to Alleviate Heavy City Traffic
The massive project is expected to be completed in 2029
National Intelligence Agency DG to Accompany Greek PM to Ankara
Prime Minister Mitsotakis also gave an interview to Turkish newspaper Milliyet regarding his upcoming visit
Draft Bill Eyes Detection of Uninsured, Poorly-Maintained Vehicles in Greece
According to reports, at least half a million vehicles in Greece are uninsured, while the number of those without inspections is unknown
Fitch Solutions: Greece Set to Welcome 40 Million Tourists Annually by 2028
However, Fitch Solutions highlights concerns about overtourism, cautioning that it could strain Greece's capacity to deliver quality services, potentially leading to neglect of popular destinations
The Worst European Cities for Pickpocketing – Where is Athens?
The data was presented by London-based travel insurance company Quotezone
McDonald’s in Greece Breaks New Records, Plans New Outlets
McDonald’s has finally won over consumers in Greece, reporting record gains and planning more outlets.
Vacant Properties in Greece Posing Risk of Forest Fires
Homeowners are calling on municipal authorities to clear away empty properties which pose a serious threat of fire in the summer
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