Finance

The Modernization Fund was established to support EU member states with a GDP per capita below 60% of the EU average in achieving the goals of decarbonization and transitioning to a zero-emission economy

In 2023, Greece represented approximately 4.7% of U.S olive oil imports (up from 3.3% in 2022), holding the 5th position in the market

Under the sharp scrutiny of investigative and regulatory agencies in Cyprus lie the shareholders of Intellexa, a notorious player in the production and distribution of surveillance software, notably the spyware Predator. The Intellexa’s operations have drawn the attention of American authorities, while, in a parallel investigation spanning the last two years, the Greek justice system […]

The amendment aims to ensure the availability of affordable housing and to close loopholes that enabled third-country nationals to exploit golden visas for financial gain

Catch up on the most important events in Greece from the day before with To Vima's News Wrap-up

Greece's central banker also said high market prices in the country bely a problem with competitiveness

Downward unemployment trend continues in east Mediterranean country

The increase in private consumption accelerated faster than anticipated, rising by 1.4% quarterly in the last quarter of 2023, while exports also provided an upward surprise, recording a 0.4% increase

The analysis warns that higher inflation compared to key trading partners due to excessive wage increases would harm the country's international competitiveness

According to the Greek Tourism Confederation (SETE), the average hotel occupancy rates in the country witnessed a new uptick in January and February this year compared to last year

With a combined investment of approximately 180 million euros, these ventures are expected to generate over 1,000 highly skilled and well-compensated positions.

From today April 1 people will pay higher tolls on Egnatia Motorway, businesses without POS machines will be fined, and Greece transitions into the summer "quiet hours" schedule

Prime Minister Mitsotakis had announced a one-week free holiday for those impacted by the fires, which has turned into a 300-400 euro voucher

The Piraeus Port Authority (PPA) on Friday released 2023 results, which showed revenue and profits reaching record levels during the year, while passenger traffic emanating from both cruises and coastal shipping were also higher, year-to-year. Specifically, the Cosco-controlled and majority owned PPA said revenues reached 219.8 million euros, up 12.9% from 2022 (194.6 million euros). […]

According to an ELSTAT report, the Industrial Producer Price Index (PPI) recorded a 4.3% drop in February 2024, compared to data from February of last year. This comes in stark contrast to the 4.7% increase recorded in February 2023 compared to the same month in 2022. The decrease in 2024 is due to the decrease […]

The current Greek government announced the fourth minimum monthly wage increase since 2019

The measure impacts 110,000 businesses and professionals ranging from taxis and vendors at farmers' markets

The CEO Sebastian Ebel was in Greece for an event of the Rhodes Co-lab Sustainable Destination initiative, a project of the South Aegean Region, TUI and the TUI Care Foundation

Greeks’ purchasing power is under pressure, ranking 26th among 27 EU member states.

According to the Bank of Greece corporate deposits decreased by 912mln euros, compared to a 3.167bln euros decrease the previous month