Chinese investors, who represent the largest group of Golden Visa holders, favor long-term leasing as a strategy to secure stable income for at least three years.

Fitch Ratings Agency upgraded the four systemic Greek banks in its latest report. The National Bank of Greece (NBG) and Eurobank lead the way, as their ratings were raised to “BBB-” from “BB+” with a stable outlook. Meanwhile, Alpha Bank and Piraeus Bank were upgraded to “BB+” from “BB,” with a positive outlook. NBG’s upgrade reflects […]

Inflation in Greece stood at 3.1% in March, from 3% in February, recording the highest monthly rise (+1.8%) in the Eurozone, according to preliminary estimates from Eurostat. Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February. The high prices in Greece highlight the ongoing cost-of-living pressures in the country. Sources from the […]

Despite the overall decline, unemployment remains higher among women and young people.

The Bank of Greece has raised its inflation forecast for 2024 to 2.9%, up from a previous estimate of 2.5%, suggesting that price pressures will remain higher than initially anticipated.

Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.

Retail trade turnover in Greece saw a 2.5% increase in December 2024, according to data released by the Hellenic Statistical Authority (ELSTAT). In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%. Similarly, the General Volume Index, which measures […]

Metlen Energy & Metals announced on Monday it had signed a Memo of Understanding (MoU) with Italian Iveco Defence Vehicles (IDV) for an exclusive collaboration in joint participation for the upcoming program announced recently by the Greek Defense Ministry for the upgrade of the Hellenic Armed Forces. The agreement with Iveco Defence Vehicles (IDV), a […]

During a May 2024 Q1 earnings call with analysts, Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil. Recently published data point to the opposite. On 15 May 2024 Aristidis Alafouzos, CEO of the NYSE-listed Okeanis Eco Tankers, wrote a triumphant tweet about his company’s revenues. On […]

Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025.

In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens.

This system calculates the benefit amount under both the current and new frameworks, ensuring recipients receive either the same or a higher amount under the pilot scheme.

The "Easter Basket" which will likely go into effect on Wednesday, April 9, and remain until Holy Saturday, April 19, will traditionally include lamb, goat, Easter bread, chocolate Easter eggs, and other chocolate-based products.

Spanning 17,000 square meters, the shopping center has already leased out 75% of its space, with an average rental price of 85 euros per square meter.

Chevron has formally expressed interest in the offshore area "South of the Peloponnese" and, as of March 26, also for blocks "South of Crete I" and "South of Crete II."

Over 70% of Greece's tax debt is owed by just 9,830 taxpayers, which are mostly large companies.

Following Greece, Italy ranks second with an informal economy comprising 31% of its GDP, while Spain and Portugal both register at 24%. Lithuania, Latvia, and Bulgaria each report a shadow economy size of 20%.

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

Goldman Sachs maintains a “buy” recommendation on Greece’s public power corporation (PPC) based on the company’s ongoing transformation, the projected 20% earnings per share (EPS CAGR) for 2024-2027, and robust execution indications, with planned renewable energy additions supported by assets already under construction. The multinational investment bank and financial services company estimates PPC’s financial results […]