The import price index in Greece’s industrial sector fell by 8.6% in November 2023 compared with the corresponding month last year, after rising by 15.7% over the November 2021 to November 2022 period, the country’s statistics authority (EL.STAT) announced on Friday. EL.STAT attributed the development to “imported inflation” as well as an 11.6% decrease in […]
De-investment in Greece’s four systemic banks by the Hellenic Financial Stability Fund (HFSF) through public offerings and greater prospects by the local banking sector in financing “real economy” needs was also discussed
This data confirms recent figures released by the European Statistical Authority (Eurostat), according to which inflation saw a spike in both Greece and the Eurozone as a whole in December
An aging population and economic constraints contribute to a strained Greek National Healthcare System (ESY), appearing insufficient in meeting the demands of the times
The previous forecast by the firm on the Greek Stock Exchange was 1,375, with Goldman Sachs reiterating its prior estimation of an 8% rise in earnings per share (EPS) for Greece
As the analysis notes, in 2022, a 68% surge was reported, with property investments reaching 2 billion euros, with the 9-month-term 2023 data marking a 29% uptick compared to the corresponding period of the previous year.
The biopharmaceutical company announced an investment of 120 million euros to expand and upgrade its plant in the Attica region, adding 110 new jobs
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Aegean Airlines on Thursday announced a new annual seat record, saying it sold some 18.5 million seats in 2023, up from 3.1 million compared with 2022 (26%). The airline cited 11.1 million seats for international destinations, up 2.2 million up from 2022, and said its traffic reached 9.2 million passengers, up 29% from the previous […]
Draft legislation aims to establish a clear legal framework that strikes a balance between effectively protecting coastlines, as an environmental element, while not hindering economic development
A positive reversal was recorded after the end of the COVID pandemic lockdowns as Greek households witnessed a substantial rise in wealth to €798.8 billion in the 2nd quarter of 2023, with property largely accounting for the wealth uptick
The trend is reinforced by the positive reviews given by visitors to accommodations, especially in areas like Polygono, the First Cemetery of Athens vicinity, Hellenorossi, and Zappeion
"Cost structures are unforgiving. Let us be cautious not to be led into detrimental practices, as it undermines businesses' ability to grow and provide quality services"
The tanker, St. Nikolas, is a Marshall Islands-flagged oil tanker associated with the Greek shipping company Empire Navigation and was headed for a Turkish refinery
Alpha Finance maintained a “buy” recommendation for the stock.
In the first two months of operation of the new complaints platform by IAPR, over 2,000 reports were filed related to tax and customs violations and corruption, the majority of which were filed under anonymity
Higher costs of living, especially 'biting' prices on supermarket shelves, has emerged as a priority for the Mitsotakis government to handle and deflect criticim
Country in 'top 4' worldwide, along with Japan, Germany and Israel
The index of other manufacturing activities experienced the largest percentage decrease, while the index of the sector manufacturing electronic computers, electronic and optical products marked the highest percentage increase in November 2023 compared to October 2023.
The PM chaired a cabinet meeting on Wedensday where he presented a series of measures to control profiteering