Finance

NBG Report: Greek Tourism on Path for New Record in 2024

The positive trend is reflected by the high demand expectations of Greek hoteliers, according to the study, with the relevant index reaching its highest historical point in the January-February period

Piraeus Bank: Greece on a Better Developmental Trajectory Compared to Europe

In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase

Price Reduction in Products Up to 15% – Offers Limited

Despite a three-month ban on offers, Aristotle Panteliadis, president of the Supermarket Association, said re-pricing for four out of five products remain in effect

Greece: 112,000 New Business Ventures in 2023

A total of 112,000 new businesses were started in 2023, up by 6.1% over 2022, mainly in construction, transportation and storage.

Greek Public Revenue Body (IAPR) Launches Digital Tools to Crack Down on Fuel Smuggling

An electronic data collection mechanism will be linked to Tax Warehouses and Customs Warehouses input-output analysis systems, while a digital application will allow for registration of Energy Products by bunker vessels

Greek Economy: Concerns Rise as Foreign Direct Investments Plunge by 40%

However, concerns arise as milestones now involve not only reforms and legislation but also project assignments, highlighting the government's lack of readiness in many cases

Foreign Universities in Greece Eye Athens and Ellinikon for Private Institutions’ Campuses

At the same time, reliable sources reveal that top universities, including MIT, Yale, and Harvard, visited the Ellinikon mega-project site where Lamda Development showcased its redevelopment plans.