The assessment is part of JP Morgan’s analysis released today regarding potential rating changes in 2024 across the Eurozone

The number of unemployed stood at 429,806, indicating a fall of 130,997 individuals compared to November 2022 (23.4%) and a decrease of 12,156 individuals compared to October 2023 (2.8%).

According to ELSTAT, overall gross savings in the economy increased to €21.8 billion in 2022 from €16.5 billion in 2021, primarily driven by businesses and the general government, while households showed a decrease in savings by -2.6% of GDP.

A flu outbreak caused numerous last-minute cancellations, with some destinations falling short of full occupancy. However, the void was partially filled by last-minute bookings

The tourism sector's implementation of the digital work card has been strategically deferred until the year's end, a move aimed at ensuring a seamless conclusion to the ongoing tourism season, thereby preempting any operational disruptions mid-season

The increases will be driven by labor market shortages especially in technology and high growth and investment sectors like tourism, communications, infrastructure and energy

More than 15.5 million megawatts of natural gas were transported in 2023 through Interconnector Greece-Bulgaria Pipeline (IGB), according to the system’s manager, ICGB, on Wednesday. ICGB also noted that the pipeline was operational for all 365 days last year, without interruption. The pipeline, with a capacity of three billion cubic meters of natural gas per year (bcm/y), […]

More than 28.17 million passengers were recorded in 2023, up by 24% compared with 2022 and up by 10.2% from pre-pandemic 2019

There was a 5% rise in pre-bookings for 2024

Our country possesses noteworthy deposits of various primary minerals. Regardless of whether some are deemed critical, there is a clear economic and geopolitical interest in their entirety."

The yield was slightly lower than the 3.88% recorded in the previous issue last November

"The combination of political stability with the implementation of the right mix of economic policies is what sustains our optimism for the future. Of course, our economy is not enclosed in protective glass."

However, the French bank suggests that new EU fiscal rules could increase political pressure on these nations

The company breached the unfair profit law

Former President of the Council of State Irene Evelyn Michaela Mary Sharpe takes the helm from Ioannis Lianos

The latest ruling by a French court will be closely scrutinized by Greek borrowers whose mortgage was issued under the same, ultimately ruinous scheme

The total investment throughout the EU is billed as reaching 2.5 billion euros.

Residential prices in Athens were up an annual rate of 12% in 2023, according to Knight Frank

The framework includes a regulation that integrates the spatial planning of private tourist investments into the existing criteria and grading of incentives (via NSRF, Recovery Fund, etc.), particularly about their qualitative classification (star ratings).

The data revealed the economic strain Greek households and businesses are under due to the high cost of living in the country