NBG CEO Pavlos Mylonas: In 3Q24 we delivered a solid set of financial results, with our strong capital position and highly liquid balance sheet remaining key comparative advantages
According to Eurostat, the average adjusted annual salary in Greece stands at €17,000, with Hungary close behind at €16,900. The only country faring worse is Bulgaria, where the figure is €13,500.
Eurobank agreed to acquire 12.848% Hellenic Bank’s shares for approximately 243 million euros, or 4.58 euros per share.
Athens ranks 22 out of 30 European cities in terms of it prospects for real estate investment, according to a report by PwC.
The primary source of concern is the new president’s stated intention to impose general import tariffs of 10% to 20% to boost local employment in the U.S.
American exposed shares like Titan and Cenergy drew renewed investors’ attention as the latter attempted to gauge the shifting landscape following Trump’s electoral win.
The likelihood that Trump will deliver on his promise to "make America great again" through protectionist policies rippled through markets Wednesday morning, boosting the USD.
The new bill will also include enhanced ENFIA discounts for insured properties starting from 2025.
For the year so far, total airport traffic from January to October 2024 has reached 27.57 million passengers, reflecting a year-over-year rise of 12.9%
Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.
It should be noted that taxpayers have the right to dispute the assessment if they believe it is inaccurate.
JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization.
On the sidelines of the meetings, the Greek minister is also expected to engage in discussions with other European officials.
Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.
Greece ranks 4th in EU for labor market slack, mostly due to high unemployment levels, and has widest gender gap in the EU.
The profile of the returnees to Greece reveals that 67.6% have families, and 52% have children.
All indices rise in third quarter of 2024 compared to corresponding period of 2023
The data is expected as the country's tourist season ended, resulting in an upswing in the number of employees departing as thousands of seasonal workers are left out of the job market
“We want to further reduce taxes, not because we want to be agreeable, but because we can,” said the minister.
Among young people aged 15-24, unemployment fell notably to 16.3% from 23.1% in Sept. 2023. For those aged 25-74, the rate declined to 9% from 10%.