The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.
Two of the biggest names in fashion will soon be under one roof. In a potentially industry-changing move, Prada has agreed to acquire Versace from Capri Holdings for $1.375 billion. This acquisition brings the iconic Versace brand back under Italian ownership and positions Prada to challenge French luxury conglomerates like LVMH and Kering. The deal […]
Owning a home is a dream for many Greeks, but it's becoming increasingly difficult to achieve.
Greece will repay the loans granted under the first of its three international bailout programs by 2031, according to an exclusive report by the Reuters agency citing two government officials. The repayments, which will be made in annual installments of €5 billion, will allow Greece to settle the debt a full decade ahead of the […]
At the Delphi Economic Forum X, Valentina Rina, Airbnb’s Head of Public Policy for Southern Europe spoke to Editor-in-Cheif of TO BHMA International Edition Odin Linardatou about key issues affecting the platform—ranging from the housing crisis and over-tourism to taxation and U.S. tariffs.
Rents have surged by more than 10% over the past year, and electricity prices have followed a similar trajectory.
The Easter 2025 Holiday Shopping Hours officially begin today, Thursday, April 10, in Athens and Thessaloniki, with extended opening times to accommodate holiday shoppers.
The financial results for the year ended on 31.12.2024 of Alter Ego Media, the country's major media group, demonstrate strong growth across all financial indicators.
The information comes from a recently published report by Hydrogen Europe, which shows that while Germany and France lead in absorbing hydrogen funding, Greece, Poland, Portugal, and Slovakia significantly lag behind.
To address the deepening housing crisis, Greece's central bank advocates for broader policy reforms.
American multinational investment bank Jefferies sees both opportunities and risks in European bank stocks, highlighting the National Bank of Greece (NBG) as a top pick in its “top five” due to its significant 10% payout and a CET1 ratio of 18%. In general, Jefferies believes Greek banks are relatively insulated, or essentially isolated, from the […]
The yield on Greece's 10-year government bond has climbed above 3.6%, while the spread over the benchmark German Bund is edging back toward triple digits, reaching 97 basis points.
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