S&P’s decision raises the Greek economy to the second notch of investment grade ladder, at BBB with a stable outlook.
The European Central Bank (ECB) announced on Thursday a 25-basis point cut to its three key interest rates, marking the institution’s seventh consecutive reduction. The move, which was expected, brings borrowing costs in the eurozone to their lowest level in more than two years. The ECB’s Governing Council opted to lower the deposit facility rate—the […]
Greece’s current account deficit shrank by €573.2 million compared to the same month in the previous year, reaching €2.5 billion in Feb. 2025, according to the Bank of Greece (BoG). The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income […]
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.
Twenty-three Greek export products to the United States will be impacted by the sweeping Trump tariffs that have upended global trade and the finance markets. According to a recent study published by the National Bank of Greece (NBG) the US market has remained a key area for these specific products, which include food, construction materials, and […]
Compared to February, inflation decreased in 16 member states, remained unchanged in one, and rose in ten.
Greece recorded a primary cash surplus of €4.1 billion for the period January to March 2025, a significant increase from the €2.4 billion surplus registered during the same period last year, according to the Bank of Greece (BoG). The data released today by the Bank of Greece revealed that the central government’s overall cash balance […]
The amount to be auctioned will be up to 200 million euros, and the settlement date is set for Friday, April 25, 2025 (T+5).
The Greek government is set to return to the markets on Wednesday, April 16, 2025, with a re-issuance of a 10-year bond worth up to €200 million, the country’s Public Debt Management Agency (PDMA) announced. The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the […]
Beijing has instructed Chinese airlines to suspend deliveries of aircraft from Boeing and halt purchases of American-made aircraft parts, in response to a new round of tariffs.
Many ferry routes to the Greek islands are already sold out for Greek Easter 2025, but Greeks are reeling from the steep prices.
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.
Two of the biggest names in fashion will soon be under one roof. In a potentially industry-changing move, Prada has agreed to acquire Versace from Capri Holdings for $1.375 billion. This acquisition brings the iconic Versace brand back under Italian ownership and positions Prada to challenge French luxury conglomerates like LVMH and Kering. The deal […]
Owning a home is a dream for many Greeks, but it's becoming increasingly difficult to achieve.
Greece will repay the loans granted under the first of its three international bailout programs by 2031, according to an exclusive report by the Reuters agency citing two government officials. The repayments, which will be made in annual installments of €5 billion, will allow Greece to settle the debt a full decade ahead of the […]
At the Delphi Economic Forum X, Valentina Rina, Airbnb’s Head of Public Policy for Southern Europe spoke to Editor-in-Cheif of TO BHMA International Edition Odin Linardatou about key issues affecting the platform—ranging from the housing crisis and over-tourism to taxation and U.S. tariffs.
Rents have surged by more than 10% over the past year, and electricity prices have followed a similar trajectory.
The Easter 2025 Holiday Shopping Hours officially begin today, Thursday, April 10, in Athens and Thessaloniki, with extended opening times to accommodate holiday shoppers.