Strong demand is evident in short-term rentals (Airbnb-type accommodation) for this summer season, according to AirDNA data.
The driver behind the decision, according to the international credit ratings agency, were a budget surplus of 1.3% of GDP in 2024 and a primary budget surplus of 4.8%
Social participation is equally affected, with 74.8% of children from poor households unable to regularly participate in recreational activities due to financial constraints.
The average price per square meter for newly built properties in the broader Athens-Piraeus area reached 3,706 euros.
The 20-year concession includes the eponymous 72,700-square-meter private beach property in the Vari-Voula-Vouliagmeni municipality
A Bank of Greece (BoG) report assesses the country’s financial stability and recovery are at risk from external factors linked to rising geopolitical tensions and the global resurgence of trade protectionism like tariffs. The May 2025 Financial Stability Report highlights significant improvements in the Greek banking sector, as it continued to exhibit robustness in its […]
Tax revenues amounted to 22.1 billion euros, an increase of 1.455 billion euros or 7% in the first four months of 2025.
New projects are being added to the "Greece 2.0" plan, primarily focusing on enhancing citizen safety and upgrading transportation infrastructure.
The Greek Finance Minister, Kyriakos Pierrakakis, told Mega TV on Thursday that the government was preparing a package of limited measures to alleviate the burden on Greece’s middle class. Pierrakakis said the relief measures would be formally announced by the Prime Minister at the 89th Thessaloniki International Fair (TIF) in September. The minister underlined that […]
Public hospitals remain the primary contributors to the mounting debt, with their outstanding payments to suppliers climbing to 1.489 billion euros in March.
The BoG notes that inflation in Greece remains driven by rising service costs and unprocessed food prices, while energy shows internal disparities.
The Cosco-managed and majority-controlled PPA reported 230.9 million euros in revenues for the year
Some of the holders have challenged the validity of a notice issued by Athens last month to exercise a re-purchase-before-maturation option that settles on Wednesday
The Greek per capita GDP will reach 2007-10 levels in 2033, according to a working paper released by the Budget Office of the Parliament on Tuesday, May 13. The Budget Office put forward two scenarios, according to which the Greek per capita GDP would be commensurate with 2007. In the first case study, assuming a […]
China Leads, Greece holds 6th place, and India and Brazil are significantly increasing their capacities.
Greece's IPTO, Rome-based Terna sign MoU in Rome on sidelines of second high council of cooperation headed by respective countries' premiers
Inflation in Greece is projected to settle at 2.9% in 2025, according to the Bank of Greece (BoG). The Bank of Greece’s Fiscal Monitor report underlines that the country’s consumer price index (CPI) is expected to amount to just under 3%, mainly due to persistent inflation in the services sector. According to the forecast, inflation […]
The Greek-Indian Chamber of Commerce opens a branch in Kos, aiming to boost Aegean business through labor, tourism, and investment.
“The Athenian Riviera is not a single market, it is many micro-markets, each tailored to a different lifestyle,”
Greek public debt currently stands at €364.8 billion, according to the Public Debt Management Agency (PDMA). Despite the exorbitant amount, markets consider it serviceable, one of the reasons, among others, that prompted Greek Finance Minister Kyriakos Pierrakakis to state the country would “not be the most indebted by 2029” during his visit to the PDMA […]