The successive crises widened inequalities in Greek society and hampered retail businesses, particularly smaller ones, leaving them stagnant and with limited growth prospects.
Catch up on the most important events in Greece from the day before with To Vima's News Wrap-up
Influential Greek central banker addresses event at the University of Liverpool
A list of investment schemes whose expressions of interest were approved during the first phase of the tender was announced
The Bruegel Institute said only one in two individuals in the European Union, on average, was financially knowledgeable.
Eligibility extends to young individuals, including Greek students, graduates, postgraduates, doctoral students, recently unemployed professionals, and early-stage startups with a focus on technology and entrepreneurship
In Greece, the discussions between the four systemic groups and the system supervisor regarding the distribution of dividends from last year's profits are reaching their final stages, with favorable terms
Rather, the focus lies on the quality of tourist arrivals and their economic impact, prioritizing sustainable growth and meaningful contributions to the local economy.
He added that recent data shows that the goal to keep inflation at 2% will be reached in the autumn
Nevertheless, the Economic Sentiment Indicator, reflecting public perception of the economy, has turned positive after the pandemic-induced downturn from March 2020 to April 2021, this positive shift has stabilized consumption, with retail trade gaining momentum since May 2022.
The popularity of co-living is increasing in Greece, with 57% considering it, drawn by cost-effective shared amenities (26.7%) and reduced isolation (22.7%).
The country's efforts at digitalization and in combatting tax evasion seem to be bearing fruit
Eurobank became the first completely restored private bank, with the repurchase of the state's stake (1.8%) in October 2023.
The record-breaking performance of the Greek tourism sector in 2023 is reflected in the Bank of Greece (BoG) provisional data published, as 32.73 million tourists visited Greece, compared to 31.34 million in 2019
Mitsotakis underlined the potential of the Greek economy highlighting the country’s return to a stable growth path, while briefing the attendees on the significant investment opportunities opening up
Minister of Rural Development and Food, Lefteris Avgenakis highlights the significance of this gathering, uniting stakeholders to devise solutions for a brighter future
The most recent development involves the signing of a memorandum of cooperation between the Ministry of Digital Governance and the Ministry of Investments of the United Arab Emirates to implement investments from the UAE for the creation of data centers in Greece.
Indicative of this trend is the research by the World Coffee Portal, which predicts that the total Greek market for branded coffee will exceed 2,500 outlets by 2028.
Kotsovolos and Jumbo are just two examples of Greek retailers looking to source closer to home in a bid to keep down transport costs