Acknowledging a boost in the optimism index, signaling hope for the future, Kafounis pledges support for wage hikes, contingent on reducing excessive non-wage costs and permanently scrapping memorandum burdens
If the HFSF decides to place the entirety of its 27% stake in the bank, it could mean over 1.2 billion euros in proceeds for the Greek state
The request comes as virtually all Greek businesses are now mandated to install POS devices and business owners, particularly those selling low-cost products, complain that commissions eat up their profit margins
He added: Greece's accession to the euro-zone was the right decision
The positive trend is reflected by the high demand expectations of Greek hoteliers, according to the study, with the relevant index reaching its highest historical point in the January-February period
In contrast, the Eurozone faces persistent challenges as evidenced by stagnant growth in the fourth quarter of 2023, registering a mere 0.1% annual increase
Despite a three-month ban on offers, Aristotle Panteliadis, president of the Supermarket Association, said re-pricing for four out of five products remain in effect
A total of 112,000 new businesses were started in 2023, up by 6.1% over 2022, mainly in construction, transportation and storage.
An electronic data collection mechanism will be linked to Tax Warehouses and Customs Warehouses input-output analysis systems, while a digital application will allow for registration of Energy Products by bunker vessels
However, concerns arise as milestones now involve not only reforms and legislation but also project assignments, highlighting the government's lack of readiness in many cases
At the same time, reliable sources reveal that top universities, including MIT, Yale, and Harvard, visited the Ellinikon mega-project site where Lamda Development showcased its redevelopment plans.
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The Greek business envoy aimed to promote exports to one of the fastest-growing economies in the world, promote investment and export opportunities, and of course, deepen the cooperation between the two business communities
The primary objective is to raise the investment threshold for obtaining the Golden Visa, to put a brake on the frenzied pace of demand recorded in the expensive areas of the two major urban centers (Athens and Thessaloniki).
Making card payments seems to be particularly widespread and has become a systematic practice in Greek consumers' everyday life
Greece witnessed the second-highest price hike (+67%) compared to 2023, with Portugal taking the top spot (+69%) and Spain rounding off the top three most expensive countries in the EU
Some pundits estimate the cost of transporting a container from Asia to Piraeus had almost tripled, from €2,000 to €6,000-€7,000, since the crisis with the Houthis broke out at the end of November 2023.
Athens is due to welcome several new hotels in the coming years. Among the highlights is the "91 Athens Riviera," a luxury camping resort managed by Domes Resorts
Hotel chamber also wants stricter guidelines for rival AirBnB-style short-term rentals
Enhanced stores will serve as both retail spaces and distribution centers, facilitating a more efficient hybrid retail model.