For many, the 7 percent gain in average wealth is not translating into a better standard of living.
Brussels finds systemic irregularities in Greek handling of agricultural funds; €392 million in EU payments to be withheld
Last month's raid at the OPEKEPE HQ in Athens confiscated data and files, generating eight indictments and charges that will lead to a court trial
Swiss-based multinational investment bank UBS is “bullish” on the Greek economy, expecting it will have a robust performance in 2024-2026 based on the country’s fundamentals. In its analysis, UBS affirms the country’s recovery, pointing to economic growth rates outpacing those of the EU average while also highlighting a steady fall in inflationary pressures. A combination […]
Internal affairs officers of the police department, in the presence of EU prosecutors, conducted a spot raid at the headquarters of the Greek Payment Authority of Common Agricultural Policy (C.A.P.) Aid Schemes (OPEKEPE) in Athens on Monday after allegations of fraud involving agricultural subsidies. Two prosecutors of the European Public Prosecutor’s Office (EPPO) were also […]
These announcements reflect a coordinated effort by the Greek government to modernize maritime infrastructure, support island connectivity, and manage costs for passengers as the summer season approaches.
Special provision is made for individuals who received vouchers under the previous “Recycle – Change Water Heater” initiative but never redeemed them.
Ministry of Environment and Energy has officially announced the framework for electricity subsidies targeting approximately one million businesses across Greece.
Prices appear to be easing in March, with the current average at 89.47 euros per MWh, indicating a downward trend expected to continue.
Around 5,500 of Santorini's residents returned to the island over the past few weeks, resolved to adapt to the "new norm".
The biggest deviation, before and after online and minute-by-minute data streaming began, reached a whopping 272%.
International financial services firm UBS says the valuation of the stocks of the National Bank of Greece (NBG) remains an appealing prospect for investors based on estimates although they have recovered from the lows of the fourth quarter of last year. The Swiss bank notes that while underlying profitability is expected to decline as interest […]
In the second edition of its monthly tracker, which analyzes industry data from the Bank of Greece, UBS notes that while corporate lending growth remains strong, December was a slower month.
An investigation by Politico has uncovered one of the largest fraud cases in Europe's agricultural sector, revealing an elaborate scheme that diverted approximately €45 million in EU subsidies annually.
To receive the subsidy, all invoices must be paid electronically, and the renovated property must be leased for at least three years.
Greek government announces emergency subsidies for February to combat rising energy costs.
The Greek economy is projected to expand at 2.8% in 2025, according to UBS. The Swiss-based international investment bank bases its assessment partly on the utilization of RRF funds. UBS underlines that corporate credit (16% annually) confirms its growth outlook regarding Greece. The bank notes that annual inflation amounted to 2.6% in December 2024, adding, […]
Announcement to investors regarding the offering price of new, ordinary, registered, voting shares of 'Alter Ego Media S.A.'
UBS highlights the positive trends in loans and savings and the financing cost, stressing corporate credit expansion acts as the driving force for the banking sector’s profit margins
Over 1,000 applications were submitted within the first hour as Greece launched its latest housing assistance program.