Finance

Passenger traffic at the Athens International Airport (AIA) amounted to 2.49 million during April 2024

Amid international uncertainty and armed conflicts in Gaza and Ukraine in 2023, Greek exports continued to decline, ending the year with an 8.5% drop

George Gavriilidis, CEO of the real estate consultancy Elxis highlights that Greek buyers are increasingly drawn to emerging locales.

McDonald’s has finally won over consumers in Greece, reporting record gains and planning more outlets.

Titan Group subsidiary Titan American will be listed in a New York stock exchange, with the details pending

Greek Golden Visa applications reached 2,644 in the first quarter of 2024, marking a 12% increase compared to 2023, which saw 2,364 applications

Greece is second only to Chile (20%) in terms of the production of photovoltaics, and the share of solar production in the electricity mix with 19%

Both domestic and international passenger traffic grew by 8.4% and 20.2%, respectively.

Overall, CEOs of major food chains express cautious optimism for market conditions in 2024, noting signs of hope compared to the previous year.

Goldman Sachs sees an upgrade of the Greek stock market

Guided by sustainability and the search for quality products, consumers are increasingly turning to the growing market for second-hand clothing. The increased demand for second hand clothes, which has been an international trend for several years, is reflected in data published by the Greek statistical authority (ELSTAT). According to this data, “Retail sales of second-hand […]

The international organization calculates an average of 6.7 billion USD in Greece over the 2021-2023 period, up from 4.15 billion USD in 2017-2019

Ioannis Tsakiris started the new role May 1 after spending 15 years at the European Investment Fund (EIF) and serving as Greece’s Deputy Minister for Development and Investments

According to figures released by Eurostat, the Benelux Grand Duchy of Luxembourg, one of Europe’s hubs for finance, is in first place

By April 22, funds totaling 5.75 billion euros had been transferred for approved projects of the Recovery Fund to entities within and outside the general government and final recipients

This has led to a notable escalation in renovation costs, with average prices per square meter exceeding previous norms and reaching even 1,000 euros in premium locations

The number of unemployed individuals stood at 492,867 persons, a drop of 47,319 persons compared to March 2023

According to INCOFRUIT-HELLAS, the Association of Greek Fruit, Vegetable, and Juice Exporting Companies, the most notable increase was in potato imports, soaring to 44,590 tons (+102.5%) from 22,018 tons in April 2023.

However, the OECD highlights challenges including the need to enhance productivity and fiscal adjustment due to high debt levels.

Despite a funding slowdown in 2023, Greece's startup scene is poised for a strong 2024 fueled by headline-making exits