The clock is ticking for Energean to meet tight deadlines for the €1 billion Prinos CO2 Storage project. Meanwhile, Greece already knows Prinos' capacity is not enough, and is exploring solutions in Egypt.
Greece's surge in tax income is attributed to both the higher incomes declared by taxpayers and the imputed taxation system applied to freelancers and self-employed professionals.
Meanwhile, many facilities from the 2004 Athens Olympics, which contributed to Greece's debt crisis, are now abandoned.
Greece's tax authority has been using the help of digital technologies since the start of the year to identify potential cases of tax evasion and readies itself to dole out fines and surcharges
According to Stournaras, the labor shortages are particularly pronounced in sectors critical to the Greek economy, such as tourism, agriculture, and construction
Three of the four bankers have already announced dividends for 2023's results, the first such distribution of profits after three successive bailouts
Focusing on Private Construction Activity during this period, there was a 41.8% increase in building permits nationwide, a 40.2% rise in the area, and a 26.8% expansion in volume
Voting in favor were deputies of ruling New Democracy (ND) and the lesser opposition PASOK party.
The extension was more-or-less expected, as tens of thousands of returns have not been filed, while glitches plagued the online system over the past few days
In his opening address, Chairman Gikas Hardouvelis stressed that the National Bank has turned a new chapter and is now a key player in advancing the domestic banking sector and the Greek economy.
Notably, the bank is slashing fees for the IRIS payments interbank service by 50% for professional use.
The call for proposals, expected this autumn, targets Greek islands and will support hybrid systems that address both water scarcity and renewable power generation.
A new meeting is scheduled for tomorrow morning, just hours before the deadline, to re-evaluate the situation, with the possibility of a brief extension until July 31 remaining.
The field survey saw participation from 5,076 Greek businesses, with results weighted by region and sector of activity to ensure they are representative of the entire country
The Greek government is preparing 6 interventions to its pension system and highlights that retirement age limits will remain unchanged until 2027
A relevant announcement said the merger with Pancreta is expected to be completed by mid September
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%