It should be noted that there is a daily 500 euros transaction limit via IRIS per customer with this limit not applying to the total payments a professional can receive in a 24-hour period.

This is a move that aims for the gradual phase-out of lignite units and an increase in renewable energy sources, with a particular emphasis on wind energy.

UK tabloids highlight PM Mitsotakis' plans to combat overtourism through a steep new tourist tax on popular destinations. Meanwhile, Germany warns that the move could drive their tourists to Spain and Italy.

Yesterday’s News Wrap-up includes the following: Ecogenia: Engaging Greece’s Youth in Civic Climate Action The devastating fires in the past years, with the latest last month reaching into Athens’ suburbs, and the resulting floods in Central Greece, have made the need for consistent climate action all the more urgent. Athens to Go ‘Pink’ on Sun. for […]

The HFSF holds an 18.4% stake in National Bank, Greece’s second-largest bank by market value

As UBS notes, the financial institution sector in Greece presents an appealing prospect for higher profit margins for prospective investors, with shareholders reaping the benefits

2025 will commence with an event hosted by JP Morgan in New York, where the Greek stock market 'blue chips' will be represented

A report at IN.gr points out that less than 1/4th of RRF loans have reached their intended recipients, and only Greece and Bulgaria are 'late' on disclosing information on actual recipients of RRF funds.

Conversely, tourists from non-Eurozone countries, particularly from Balkan and Eastern European regions, increased their spending by 15.8% compared to the same period last year.

Regarding monetary policy, the BoG notes that 2024 will see a marginal expansion as a result of investment spending from available EU funds.

The long-term benefits of listing on the Athens Stock Exchange include enhancing the group's profile among the relevant regional investor base

Greece's statistics authority reveals that just 16% of residential homes in Greece are less than 25 years old, and aging housing stocks are driving Greeks to newer rentals.

These projects are expected to upgrade the country’s infrastructure turning it into a gateway for the distribution of inbound products to Europe from the markets of Africa and the Middle East.

According to a major retailer there has been negative inflation in the sector in recent months and that any development must exclusively come from a volume increase.

The formal agreement came a day after Cyprus’s energy regulatory authority made key changes to the regulatory framework of the cable and subsequently approved the project

The number of people receiving jobless benefits was 176,931 in August 2024

The macroeconomic profile also reflects Greece's improved credit conditions, which are still characterized by high levels of non-performing loans (NPLs) compared to the European sector.

Progress for the landmark undersea power cable had stalled after disputes between the regulatory authorities of Greece and Cyprus over cost- and risk-sharing

The rise is primarily attributed to the fall of the balance of goods records and, to a lesser extent, to the balance of primary income.

Fines for failure to comply range between 500 and 1,000 euros per tax office audits