Regarding the 20-acre forested area on the northeastern side of the complex, the plan focuses on creating parks and recreational spaces, worship areas, an amphitheater, and a children's playground
Despite the overall trend, Greece faces persistent challenges with rising food prices, as the food, alcohol and tobacco index totaled 7.1% during the month, on an annual basis, slightly lower than 7.6% in Dec 2023
Similar assessments were made by the new president of the Hellenic Hotel Federation, Yiannis Hatzis, who, forecast that 2024 will be a very good year.
The hydro-pumped storage project is located in Amfilochia and includes 680MW production and 730MW pumping/storage
In 2023, Greece's e-commerce turnover is estimated to surpass 17 billion euros, a 9% increase from 2022. This reflects a continuous upward trend, given that digital purchases were only 6 billion euros in 2018.
Their attacks have prompted major shipping companies to instruct their vessels to avoid the maritime route through the Suez Canal, opting instead to circumnavigate Africa which has resulted in significantly more time-consuming and costly maritime transportation
Minister will be accompanied by a large contingent of business representatives
Greece's Overall PPI in industry decreased 7.1% y-o-y January-December 2023, against a 35% y-o-y increase posted January-December 2022
The analysis said the occupancy levels in Athens’s short-term rentals were steady and revenues per available unit witnessed a 15% increase
Bloomberg noted this was the highest amount ever recorded, as investors rushed to take advantage of high yields before the European Central Bank (ECB) cut interest rates.
The bidding book has closed with offers surpassing 35 billion euros
According to the data, Greeks rank last in per capita income purchasing power, coupled with the sixth-highest indirect tax burden in the European Union
In an interesting contrast, Sweden, Austria, Denmark, Finland, and Italy lack national minimum wages but establish them through collective agreements
By all accounts, such drilling will focus on exploitable natural gas deposits in Greek waters
The five major markets of inbound tourism to Greece, Germany, France, Italy, the UK, and the USA, contributed a total of €8.9 billion for 2023 to the Greek tourism industry, with German travelers taking the lion’s share (€2.9 billion).
The ECB noted that the authenticity of euro banknotes can be verified using the “feel, look, and tilt” method. In 2023, just 16 counterfeits were detected per million genuine banknotes in circulation, which is one of the smallest proportions since the introduction of euro banknotes
The joint transaction is scheduled to commence shortly, contingent upon market conditions
Event aims to facilitate Greek and other EU citizens seeking employment in the sector for the 2024 summer tourist season
An increasingly acute housing shortage in the Greater Athens area is forcing the Greek government to think “out of the box”. One initiative under serious consideration would provide generous subsidies to owners willing to renovate apartments that are currently shut up and offer them for rent. The Greater Athens-Piraeus area is home to roughly half […]
Notably, self-sufficiency in key commodities like beef, pork, cow's milk, and butter remains notably low, ranging from 20% to 60%, underlining the vulnerability of the supply chain