Nevertheless, it is emphasized by the competent authority that a reassessment of objective values does not necessarily result in price reductions.

3D seismic surveys were conducted in the two offshore blocks west and southwest of Crete by a consortium comprised of ExxonMobil and HelleniQ Energy

Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%.

Key downside risks remain, associated with possible delays in deploying Recovery and Resilience Facility (RRF) funds and weaknesses in key export markets and tourism source countries

In the first quarter of 2024, Korydallos in the Piraeus region and the burgeoning Attiki Square retain their top spots with impressive yields of 6.3%.

Olive oil (63.7%), fruit (11.6%), fish (10.6%), and mineral water (12.5%) registered the highest increases annually

At the heart of the "Choose France Summit" was the discussion surrounding the production of lead-acid and lithium-ion batteries, crucial for the green transition and storage of renewable energy.

Some of the areas of interest explored included possible collaboration on wind turbines in the Aegean Sea, further tourism cooperation following the visa express

Passenger traffic at the Athens International Airport (AIA) amounted to 2.49 million during April 2024

Amid international uncertainty and armed conflicts in Gaza and Ukraine in 2023, Greek exports continued to decline, ending the year with an 8.5% drop

George Gavriilidis, CEO of the real estate consultancy Elxis highlights that Greek buyers are increasingly drawn to emerging locales.

McDonald’s has finally won over consumers in Greece, reporting record gains and planning more outlets.

Titan Group subsidiary Titan American will be listed in a New York stock exchange, with the details pending

Greek Golden Visa applications reached 2,644 in the first quarter of 2024, marking a 12% increase compared to 2023, which saw 2,364 applications

Greece is second only to Chile (20%) in terms of the production of photovoltaics, and the share of solar production in the electricity mix with 19%

Both domestic and international passenger traffic grew by 8.4% and 20.2%, respectively.

Overall, CEOs of major food chains express cautious optimism for market conditions in 2024, noting signs of hope compared to the previous year.

Goldman Sachs sees an upgrade of the Greek stock market

Guided by sustainability and the search for quality products, consumers are increasingly turning to the growing market for second-hand clothing. The increased demand for second hand clothes, which has been an international trend for several years, is reflected in data published by the Greek statistical authority (ELSTAT). According to this data, “Retail sales of second-hand […]

The international organization calculates an average of 6.7 billion USD in Greece over the 2021-2023 period, up from 4.15 billion USD in 2017-2019