Finance

Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%.

Very high demand pushed down the coupon's interest rate to 4.125%

The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing

Meanwhile, Greece's smooth debt restructuring includes an early repayment decision of up to five billion euros from in bailout loans extended by the Eurozone

The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685

This year, hit by persistent inflation, many Greeks will be dishing out less on food, drink and gifts for Orthodox Easter on May 5

Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy.

Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%

"Rebrain Greece Strategy: Connecting talents with leading enterprises" event, co-organized by the Greek Ministry of Labor and Social Security and major Greek industry leaders, was held successfully in London on April 20

The country has relied solely on international markets for its borrowing needs since a third institutional bailout ended in 2018

The rise in travel receipts emanated from a 20.7% increase in inbound traveller flows

The Premier made statement during a visit an an open vegetable market

As the figures revealed the number of debtors totaled 3.87 individuals and legal entities

Greek debt saw a slight dip to 356.7 billion euros by the end of 2023, down from 356.8 billion euros a year prior

As previously reported by OT, more than 60 hotel projects are set to be developed in Greece over the next four years

Geoaxis estimates that the different dynamics in the office market will continue into 2024/2025, predicting stability for older offices, increased demand for renovated spaces, and a slowdown in the rise of rents for modern, green offices

All new mothers in Greece will now be entitled to 9 months of paid maternity leave, regardless of where they work, and a higher one-off financial support payment upon giving birth

The Contribution of Charles Dallara

As part of the program, Greek retailers are obliged to identify the lowest prices of certain categories of products traditionally purchased as Easter gifts by godparents for their godchildren between April 22 until May 4

AB Vassilopoulos hopes its focus on its private label, addition of 2-3 company supermarkets and another 50 franchises will help it surpass LIDL