Finance

At the same time, reliable sources reveal that top universities, including MIT, Yale, and Harvard, visited the Ellinikon mega-project site where Lamda Development showcased its redevelopment plans.

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

The Greek business envoy aimed to promote exports to one of the fastest-growing economies in the world, promote investment and export opportunities, and of course, deepen the cooperation between the two business communities

The primary objective is to raise the investment threshold for obtaining the Golden Visa, to put a brake on the frenzied pace of demand recorded in the expensive areas of the two major urban centers (Athens and Thessaloniki).

Making card payments seems to be particularly widespread and has become a systematic practice in Greek consumers' everyday life

Greece witnessed the second-highest price hike (+67%) compared to 2023, with Portugal taking the top spot (+69%) and Spain rounding off the top three most expensive countries in the EU

Some pundits estimate the cost of transporting a container from Asia to Piraeus had almost tripled, from €2,000 to €6,000-€7,000, since the crisis with the Houthis broke out at the end of November 2023.

Athens is due to welcome several new hotels in the coming years. Among the highlights is the "91 Athens Riviera," a luxury camping resort managed by Domes Resorts

Hotel chamber also wants stricter guidelines for rival AirBnB-style short-term rentals

Enhanced stores will serve as both retail spaces and distribution centers, facilitating a more efficient hybrid retail model.

The successive crises widened inequalities in Greek society and hampered retail businesses, particularly smaller ones, leaving them stagnant and with limited growth prospects.

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

Influential Greek central banker addresses event at the University of Liverpool

A list of investment schemes whose expressions of interest were approved during the first phase of the tender was announced

The Bruegel Institute said only one in two individuals in the European Union, on average, was financially knowledgeable.

Eligibility extends to young individuals, including Greek students, graduates, postgraduates, doctoral students, recently unemployed professionals, and early-stage startups with a focus on technology and entrepreneurship

In Greece, the discussions between the four systemic groups and the system supervisor regarding the distribution of dividends from last year's profits are reaching their final stages, with favorable terms

Rather, the focus lies on the quality of tourist arrivals and their economic impact, prioritizing sustainable growth and meaningful contributions to the local economy.

He added that recent data shows that the goal to keep inflation at 2% will be reached in the autumn

Nevertheless, the Economic Sentiment Indicator, reflecting public perception of the economy, has turned positive after the pandemic-induced downturn from March 2020 to April 2021, this positive shift has stabilized consumption, with retail trade gaining momentum since May 2022.