Finance

Almost all industries that adopted the digital card have seen a rise in reported and recorded overtime hours, across the country.

The report points out that private consumption is expected to benefit from a rise in real disposable income in the wake of a fall in inflation vis-à-vis the rise in nominal wages

The seller is expected to receive more than 700 million euros for 10% of the bank's shares.

According to Eurostat, Greece posted the highest annual change in prices for the month of September with 1.7%, followed by Portugal and Italy with 1.2%.

The total number of individuals without work in the country amounted to 444,402, marking a decrease of 90,496 persons in comparison with August 2023.

At the same time, the consumer price index in the Eurozone increased by 1.8% during the same month (down from 2.2% in Aug.), falling below the European Central Bank's (ECB) target of 2%.

The energy ministers of Greece, Bulgaria and Romania said sharp price hikes in SE Europe's wholesale power markets last summer wer due to external factors

Clear, aniseed-flavored ouzo continues to lead all other Greek spirits in terms of export value and quantity. First-half 2024 results show that ouzo accounts for 59% of the former and 71% of the latter. Germany remains the biggest consumer of ouzo worldwide, accounting for 43% of the liquor’s exports from Greece, according to recent figures […]

The concerning figures come in spite of the summer sales by retailers, as consumers are trying to make ends meet due to the rising cost of living.

This means that Greece could raise up to 727.2 million euros from the sale.

The auction of the 13-week T-Bills was announced by Greece's Public Debt Management Agency on Friday and only primary dealers are eligible to participate.

The conservative estimates of potential reserves are around 24 trillion cubic feet (680 billion cubic meters) of natural gas, according to the report.

60 % of the companies admitted that attracting skilled employees has become more difficult due to wage levels.

This subsequent debt repayment is expected to be completed by Sept. 2025, with an amount of at least 5 billion euros.

"When visitors return to their home countries and see a Greek wine in the market, they will remember it and buy it. Essentially, we have 33 million potential ambassadors for our wine,"

Total revenues for the January-June 2024 period reached 107.1 million euros, compared to 102.4 million euros in the corresponding period of 2023

A risk of poverty, not actual poverty, threatens 18.7% of the population in 2023, an increase from 17.4 % the previous year

The highest average annual expenditure was recorded in the Attica region, amounting to 23,325.96 euros, while the lowest was in Central Greece, at 14,052.24 euros.

The government instituted an additional 40-euro pay rise to employees earning the minimum wage in Greece last April

This recognition highlights the growing influence of Greek businesses at a European level, leading the way in creating great workplaces for all