Finance

As per inflation, Greece’s central bank expects a continued slowdown this year, with the inflation rate dropping to 3%

According to Greek Energy and Environment Minister Thodoros Skylakakis, 'what we expected didn’t occur' in relation to Great Sea Interconnector

Hellas Gold is a subsidiary of Canadian multinational Eldorado Gold, and has received the mining rights for the Skouries mine, Olympias and Stratoni mines in northern Greece's Halkidiki prefecture

Based on the available seasonally adjusted data, the Gross Domestic Product in terms of volume increased by 1.1% in Q2 2024, compared to Q1 2024

Inter-bank direct payment system, via mostly smartphones, now obligatory for certain castes of occupations; 34 million transactions so far in 2024

The number of persons employed amounted to σε 4,327,825, ELSTAT reports

Reduction of the instant payment fee via internet and mobile banking for amounts up to 500 euros from 2.50 to 1.50 euros.

Flight numbers at AIA, during the first eight months of 2024 recorded an 11.8% increase compared to the same period last year, with the flights reaching 180,594.

The president notes the need to strengthen export companies under the development law and provide tax incentives for these businesses.

Yesterday’s News Wrap-up includes the following: Weapons, Ammunition Cache Discovered After Teen Shot in Head Authorities found nearly 10,000 shotgun shells, three handguns, two rifles, a revolver, two active WWII-era grenades, four defused grenades and various flares LNG Terminal in Alexandroupolis to Operate on October 1st Konstantinos Xifaras, the CEO of Public Gas Corporation of […]

The preliminary assessment said that Greece had fulfilled all the prerequisites for the disbursement of €1 billion in grants as part of the Recovery and Resilience Facility (RRF)

The DEPA CEO noted in his post: "This extremely important project will be pivotal in establishing a dynamic regional hub for natural gas trading in Southeastern and Central Europe, significantly enhancing the region's energy security.

However, more recently, Greece appears to be temporarily decoupling from the typical peripheral exposure to this risk factor, BofA notes.

The deal will allow the two Mediterranean-based carrier partners to map out a course based on healthy finances amid an increasingly competitive industry in Europe

In recent years, the Black Friday craze has crossed Greek borders, with many consumers choosing to purchase their Christmas gifts well in advance, taking advantage of the discounts.

Owners of vehicles declared as immobilized but found on the road will face stricter penalties and fines

Greece's olive oil prices grew 56% from July 2023 to July 2024. While wholesale prices have started to decline, the cost-savings hasn't been passed-off to consumers yet.

Citizens who submit a purchase application can pay the property price either in full or in 60, interest-free, equal monthly instalments, with a minimum instalment amount of 100 euros.

The AT1 issue was greeted with high demand by more some 250 international and domestic investors, with the amount offered reaching 2.9 billion euros

In the section about Greece in its “Global Economics & Strategy” report, the firm highlights the primary fiscal surplus in the 2nd half of 2024 exceeded the €1.2 billion target set, reaching €2.9 billion