BoG: Feb. Current Account Deficit up by 1.8bln
At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).
At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).
Greece bolstered its drive for a greener economy with the launch of a €2 Billion Decarbonization Fund for the Greek islands
According to recent data from the Association, the average room rate in Athens in February 2024 was 92.58, a 3% increase from last year
Food to go is identified as one of the top trends for 2024 in the grocery sector by McKinsey one of the biggest management consultancy firms operating in Greece.
The Greek government will continue to unequivocally support the sovereignty and sovereign rights of the country within the framework of foreign policy principles
“We want to make wage employment more attractive by giving employers the opportunity to offer the best possible salaries,” said the Minister of Labor and Social Security.
The shortages are due to a combination of factors including the annual hunt for seasonal employees at the start of the tourist season, persistent skills gaps in the IT sector, and a shortage of hands in Greece’s booming construction industry.
The president of PASOK, hailed the decision in his address to the Greek Parliament at noon today, emphasizing it as a pivotal moment in curbing the New Democracy government's clandestine surveillance tactics.
To Vima (TO BHMA) reveals the joining of two separate exchanges from the night of the accident. Possible aims of the manipulation and an OSE official denies taking receipt of the audio material
Currently, renovations in the EU countries are only reducing annual energy consumption by 1%, according to the European Commission.
Greek political leaders and leaders of the opposition parties publicly condemn the terrorist shooting and express their support for the Russian people
Commissioner Ferreira will be visiting Athens, Patras, Megalopolis, and Tripolis, to review cohesion policy-supported projects
The new rules aim to reduce harmful emissions from industrial installations and pig and poultry farms, and to improve transparency over the licensing, operation and control of such installations
It is noted that from 1998 until today, the taxation on alcoholic beverages in Greece has increased a total of eight times, with four increases occurring within the period of 2009-2010, leading to a 125% increase in the excise tax coefficient on alcoholic beverages.
Nikos Dendias presented his general idea on how he envisioned women being integrated voluntarily into the citizen army
Greek cotton producers are calling on the government to take actions to address the impact of climate change on production.
As expected, all 158 deputies belonging to ruling New Democracy (ND) voted in favor, along with an independent MP
According to ELSTAT, the trade deficit in January 2024 amounted to 2,543.1 million euros, compared to 2,476.7 million euros in the same month of the previous year
Tourism stakeholders convened at the Europe Gala Ceremony 2024 in the Ritz-Carlton in Berlin for the spectacular presentation of the best of the best in the continent’s industry
The director of the Acropolis Museum Nikos Stampolidis said the perfect space to host the Marbles is the Acropolis Museum
The Greek Prime Minister stated that “the fight against rising prices is ongoing”, during his visit to a supermarket in Athens earlier today
Food prices are the primary worry in the east Med country
Rather, the focus lies on the quality of tourist arrivals and their economic impact, prioritizing sustainable growth and meaningful contributions to the local economy.
Once completed, the form must be dispatched via registered mail, at no cost to the voter, to the designated address.
Greek Tourism Minister Olga Kefalogianni took part in a teleconference organized by the Greek-American Chamber of Commerce
Greek company Mytilineos, which has entered into a bilateral long-term power contract for 411 MW, holds 8th place in green electricity in Europe
The data concerning smoking were particularly strong, as the impact of smoking on cytokines was as significant as that of age, gender, and genetic background. Moreover, this impact appeared to persist for years after an individual had stopped smoking
The statistics authority cited a decline in energy prices, especially a 60.2%-decrease in natural gas prices.
Workers mainly hail from the Philippines, India, Bangladesh and Egypt, with which Greece maintains bilateral agreements
The fall impacted two piers at the port of Piraeus managed by Cosco Shipping Ports (piers II and III)
The Greek farmers have been conducting road blockades for the past 3 weeks demanding cheaper fuel oil and subsidies for lost income due to extreme weather, among other things
Finally, Kapounis emphasizes that compared to other EU countries, Greece produces close to nothing, and there will be further degradation of the primary sector, whether it concerns fruits or vegetables
According to sources, he had served as a supervisor at the company for several years
The main objective of the reform is to ensure sound and sustainable public finances, while promoting sustainable and inclusive growth in all member states through reforms and investment.
The flights are slated to commence in June as the company is set to inaugurate a direct route linking Athens with Sharjah in the United Arab Emirates (UAE), the third most populous city in the Gulf Kingdom
The average price of a specific size of pizza jumped by 5.9% in Europe in December 2023, compared with the corresponding month of 2022
Once trail-blazing SYRIZA dropped to third place in the poll result, 10.2%
Regarding GDP per capita, the capital is again at the top with 23,335 euros, with the North Aegean being at the bottom position with 10,658 euros
Washington is stepping up sanctions on companies and individuals involved in a scandal revolving around the illegal spyware Predator
One of the key highlights of this expansion plan includes the re-establishment of the iconic “Hilton” brand in Athens, which was withdrawn in 2021 from the prestigious Vasilissis Sofias Avenue property
A wave of protests have erupted on several campuses across Greece over the recent period, as more militant left-wing students’ groupings and self-styled anarchists stepped up opposition to a pending draft law allowing for the recognition of non-state universities operating
The head of Greece’s national organization of immovable private property owners warned millions of owners are at risk of facing depreciation of their assets in the coming years due to the inability to finance the mandatory energy upgrades of their buildings
The Prime Minister is expected to announce measures which aim to reduce some of the agricultural sector’s costs
Greece’s Overall PPI in industry decreased 7.1% y-o-y January-December 2023, against a 35% y-o-y increase posted January-December 2022
According to the data, Greeks rank last in per capita income purchasing power, coupled with the sixth-highest indirect tax burden in the European Union
In an interesting contrast, Sweden, Austria, Denmark, Finland, and Italy lack national minimum wages but establish them through collective agreements
In the report, the IMF is also raising some concerns about the Greek banking system, urging Greek authorities to take measures
Deposits placed by the general government in In December 2023 decreased by 1.060 billion euros, compared with a decrease of 27 million euros in the previous month
The US State Department late Friday notified Congress of the Biden administration’s intent to sell the 5th Generation warplanes to the country, along with new F-16s and modernization kits to Turkey
Hatzidakis notes a significant increase in recorded transactions with professionals having gone up by 300% compared to 2022.
The squeeze on household spending means Greeks are only reaching into their pockets for absolute necessities and low cost items
The plan was announced last week but must still get support from the European Council and pass through the European Parliament
All three share a common element, they are products of illegal excavations trafficked by antiquities smugglers before ending up in the Carlos Museum
Waiting time has already been reduced by 40-45% just through basic housekeeping actions
Citizens’ complaints about tax evasion and customs violations have increased sharply and total 158,939
The possibility of employment is extended to the sixth day of the week in businesses operating continuously, implementing a five-day work system with alternating shifts, with additional work compensated at a 40% increase.
The junior officer was serving aboard the Marshall Islands-flagged St. Nikolas when it was boarded by Iranian military personnel and diverted to an Iranian port
During Thursday and Friday, the Prime Minister will engage in discussions with top executives from major technology and energy companies, who have expressed keen interest in potential investment opportunities in Greece
In 2023, the 14 airports managed by Fraport Greece recorded 26,535,378 international arrivals compared to 24,920,400 in 2022 and 23,247,951 in 2019
However, the Commission warned about the need for balance, emphasizing that substantial wage hikes, without parallel productivity gains, could adversely impact competitiveness across Europe
The specific study was composed last autumn by the Athens-based Demokritos National Research Center and serves as the first strategic foresight for the use of generative AI in Greece, according to its authors
The 130,000-car threshold had not been reached since 2010, the year that saw Greece propelled into a punishing economic crisis and financial downturn.
An aging population and economic constraints contribute to a strained Greek National Healthcare System (ESY), appearing insufficient in meeting the demands of the times
The trend is reinforced by the positive reviews given by visitors to accommodations, especially in areas like Polygono, the First Cemetery of Athens vicinity, Hellenorossi, and Zappeion
Country in ‘top 4’ worldwide, along with Japan, Germany and Israel
However, supermarkets and department stores saw a decline in EBITDA profits by 9.06% to a 613.3 million euros in 2022 compared to 674.5 million euros in 2021, as this sector had experienced unprecedented profits during the pandemic period of 2020-2021
Furthermore, the “household baskets” that the government invented to supposedly check market prices have not been effective in controlling revaluations.
New Democracy (ND) holds a commanding lead against its poltical rivals, according to a survey conducted by Alco pollsters on behalf of Greek TV station “Alpha”.
Lanthimos is nominated in seven categories for his movie Poor Things
According to the data from the General Commercial Registry (GEMI), in 2023, 57,272 new businesses were established, while 20,268 closed, indicating that last year’s startups were 14.7% more than the corresponding figure in 2022, and closures were 6.3% fewer
The meeting will take place in person at the PM’s house in Chania, Crete and be followed by a working session
The increases will be driven by labor market shortages especially in technology and high growth and investment sectors like tourism, communications, infrastructure and energy
Residential prices in Athens were up an annual rate of 12% in 2023, according to Knight Frank
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