Greek banks, it notes, are focused on mitigating the impact through strategic efforts like loan growth, increased fee income, and lower-than-anticipated deposit betas for 2026.
The price reduction on the first 120 consumer product codes will range from 6% to 15%.
The yields from the offering called “Offering” will be used to finance ongoing capital expenditure projects by the country’s largest electric power company
With net profits typically amounting to just one-third or even one-quarter of turnover, thousands of freelancers reported poverty-level incomes or even losses
Greece's pet market is booming, fueled by rising pet ownership and significant investments since the COVID-19 pandemic.
"The new generation consumes snacks with enthusiasm" Dengel notes.
Bank of Greece (BoG) reports nearly 36,000 buy back transactions this year up until the end of September in the country
Compared to two decades ago, the difficulty of finding housing has risen dramatically, with homeownership rates in Greece plummeting since 2005.
Moody’s took a “stricter” stance compared to the other agencies when in Sept. of 2023 it refused to grant Greece the investment grade.
Under the new procedures, businesses no longer need to seek approval from Greece's electricity regulator or obtain an environmental permit as part of the application process for installing solar panels.
Last April’s positive outlook issued by the agency lays the groundwork for another potential upgrade.
Families with children are even more affected, with 26.3% of these households struggling to pay rent.
The Governing Council of the European Central Bank (ECB) decided to cut interest rates by 25 basis points for a third consecutive time.
GDP at constant prices reached €196.984 billion in 2023, up from €192.495 billion in 2022, ELSTAT said
The concept of overall or general child poverty consists of two parts, the first is economic poverty and the second part is non-economic poverty.
Within the European Union, Denmark stands out securing the 6th position, globally, with Germany ranking 16th and France 36th
Yesterday’s News Wrap-up includes the following: NY Woman Tears Down Greek Flags She Thought Were Israeli (video) NY Woman Tears Greek Flags – Following the terrorist attack Hamas launched against Israel on October 7 last year and the subsequent tough Israeli military retaliation, which expanded into Lebanon and Syria, the degree of polarization in society across the […]
The global luxury brand, known for signature monogrammed handbags, luggage, and other items, reported gross profits of €18.6 million
The economic climate index stood at 110.2 points in September, compared to 106.1 points the previous month and 106.8 points a year ago, according to IOBE.
Greece has now received a total of 18.2 billion euros from the Recovery and Resilience Facility (RRF), with this latest disbursement.