Catch up on the most important events in Greece from the day before with To Vima's News Wrap-up
According to Greece's central bank, net revenues from property sales in the country purchased by foreign nationals in 2023 exceeded 2.1 billion euros.
Development ministry approval of environmental terms another step forward for major IRC planned in Maroussi district, along Kifissias Ave.
Basic food costs and other staple products like bottled water, soft drinks, and fruit juices witnessed an increase of 13.8%, and fruits were up by 12.3%
General inflation is expected to further decline in 2024 to 2.8%
Exports of Greek distilled beverages, encompassing all types of liquors and spirit drinks, exceeded 100 million euros in value for 2023, up 9.4% percent on the previous year, according to data released by Eurostat last week. Ouzo, the clear anise-flavored aperitif, was once again the most popular spirit exported from Greece, accounting for 58% of […]
The shortages are due to a combination of factors including the annual hunt for seasonal employees at the start of the tourist season, persistent skills gaps in the IT sector, and a shortage of hands in Greece's booming construction industry.
The hikes in fuel prices haven’t only caused headaches for drivers, they have also affected gas station owners as consumers in Northern Greece opt to purchase cheaper gasoline from Bulgaria and Turkey
Greek Citizen Protection Minister Announces New Guidelines for Domestic Violence After urging law enforcement officers to fully utilize a 2021 guide on managing domestic violence incidents, he announced the incorporation of 4 key additions to aid in the handling of such incidents. ELSTAT: Jan-Feb. Trade Deficit Jumps to 18.4% The corresponding deficit excluding oil products […]
Imports decreased by 1.1%, while exports saw a notable decrease of 11.4%, causing significant concern for the trajectory of the Greek economy.
The acquisition of Aegean Baltic Bank reflects substantial interest in banking investments and optimism surrounding Greece's economic growth.
The French bank recommends a long position in Greek bonds against Belgian ones
The numbers are aligned with estimates which see tourism in Greece growing 20% in 2024
It should be noted that businesses with simplified accounting data, predominantly small-scale, experienced their first sales decrease of 3% in the last quarter of 2023.
Yet FAGE International's sales grew 13.9% year-on-year to 629.2 million dollars and net profits jumped from 29.3 million in 2022 to 82.7 million dollars
ELSTAT: 26.1% of Population at Risk of Poverty, Social Exclusion The numbers are part of the 2023 Survey on Income and Living Conditions of Households (EU-SILC), with income reference period being the year 2022. The perpetrator of Latest Femicide Remanded to Psych Ward as Investigation Continues The murder of 28-year-old Kyriaki Griva also generated a […]
Developers maintain that the 50-storey Riviera Tower will be ready in the first quarter of 2026
Fines totaling 1.38mln euros were issued to 13 firms due to violations involving the generation of gross profits exceeding those of 2021 for specific products
The risk of poverty and social exclusion has declined significantly from its height of 32.6% in 2016, yet great disparities persist between Greece's different regions.
Eurostat: Inflation at 3.4% in Greece in March – Eurozone Average at 2.4% In March, Greece witnessed a new uptick in the inflation rate, which settled at 3.4%, up from February’s 3.1%, despite the government’s implementation of measures aimed at curbing rising prices. Meanwhile, Eurostat data revealed a monthly increase of 1.8%, indicating a continuing […]