Greece to vote soon on new regulations that are slotted to take effect in January 2024.

Greece’s Ministry of Development has fined Proctor & Gamble Sole Shareholder Limited and Unilever Logistics AE 1 million euros each for profiteering. The fines were issued following an audit completed by Greece’s Interdepartmental Market Control Unit and are the maximum that can be imposed on a company for violating article 54 of Law 5044/29-07/2023 regarding […]

Figure Above One Billion Euros in H1 2023

Greece has established itself as one of the most attractive countries for foreign real estate purchases. Indeed, foreign investment has seen a 40% year-on-year increase, surpassing 1 billion euros in the first half of 2023 alone. This trend is most likely due to lower property prices compared to other countries, coupled with a high demand […]

More ominously, the category “foods, alcohol and tobacco” – with foodstuffs dominating interest – was almost double than the overall rate, which totaled 7.5 percent.

Cautions that economy still unbalanced