Finance

The Easter 2025 Holiday Shopping Hours officially begin today, Thursday, April 10, in Athens and Thessaloniki, with extended opening times to accommodate holiday shoppers.

The financial results for the year ended on 31.12.2024 of Alter Ego Media, the country's major media group, demonstrate strong growth across all financial indicators.

The information comes from a recently published report by Hydrogen Europe, which shows that while Germany and France lead in absorbing hydrogen funding, Greece, Poland, Portugal, and Slovakia significantly lag behind.

To address the deepening housing crisis, Greece's central bank advocates for broader policy reforms.

American multinational investment bank Jefferies sees both opportunities and risks in European bank stocks, highlighting the National Bank of Greece (NBG) as a top pick in its “top five” due to its significant 10% payout and a CET1 ratio of 18%. In general, Jefferies believes Greek banks are relatively insulated, or essentially isolated, from the […]

The yield on Greece's 10-year government bond has climbed above 3.6%, while the spread over the benchmark German Bund is edging back toward triple digits, reaching 97 basis points.

With over 1,000 speakers representing 70 countries, the Delphi Economic Forum continues to solidify its role as a truly global institution.

PPC’s strategic plan includes investments of €5.8 billion—potentially rising to €12 billion—in Western Macedonia, focusing on the development of technological infrastructure such as a Mega Data Center and large-scale energy storage projects.

Greece battles egg fraud as Easter demand peaks, with mislabeled imports sold as local products or cage-free.

In total, Greek food exports make up around 31% of the country’s export basket to the U.S., with table olives alone representing €212 million of that value

As political pundits and commentators are trying to analyze the possible negative impact of U.S. President Donald Trump’s tariffs on sectors of the global economy, the Piraeus Chamber of Commerce expressed serious concern over the potential consequences of these measures on European products. The tariffs, aimed at reducing the U.S. trade deficit, are expected to […]

The subsidies for energy storage projects are designed to encourage efficiency, says a Ministry source.

Trump tariffs are expected to negatively affect economic growth in the Eurozone while Greece's exports could take a hit.

Adjusted EBITDA for 2024 was down 33% yoy. The adjusted profit after tax for 2024 stood at 504 million euros, a 43% decrease from the previous year

Greece appears to be in a more difficult position when it comes to price hikes, just as we enter the era of Trump’s tariffs.

Chinese investors, who represent the largest group of Golden Visa holders, favor long-term leasing as a strategy to secure stable income for at least three years.

Fitch Ratings Agency upgraded the four systemic Greek banks in its latest report. The National Bank of Greece (NBG) and Eurobank lead the way, as their ratings were raised to “BBB-” from “BB+” with a stable outlook. Meanwhile, Alpha Bank and Piraeus Bank were upgraded to “BB+” from “BB,” with a positive outlook. NBG’s upgrade reflects […]

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.