Finance

Inflation in Greece stood at 3.1% in March, from 3% in February, recording the highest monthly rise (+1.8%) in the Eurozone, according to preliminary estimates from Eurostat. Average inflation in the eurozone settled at 2.2%, compared to 2.3% in February. The high prices in Greece highlight the ongoing cost-of-living pressures in the country. Sources from the […]

Despite the overall decline, unemployment remains higher among women and young people.

The Bank of Greece has raised its inflation forecast for 2024 to 2.9%, up from a previous estimate of 2.5%, suggesting that price pressures will remain higher than initially anticipated.

Chevron recently declared its intent to explore a third area, south of the Peloponnese.

Greek exporters have expressed concerns over a new draft law in Bulgaria that mandates at least 50% of products in stores to be of Bulgarian origin.

Retail trade turnover in Greece saw a 2.5% increase in December 2024, according to data released by the Hellenic Statistical Authority (ELSTAT). In January 2025, the General Turnover Index recorded a 2.5% increase compared to January 2024. Compared to December 2024, it recorded a significant decline of 18.4%. Similarly, the General Volume Index, which measures […]

Metlen Energy & Metals announced on Monday it had signed a Memo of Understanding (MoU) with Italian Iveco Defence Vehicles (IDV) for an exclusive collaboration in joint participation for the upcoming program announced recently by the Greek Defense Ministry for the upgrade of the Hellenic Armed Forces. The agreement with Iveco Defence Vehicles (IDV), a […]

During a May 2024 Q1 earnings call with analysts, Okeanis CEO Aristidis Alafouzos tried to give assurances that the company was not carrying sanctioned Russian oil. Recently published data point to the opposite. On 15 May 2024 Aristidis Alafouzos, CEO of the NYSE-listed Okeanis Eco Tankers, wrote a triumphant tweet about his company’s revenues. On […]

Taxpayers who submit their returns by April 30 will benefit from an increased tax discount of 4% if they opt for a lump-sum payment by July 31, 2025.

In 2007, the Trump Organization explored the possibility of constructing a skyscraper complex and casino at the former Ellinikon Airport site in Athens.

This system calculates the benefit amount under both the current and new frameworks, ensuring recipients receive either the same or a higher amount under the pilot scheme.

The "Easter Basket" which will likely go into effect on Wednesday, April 9, and remain until Holy Saturday, April 19, will traditionally include lamb, goat, Easter bread, chocolate Easter eggs, and other chocolate-based products.