Finance

Approximately 850-euro-million worth of loans in 2023 were issued via e-banking and mobile banking

The GREGY project aims to bring an underwater cable from Egypt to Greece to transport electricity generated in Egypt, through renewable sources, to Europe

Taxpayers in Attica will be served digitally through the "My Requests" application on the myAADE digital portal (myaade.gov.gr) or via the myAADEapp.

The Commission has ruled that Booking is a "gatekeeper" and must comply with the Digital Marketing Act, addressing complaints by the European Hotel Industry and Hellenic Chamber of Hotels

The data shows that Greece ranks seventh in overall inflation within the eurozone and second in food inflation

Together with other EU countries, Athens successfully blocked a European Commission's proposal affecting the rice industry, namely, to increase allowable levels of a banned pesticide commonly found in rice imported from SE Asia

The Greek government hopes that the airport near the port city of Kavala, to be called Lydia, will serve as another southern Balkan gateway

As Greek companies feel the squeeze of shortages in the labor market, a law that can extend the work week from 5 to 6 days per week kicks in from July 1

The positive balance of expectations for employment witnessed a marginal decline, while the index for production forecasts also recorded a mild drop

Looking ahead, over 40% of businesses prioritize development for 2024, with 65% recognizing the potential of digital business models as sustainable investments.

Speaking about price fairness by multinationals, the Prime Minister emphasized: Europe should also mean similar or uniform prices for the products sold by our multinationals

The Hellenic Federation of Enterprises (SEV) said this includes streamlining the EU's single market and ensuring infrastructure connectivity

Nevertheless, it is emphasized by the competent authority that a reassessment of objective values does not necessarily result in price reductions.

3D seismic surveys were conducted in the two offshore blocks west and southwest of Crete by a consortium comprised of ExxonMobil and HelleniQ Energy

Besides Greek GDP inflation is expected to drop by a substantial 2.4% in 2024, settling at 2.8% from 4.2% in 2023 with 2025 recording a further decline to 2.1%.

Key downside risks remain, associated with possible delays in deploying Recovery and Resilience Facility (RRF) funds and weaknesses in key export markets and tourism source countries

In the first quarter of 2024, Korydallos in the Piraeus region and the burgeoning Attiki Square retain their top spots with impressive yields of 6.3%.

Olive oil (63.7%), fruit (11.6%), fish (10.6%), and mineral water (12.5%) registered the highest increases annually

At the heart of the "Choose France Summit" was the discussion surrounding the production of lead-acid and lithium-ion batteries, crucial for the green transition and storage of renewable energy.

Some of the areas of interest explored included possible collaboration on wind turbines in the Aegean Sea, further tourism cooperation following the visa express