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 […]
In 2025-2027E, Euroxx Securities forecasts a dividend payout ratio of 57%-58%, on strong net profit growth, indicating a dividend yield of 4.6%-5.6%, well above peers
The Athens Stock Exchange ranked third globally in returns for both May and year-to-date performance, according to data from Deutsche Bank. In May alone, the ASE delivered a return of over 9%, placing it behind only the European banking index (DJ Stoxx 600 Banks) and the NASDAQ. The German bank attributes the solid showing to […]
The boom in short-term rentals such as Airbnb has significantly reduced the availability of properties for long-term leasing, while rental prices continue to climb—even for older properties. The problem is compounded by programs like “My Home 2,” which have contributed to further price hikes without addressing the core issue, namely, the limited supply of housing. […]
As tensions rise once more, global markets are left watching closely whether the two economic giants can salvage the truce or spiral further into trade conflict.
Deutsche Bank has raised its target price for Alpha Bank to €3.35 from €3, maintaining a “buy” recommendation. The German multinational investment bank stresses the Greek systemic bank’s robust performance in Q1 2025, suggesting solid fundamentals and a positive outlook. The Greek bank, the German bank notes, is outperforming its competitors primarily due to its […]