This means that the maximum expense cap is likely to rise to 15,000 euros from 10,000 euros where it stands now, with a possible increase in the advance payment percentage as well.
Through the issuance of new bonds recently, the banks have significantly improved their capital positions while at the same time reducing the average cost of servicing their obligations.
Both Greek, Cypriot energy ministers merely note that negotiations will continue; Nicosia has tabled reservations over cost-sharing, project's viability
Olive oil, a cooking staple in the country, recorded a whopping price hike of 49.1%
The seasonally adjusted General Industrial Production Index in Greece for July 2024, compared to June 2024, showed an increase of 1.7%
While the Greek exports to Turkey were down, the balance of Greek imports from Turkey during the same period amounted to $2.31 billion, compared to $1.88 billion in the first half of 2023, showing an increase of 22.8%.
The 2-billion-euro Israel-Cyprus-Greece project, the Great Sea Interconnector (the GSI cable), remains in limbo over financial, geopolitical concerns
Some of the other issues the Minister touched upon during the interview were Greek energy in shipping, the costs of ferries, and illegal migration.
The Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE) said the Greek government was overlooking small businesses in favor of larger enterprises
Pavlos Mylonas spoke at the annual Energy conference, co-organized by the Greek-American Chamber of Commerce and the Hellenic Association for Energy Economics at the Thessaloniki Trade Fair (TIF)
As for the increase in the minimum wage, she reminded that it currently stands at 830 euros with the government’s goal being to reach 950 euros by 2027.
These targeted measures signal the government’s intention to put a stop to the uncontrollable expansion of Airbnb’s across the county
However, thousands of taxpayers will benefit from a discount of up to 20% on the ENFIA tax they will be required to pay.
Analyst Orestis Omran, during an interview at the OT.gr studio within TIF: 'Implementation of the project will contribute to lifting Cyprus' energy isolation'
As per inflation, Greece’s central bank expects a continued slowdown this year, with the inflation rate dropping to 3%
According to Greek Energy and Environment Minister Thodoros Skylakakis, 'what we expected didn’t occur' in relation to Great Sea Interconnector
Hellas Gold is a subsidiary of Canadian multinational Eldorado Gold, and has received the mining rights for the Skouries mine, Olympias and Stratoni mines in northern Greece's Halkidiki prefecture
Based on the available seasonally adjusted data, the Gross Domestic Product in terms of volume increased by 1.1% in Q2 2024, compared to Q1 2024
Inter-bank direct payment system, via mostly smartphones, now obligatory for certain castes of occupations; 34 million transactions so far in 2024
The number of persons employed amounted to σε 4,327,825, ELSTAT reports