Early holiday timing, rising costs and regional tensions weigh on demand, even as state subsidies help keep ticket prices steady.
The Bank of Greece governor says the current inflation surge, driven by global shocks, may be more difficult to manage than the 2021–22 episode, as expectations shift and repeated disruptions test central banks
A new report by IOBE breaks down the private debt figure in Greece: the largest creditor; servicers, and social security obligations
The Greek industrial group is capitalizing on rising aluminum and gas prices, supply disruptions and its renewables strategy, positioning itself as a rare beneficiary of geopolitical turmoil.
Luxury hotels cut prices and tour operators add flexibility as geopolitical tensions begin to slow bookings and air travel to Greece.
The wage increase lifts nominal pay for 700,000 workers, but faster-rising energy, housing and food costs, weak purchasing power and pressure on businesses mean much of the gain is quickly absorbed, limiting its impact on real incomes.
EU ministers rule out fiscal flexibility despite rising energy costs, forcing countries like Greece to rely on limited national budgets as inflation risks intensify
Following multiple consultations with the European Commission (EC), the Hellenic Gas Transmission System Operator TSO (DESFA), along with the other 5 operators of the strategic Vertical Gas Corridor initiative, agreed on the commercial promotion of the project. The agreement, signed in Athens on Friday, marks a milestone for the wider region in an ever-shifting energy […]
Morningstar DBRS has left its forecast for Greece’s economic growth in 2026 unchanged at 2%, despite heightened geopolitical uncertainty, while slightly trimming its 2027 outlook to 1.8%. In an update to its baseline macroeconomic scenarios, the ratings agency said the projections reflect current market consensus, drawing on the median estimates of a broad range of […]
According to Bloomberg, a Greek-owned and managed tanker carrying Saudi crude reached India after crossing the Strait of Hormuz, as traffic through the key energy corridor remains sharply reduced amid attacks and rising security risks.
Eurozone finance ministers hold emergency talks as oil tops $100, driving up costs for households and businesses and raising concerns over a new inflation cycle and the bloc’s ability to respond in time.
In its preliminary assessment, the European Commission (EC) announced on Thursday that it had agreed to a December double request by the Greek authorities for a payment amounting to €1.18 billion from the Recovery and Resilience Facility (RRF). This is the 7th fund request and the 6th request for loans from the RRF, which has […]
As part of the deal, Motor Oil Hellas and Alter Ego Media will enter the shareholding structure of the company that operates the ANT1+ platform, the first Greek streaming platform and one that has recorded significant growth
Stronger fiscal results were driven by lower spending and timing effects, offsetting softer tax revenue early in the year.
ENFIA data shows rising real estate valuations and a strong concentration of wealth in Attica, which accounts for more than half of total property value and tax revenue.
The sudden clampdown follows the detection of foot-and-mouth disease on the island of Lesbos last week.
Prime Minister Kyriakos Mitsotakis announces a 40-euro monthly increase, affecting private and public sector workers while boosting social benefits and setting targets for higher wages in 2027.
Karalis won the silver medal with his second-place 6.05-meter jump at the World Indoor Pole Vault Championships in Kujawy Pomorze, Poland, on Saturday
Greece’s short-term economic outlook remained favorable
Greek food and hospitality brand targets London, Asia and U.S. growth as it strengthens its international footprint and promotes Greek gastronomy worldwide.