Greece

English Edition | 09.04.2024 | 21:25

Greece Sets Hefty Fines for Beach Access Violations

Greek authorities have launched inspections ahead of the summer season aiming to crack down on beach access violations with fines reaching up to 60,000 euros

English Edition | 09.04.2024 | 21:01

Gov’t Unveils Justice System Reforms Aimed to Speed Up Decisions

Measures based on World Bank study

English Edition | 09.04.2024 | 20:45

Ferry Services Between Cyprus and Greece Kick Off on May 29

A ferry service connecting Cyprus with Greece resumes on May 29 without stops in Larnaca

English Edition | 08.04.2024 | 21:22

Survey: 8 out of 10 Greeks Willing to Use Cashless Payments in Public Transportation

The survey carried out by the National Technical University of Athens on behalf of Visa which examined the Greek preferences regarding digital payments in Public Transportation

English Edition | 08.04.2024 | 20:40

Banner Year for Greek Spirit Exports

Ouzo, the clear anise-flavored aperitif, was once again the most popular spirit exported from Greece, accounting for 58% of the total value of distilled beverage exports and 68% of total volume

English Edition | 07.04.2024 | 21:45

Greek Tourism Makes a Dynamic Start for the New Season

Major tour operators like TUI and Jet2.com have expanded their flight offerings and vacation packages to popular Greek island destinations for both Easter and the summer season

English Edition | 02.04.2024 | 20:14

Offshore Wind Farms: Greece’s High Potential

If Europe’s aspirations become reality, the abundant and cheap supply of renewable energy will be a significant step forward in the race for ridding carbon emissions

English Edition | 02.04.2024 | 19:05

EC Approves €1 billion Greek State Aid Measures to Support Renewable Energy Generation and Storage Projects

Greece notified the Commission of its plans to provide support to two projects for the generation and storage of renewable energy for a total budget of €1 billion

English Edition | 02.04.2024 | 18:35

EC Modernization Fund: €1.2bln Support for ‘Green’ Investments in Greece

The Modernization Fund was established to support EU member states with a GDP per capita below 60% of the EU average in achieving the goals of decarbonization and transitioning to a zero-emission economy

English Edition | 01.04.2024 | 19:35

Fitch Revises Greek GDP Forecast to 2.4% in 2024 from 1.6%

The increase in private consumption accelerated faster than anticipated, rising by 1.4% quarterly in the last quarter of 2023, while exports also provided an upward surprise, recording a 0.4% increase

English Edition | 01.04.2024 | 16:25

Greek Tourism: Hotel, Airbnb Occupancy Rates Surge

According to the Greek Tourism Confederation (SETE), the average hotel occupancy rates in the country witnessed a new uptick in January and February this year compared to last year

English Edition | 31.03.2024 | 19:50

Meteo: Winter of 2023-24 Hottest on Record for Greece

February 2024 was the hottest over the past 15 years in northern Greece, according to meteo.gr, a subsidiary of the National Observatory of Athens

English Edition | 29.03.2024 | 19:31

TUI Says Q1 Demand for Greece up 30% from 2023

The CEO Sebastian Ebel was in Greece for an event of the Rhodes Co-lab Sustainable Destination initiative, a project of the South Aegean Region, TUI and the TUI Care Foundation

English Edition | 28.03.2024 | 18:44

Greeks’ Buying Power Second Lowest in the EU

Greeks’ purchasing power is under pressure, ranking 26th among 27 EU member states.

English Edition | 27.03.2024 | 20:59

GSEVEE: Economic Sentiment Indicator in Greece Down in Q2 2023

The drop follows a significant uptick in the ESI in the second half of 2022 (69.5 units) and a slight decline in the first half of 2023 (66.7 units)

English Edition | 27.03.2024 | 19:32

UniCredit: Greece’s Economy Set to Regain Momentum

This projection is based on the understanding that certain factors that hindered growth in the latter part of the preceding year, such as flood-related agricultural losses, abrupt adjustments in housing investments, and postponed public projects, were temporary setbacks

English Edition | 26.03.2024 | 21:36

Greek State Budget Execution for Jan-Feb 2024 Period Posts 1.43 bln€ Surplus

For the January-February 2024 period, state budget net revenues totaled 12.648 billion euros

English Edition | 26.03.2024 | 21:08

PASOK Leader Androulakis Tables No-Confidence Motion

Parliament debate expected to commence on Wednesday and conclude the next day

English Edition | 26.03.2024 | 20:18

Eurostat: Greece 2nd Last in GDP per Capita in EU27

Only Bulgaria is in a worse position

English Edition | 26.03.2024 | 18:38

Societe Generale: Greece and Italy Leading the Way in Debt Stabilization

Looking ahead, Societe Generale anticipates the European Central Bank to commence interest rate cuts starting in June, with quarterly reductions of 25 basis points (or totaling 75 basis points for the year)