According to the Greek Tourism Confederation (SETE), the average hotel occupancy rates in the country witnessed a new uptick in January and February this year compared to last year
With a combined investment of approximately 180 million euros, these ventures are expected to generate over 1,000 highly skilled and well-compensated positions.
From today April 1 people will pay higher tolls on Egnatia Motorway, businesses without POS machines will be fined, and Greece transitions into the summer "quiet hours" schedule
Prime Minister Mitsotakis had announced a one-week free holiday for those impacted by the fires, which has turned into a 300-400 euro voucher
The Piraeus Port Authority (PPA) on Friday released 2023 results, which showed revenue and profits reaching record levels during the year, while passenger traffic emanating from both cruises and coastal shipping were also higher, year-to-year. Specifically, the Cosco-controlled and majority owned PPA said revenues reached 219.8 million euros, up 12.9% from 2022 (194.6 million euros). […]
According to an ELSTAT report, the Industrial Producer Price Index (PPI) recorded a 4.3% drop in February 2024, compared to data from February of last year. This comes in stark contrast to the 4.7% increase recorded in February 2023 compared to the same month in 2022. The decrease in 2024 is due to the decrease […]
The current Greek government announced the fourth minimum monthly wage increase since 2019
The measure impacts 110,000 businesses and professionals ranging from taxis and vendors at farmers' markets
The CEO Sebastian Ebel was in Greece for an event of the Rhodes Co-lab Sustainable Destination initiative, a project of the South Aegean Region, TUI and the TUI Care Foundation
Greeks’ purchasing power is under pressure, ranking 26th among 27 EU member states.
According to the Bank of Greece corporate deposits decreased by 912mln euros, compared to a 3.167bln euros decrease the previous month
The new amendment will stipulate that tourist enterprises will have a one-year grace period to inform the local authorities about the water flow capacity in the streambed.
The shut down of the two paper mills in northern Greece comes a week after a glass plant closed in Athens
Finally, healthcare financing as a percentage of GDP decreased to 8.5% in 2022 from 9.18% in 2021, as per the Health Accounts System report.
MSC Cruises, a subsidiary of international shipping line Mediterranean Shipping Company S.A, will be sailing to Greek ports as of this month, expanding operations in the region year-round
In contrast, the countries that posted the highest hourly labor costs are Luxembourg (53.9 euros), Norway (51.9 euros), Iceland
The drop follows a significant uptick in the ESI in the second half of 2022 (69.5 units) and a slight decline in the first half of 2023 (66.7 units).
BofA projects growth of 1.1% in 2024 and 1.7% in 2025, compared to forecasts for eurozone growth at 0.4%/1.1%, respectively
This projection is based on the understanding that certain factors that hindered growth in the latter part of the preceding year, such as flood-related agricultural losses, abrupt adjustments in housing investments, and postponed public projects, were temporary setbacks.
In terms of financial obligations, those expiring on March 29 must be settled by March 28. Deposits made after March 28 will reflect in records starting from April 2. These alterations extend to payroll as well.