Owner of Minoan Lines Grimaldi Group acquired a 67% share of the port for a total price of 80 million euros.
The Commission's preliminary assessment of Greece's request, completed on June 14, 2024, was positive, reflecting Greece's successful implementation of its recovery and resilience plan.
Streamlined process envisioned in draft law aims to cut 'red tape' in real estate transactions, including parental transfers of property to offspring
Greece's growth in short-term bookings in Q4 2023 on platforms like Airbnb outpaced the EU average, recording a 28.7% increase compared to Q4 2022, higher than the EU's average growth of 22.7%
Economy and Finance Minister Kostis Hatzidakis added: If deal for Attica Bank, Pancreta Bank falls through then both institutions risk collapse
Eurobank CEO Fokion Karavias also revealed that a public offer to acquire 100% of Hellenic Bank on Cyprus is underway
The Katlan project is expected to unlock additional value in Israeli waters, enhancing energy security and supporting sustainable development in both Israel and the wider region.
Uber, the US-based multinational said use of the app to hail a ride in Greece last April was up 72% compared with April 2023
At the same time, the formerly bailed east Mediterranean country records the biggest decrease in debt-to-GDP, on a quarterly basis
The Hellenic Competition Commission will focus on interest-bearing deposit rates - criticized as low - offered over past years by Greek banks
The Greek state aims to raise 500 million euros, according to the Public Debt Management Agency (PDMA)
This contrasts with a 12.5% decrease observed in May 2023 compared to May 2022.
Food inflation in Greece is comparable to the EU27 average, while Greek wages, in terms of purchasing power, are only higher than those in Bulgaria
The new notes are expected to be listed for trading on the Euro MTF market of the Luxembourg Stock Exchange.
Unrecognizable QR codes on receipts given to customers for their purchases led to initial complaints and subsequent Operation Paper Dragon
Additionally, the German energy giant RWE has established a strategic partnership with the Public Power Corporation (PPC) for the development of renewable energy projects worth over 1 billion euros in Greece
The uniform yield reached 2.81%, while the cut-off price was 104.570
The central government posted a primary balance surplus of 2.9 billion euros in January-June 2024 period, up from 1.519 billion euros in H1 2023, the Bank of Greece (BoG) announced on Wednesday. Specifically, Greece’s central bank said the central government cash balance posted a deficit of 1.558 billion euros in the January-June 2024 period, compared […]
Final figures on inflation for Greece came in slightly worse than the preliminary figure of 2.4%, released by ELSTAT at the start of July
Skylakakis outlined the government's initiatives but withheld specifics regarding the emergency tax and bill subsidies, which are slated for finalization by late July.