Rising Rents, Tourist Influx, and the Evolution of Urban Identity in the Heart of Athens

Mr. Aivaliotis emphasized that social tariffs are continuing as usual. "Support for the vulnerable continues," he underscored, noting provisions even for those using electric heating.

The head of Greece’s Independent Power Transmission Operator (IPTO or ADMIE) last week announced the start of the long-awaited construction phase of a subsea electric power transmission system linking the power grids of Israel, Cyprus and Greece. The massive and ambitious EuroAsia Interconnector Ltd. project will span much of the eastern Mediterranean, connecting the Middle East […]

The rise in irregularities and adulteration threatens the integrity of the olive oil market, impacting consumer trust and the efforts of genuine producers committed to quality.

Location plus economic and political stability lure tech giants to Greece

Vehicles owners in Greece can pay in three manners

Debt collection companies operating in Greece are under investigation, in order to determine whether they comply with the rules of domestic legislation

Both agencies received the administrative penalty of 670,000 euros

Young people taxed in Greece and who have turned 18 or 19 are eligible to apply

A second power line connecting the electricity grids of Greece and Turkey is scheduled for completion by 2029, according to a MoU signed this week in Athens by the former’s Independent Power Transmission Operator (IPTO or ADMIE) and its Turkish equivalent, TEIAS. The new line will run from Nea Santa, in northern Greece, to the […]

Greece’s trade deficit fell by 32 percent last month, with imports dropping by 19.4 percent (yoy) and exports by 8.8 percent, the Hellenic Statistical Authority announced on Friday. Specifically, the value of imports reached 7.214 billion euros in October 2023, down 19.4 percent from the corresponding month of 2022. Excluding oil products, imports fell by […]

This development can be primarily attributed to a significant decrease in the prices of natural gas (-53.2%) and fuels-lubricants

The stable income of consumers has significantly dwindled, compelling the majority to adopt "smart shopping" strategies to save money

Among others, the new legislation includes stricter rules and higher tax rates – based on presumed annual income - for self-employed professionals, craftsmen and freelancers

The total number of shares to be offered by the two majority shareholders corresponds to roughly 10 percent of the refinery group’s equity

The bill targets tax evasion and avoidance through a series of measures

AADE (the Greek Independent Authority for Public Revenue) launches a digital platform to encourage citizens to report fraud

According to data from Circana (formerly IRI) for the ten-month period of January-October 2023, the largest sales volume increase was recorded in non-alcoholic beverages and snacks at +4.4%, and alcoholic beverages at +4.3%

People in Greece apparently work more hours than most other residents of European Union countries, with only Romania and Bulgaria fielding longer labor hours, according to results of a report released this week by the French institute Rexecode. In fact, a worker/wage-earner/self-employed professional’s average weekly employment is far higher than then EU average, more-or-less busting […]

Alpha Bank report calculates power production in Greece in 2021 exceeded 54,000 GWH