Unemployment dropped to 8.3% due to hiring ahead of the summer in the tourism, food service and retail sectors.
Crude prices surged by as much as 13%, with Brent crude briefly surpassing 75 dollars a barrel on the London market and West Texas Intermediate (WTI) climbing past 73 dollars in New York.
What Eurometaux member companies are telling Ursula von der Leyen in a joint letter
Recent months have seen growing scrutiny of Lamda Development's policy regarding the sale of plots in the Ellinikon project to third parties for independent development.
No final solution yet for tens of thousands of borrowers who took out loans in Swiss francs
TERNA, a GEK TERNA Group company, named preferred bidder for two railway projects in Romania worth €1 billion
Greece is facing persistent "warning bells" due to its growing trade deficit, which continues to expand each year.
Minister Kyriakos Pierrakakis also said that a draft provision is being readied to allow property transfers by individuals and legal entities even in cases of arrears to the tax bureau and social security funds
From November 1, 2025, accepting IRIS payments will be mandatory for all businesses and legal entities in the country.
The green hydrogen is supplied by Austria’s Wien Energie. Meanwhile, Motor Oil is expected to begin producing its own green hydrogen in 2026.
The report cites a World Bank report from 2016, which paints a bleak picture of Greece’s social welfare system
More than 4.2 million taxpayers owe money to the Greek state- tax authority prepares to release names of debtors.
The notable uptick, a second consecutive rise in the consumer price index, has raised concerns as it affected products across the majority of sectors
The change marks a 0.4% rise compared to Q4 in 2024. Based on non-seasonally adjusted data, the GDP posted a 1.4% rise over the same period compared to Q1 in 2024.
Office rental rates also moved upward in 2024, albeit at a slower pace. Across all office categories nationwide, nominal rents increased by 1.9%.
To boost productivity, Greece must pursue both internal modernization and broader structural changes, argue prominent economists.
The European Commission (EC) on Wednesday approved Greece’s national medium-term fiscal-structural plans (MTP) for 2025–2028 as part of the European Semester framework. The published documents highlight Greece’s significant fiscal results in 2024, noting a 1.7% budget surplus, accompanied by a notable GDP reversal from a 0.7% deficit in 2023. Greece’s public debt was reduced by […]
Regarding Greece’s credit outlook, S&P analysts said that a reduction in external imbalances could pave the way for a future upgrade.
The final approval process is now in the hands of EU finance ministers
Greece’s GDP growth is projected to reach 2% in 2025 and 2.1% in 2026, according to the latest Economic Outlook report on global economic prospects released by the OECD. According to estimates, investments will be bolstered by disbursements from the EU’s Recovery and Resilience Facility, while increases in the minimum wage are expected to support […]