Finance

Eurostat: Inflation in Greece and Euro area at 2.5% in June

Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July

Greece Acts to Protect Consumers amid Soaring Electricity Prices

Skylakakis outlined the government's initiatives but withheld specifics regarding the emergency tax and bill subsidies, which are slated for finalization by late July.

Greece’s Labor Market Trends; Job Vacancies Surge

According to the latest data from Greece’s Statistical Authority (ELSTAT), job openings soared to a record high of 70,826 positions in the first quarter of 2024, marking a remarkable 115.6% annual increase.

Greek State to Reopen 3.875% Bond on Wed.

Bond of 3.875% is set to mature on March 12, 2029

Top Govt Council OKs Purchase of F-35s; Unmanned Helicopters

The F-35s warplanes and S-100 UAVs are also inter-operable with three new FDI frigates Greece has ordered from France

Critical Week for Great Sea Interconnector Project

Linking grids of Israel, Cyprus and Greece, ie mainland Europe, of geopolitical importance for EU; Cypriot concerns cited costs to consumers

ELSTAT: 1.5% Increase in Business Turnover in May 2024

The most significant increase in turnover in May 2024 compared with May 2023 was recorded from the enterprises of the Accommodation and Food Service Activities, sector which grew by 14.8%.

Cosco: Container Traffic Decline at Piraeus Port Continues

This strategic shift has diminished Piraeus's standing as a prominent Mediterranean port and a key transshipment hub post-Suez Canal.

POSIDONIA EXCLUSIVE