With over 1,000 speakers representing 70 countries, the Delphi Economic Forum continues to solidify its role as a truly global institution.
PPC’s strategic plan includes investments of €5.8 billion—potentially rising to €12 billion—in Western Macedonia, focusing on the development of technological infrastructure such as a Mega Data Center and large-scale energy storage projects.
Greece battles egg fraud as Easter demand peaks, with mislabeled imports sold as local products or cage-free.
In total, Greek food exports make up around 31% of the country’s export basket to the U.S., with table olives alone representing €212 million of that value
As political pundits and commentators are trying to analyze the possible negative impact of U.S. President Donald Trump’s tariffs on sectors of the global economy, the Piraeus Chamber of Commerce expressed serious concern over the potential consequences of these measures on European products. The tariffs, aimed at reducing the U.S. trade deficit, are expected to […]
The subsidies for energy storage projects are designed to encourage efficiency, says a Ministry source.
Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.
Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year
Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.
Chinese investors, who represent the largest group of Golden Visa holders, favor long-term leasing as a strategy to secure stable income for at least three years.
Fitch Ratings Agency upgraded the four systemic Greek banks in its latest report. The National Bank of Greece (NBG) and Eurobank lead the way, as their ratings were raised to “BBB-” from “BB+” with a stable outlook. Meanwhile, Alpha Bank and Piraeus Bank were upgraded to “BB+” from “BB,” with a positive outlook. NBG’s upgrade reflects […]
Inflation in Greece stood at 3.1% in March, from 3% in February, recording the highest monthly rise (+1.8%) in the Eurozone, according to preliminary estimates from Eurostat. Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February. The high prices in Greece highlight the ongoing cost-of-living pressures in the country. Sources from the […]
Despite the overall decline, unemployment remains higher among women and young people.
The Bank of Greece has raised its inflation forecast for 2024 to 2.9%, up from a previous estimate of 2.5%, suggesting that price pressures will remain higher than initially anticipated.
Chevron recently declared its intent to explore a third area, south of the Peloponnese.
Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.
Retail trade turnover in Greece saw a 2.5% increase in December 2024, according to data released by the Hellenic Statistical Authority (ELSTAT). In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%. Similarly, the General Volume Index, which measures […]
Metlen Energy & Metals announced on Monday it had signed a Memo of Understanding (MoU) with Italian Iveco Defence Vehicles (IDV) for an exclusive collaboration in joint participation for the upcoming program announced recently by the Greek Defense Ministry for the upgrade of the Hellenic Armed Forces. The agreement with Iveco Defence Vehicles (IDV), a […]
During a May 2024 Q1 earnings call with analysts, Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil. Recently published data point to the opposite. On 15 May 2024 Aristidis Alafouzos, CEO of the NYSE-listed Okeanis Eco Tankers, wrote a triumphant tweet about his company’s revenues. On […]
Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025.