Finance

Signs of reduced consumption were recorded in April, as it appears that ongoing and widespread inflation has created conditions for a downturn in retail.

The survey included 240 representatives from businesses across 15 sectors of the Greek market.

Gek Terna president and CEO Giorgos Peristeris referred to an expansion of the ATHEX-listed multinational’s portfolio on Wednesday, following the announcement last week of a deal with Abu Dhabi-based Masdar for the sale of the former’s renewables subsidiary, Terna Energy. In referring to the three billion euros that will flow back into Gek Terna’s coffers, […]

Prices are expected to continue to grow in 2024, despite the fact that they far outweigh Greeks' increases in income

Short-term rentals in Greece have increased between 10-12%, each month since the start of 2024, while occupancy rates remain stable

On the renewable energy front, Stassis cited cooperation with major partners, including RWE, for projects totaling 940 MW, along with Intrakat for up to 2.7 GW and Metlen for 2 GW

The building permits for the Private Building Activity issued in Greece in March 2024 amounted to 3,728, corresponding to 864,988 m2 of surface and 3,248,483 m3 of volume

Folli Follie founder Dimitris Koutsolioutsos was handed down a 17-year prison term, while his son Tzortzis Koutsolioutsos: 11 years

This evolving approach is exemplified in the recent developments surrounding Helleniq Energy, where the Latsis Group, its primary shareholder, reportedly intends to withdraw from the energy sector

Small businesses have implemented more conservative wage hikes for lower-paying jobs, contrasting with a notable 10% decline in earnings for higher-paid positions.

The fund will focus on a number of sectors, such as technology, telecommunications, transport, logistics, shipping, healthcare, tourism and others, both in Greece and internationally.

The risks surrounding the Bank of Greece's forecasts for the growth of the Greek economy include, among others, the potential worsening of the geopolitical crisis in Ukraine and the Middle East and the consequent impacts on the international economic environment.

University institutions are primarily focused on two key factors: the size of potential buildings, favoring properties with ample square footage, and the location's accessibility.

Canada makes Google pay $74 mln usd annually for distributing news content, and California is considering a similar law in a bid to support its news industry

The number of inbound travelers to Greece in the Jan.-Apr. period increased compared to 2023 with tourists spending more on trips.

A major challenge for returning Stadiou Street to normalcy is the transformation of the Arsakeio Arcade into a multi-purpose space promoting Greek Mediterranean cuisine

Masdar CEO Mohamed Jameel Al Ramahi refers to Abu Dhabi energy group’s strategic deal, by which 'we reinforce our presence in Greece'

The Real Thing, as it was once branded by advertisers, continues to win over consumers in Greece, as the country emerges as one of the world’s top holiday destinations. Coca Cola Tria Epsilon, a subsidiary of the Coca Cola Hellenic Bottling Company (HBC), one of The Coca-Cola Company’s top global anchor bottlers, reported net profits […]

The Elefsina unit, due west of the greater Athens-Piraeus area, recently resumed operation after a high-profile privatization

Already in use by employees in banks, large supermarkets, insurance companies, security firms, and public utilities, the Digital Work Card aims to safeguard workers' rights.