Finance

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

The same international ratings agency in October 2023 raised the country’s creditworthiness to BBB- with a stable outlook

At current prices, exports dropped by 10.3% (‑10.7% at constant prices) and imports grew by 5.7% (9.4% at constant prices).

Greece’s Energy Ministry is pushing legislation to accelerate the construction of the first floating wind farms in Greek seas

Nevertheless, the article also highlights some of the challenges facing the country, with a falling birthrate and labor shortages posing a threat to the long-term outlook, whereas natural disasters partially attributed to climate change, such as major wildfires and unprecedented flooding, are straining state finances

The government's policies to attract foreign property buyers to boot the economy is working, reports German newspaper Handelsblatt

Projected consumer prices are forecast to rise by 2.7%

Russian state natgas exporter Gazprom dominated imports to the country, mostly through the overland pipeline entering via a northern frontier pipeline

The ATHEX-listed developer reported 206 million euros in EBITDA for FY23, a 69%-percent increase from 2022 results

A recent EU inquiry uncovered 358 online influencers, among them 20 in Greece, found to be violating consumer laws.

In the eurozone, the consumer price index (CPI) dropped to 2.4%, while the average EU settled at 2.6%

Greek households appear more pessimistic over the course of inflation in the coming 12-month period, compared with households in the rest of the Eurozone. The average expectations for inflation in Greece over the next 12 months remained stable at 10% in February 2024, while falling slightly in the Eurozone at 3.1%. The sentiments were found […]

It is estimated that an astonishing 131 cruise ships out of the total 412 worldwide will make port calls - a place where a ship stops on its journey - in Greek ports

While these offerings tantalize with the promise of exclusive ownership, the complexities of island ownership and development demands careful consideration and expertise

This is up from a target of 2.133 billion euros over the same period last yeat, and compared to a primary surplus of 3.079 billion in the corresponding quarter last year

Hotelier families from Rhodes and Crete are expanding their businesses, key players in the development of Greek tourism and hotel chains.

Domestically, considering the heightened demand for gasoline and diesel fuel due to increased travel activity expected during the forthcoming summer season, it is improbable that Greek market prices will remain unaffected.

The UK media outlet quotes sources in London’s City as saying a possible LSE listing could propel Mytilineos into ‘blue chip’ trading

The Greek central banker, considered as among the “doves” on the European Central Bank's governing council, also said the latter must differentiate its positions from the FED

Food to go is identified as one of the top trends for 2024 in the grocery sector by McKinsey one of the biggest management consultancy firms operating in Greece.