From today April 1 people will pay higher tolls on Egnatia Motorway, businesses without POS machines will be fined, and Greece transitions into the summer "quiet hours" schedule

Prime Minister Mitsotakis had announced a one-week free holiday for those impacted by the fires, which has turned into a 300-400 euro voucher

The Piraeus Port Authority (PPA) on Friday released 2023 results, which showed revenue and profits reaching record levels during the year, while passenger traffic emanating from both cruises and coastal shipping were also higher, year-to-year. Specifically, the Cosco-controlled and majority owned PPA said revenues reached 219.8 million euros, up 12.9% from 2022 (194.6 million euros). […]

According to an ELSTAT report, the Industrial Producer Price Index (PPI) recorded a 4.3% drop in February 2024, compared to data from February of last year. This comes in stark contrast to the 4.7% increase recorded in February 2023 compared to the same month in 2022. The decrease in 2024 is due to the decrease […]

The current Greek government announced the fourth minimum monthly wage increase since 2019

The measure impacts 110,000 businesses and professionals ranging from taxis and vendors at farmers' markets

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

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

According to the Bank of Greece corporate deposits decreased by 912mln euros, compared to a 3.167bln euros decrease the previous month

The new amendment will stipulate that tourist enterprises will have a one-year grace period to inform the local authorities about the water flow capacity in the streambed.

The shut down of the two paper mills in northern Greece comes a week after a glass plant closed in Athens

Finally, healthcare financing as a percentage of GDP decreased to 8.5% in 2022 from 9.18% in 2021, as per the Health Accounts System report.

MSC Cruises, a subsidiary of international shipping line Mediterranean Shipping Company S.A, will be sailing to Greek ports as of this month, expanding operations in the region year-round

In contrast, the countries that posted the highest hourly labor costs are Luxembourg (53.9 euros), Norway (51.9 euros), Iceland

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).

BofA projects growth of 1.1% in 2024 and 1.7% in 2025, compared to forecasts for eurozone growth at 0.4%/1.1%, respectively

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.

In terms of financial obligations, those expiring on March 29 must be settled by March 28. Deposits made after March 28 will reflect in records starting from April 2. These alterations extend to payroll as well.

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

This reflects a surplus of 112.6 million euros in January 2024 for the tourism balance, compared to a surplus of 54.6 million euros in the same month of 2023