Finance

Eurobank became the first completely restored private bank, with the repurchase of the state's stake (1.8%) in October 2023.

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

The record-breaking performance of the Greek tourism sector in 2023 is reflected in the Bank of Greece (BoG) provisional data published, as 32.73 million tourists visited Greece, compared to 31.34 million in 2019

Mitsotakis underlined the potential of the Greek economy highlighting the country’s return to a stable growth path, while briefing the attendees on the significant investment opportunities opening up

Minister of Rural Development and Food, Lefteris Avgenakis highlights the significance of this gathering, uniting stakeholders to devise solutions for a brighter future

The most recent development involves the signing of a memorandum of cooperation between the Ministry of Digital Governance and the Ministry of Investments of the United Arab Emirates to implement investments from the UAE for the creation of data centers in Greece.

Indicative of this trend is the research by the World Coffee Portal, which predicts that the total Greek market for branded coffee will exceed 2,500 outlets by 2028.

Kotsovolos and Jumbo are just two examples of Greek retailers looking to source closer to home in a bid to keep down transport costs

Special analysis for 2022-23 cites the consequences of price appreciation in housing, energy and food

Greek state raises 812.5 mln euros

European Commission says Greece is moving ahead with the implementation of key investments and reforms according to its National Recovery and Resilience Plan

For the 12-month period of January-December, non-resident traveler arrivals rose by 17.6%, with related receipts increasing by 15.7%

The reason why Feta cheese and cocoa now cost an arm and a leg

A new regulation, set to be tabled in parliament in the coming period, foresees an increase in the minimum golden visa outlay for certain areas at 800,000 euros

As the BoG figures show, travel receipts amounted to 20.459 billion euros, a 12.7% uptick from 18.151 billion euros in 2019

Notably, except for Attica, where per capita GDP is 90% of the European average, in other Greek regions it is below 75% of the EU.

The Greek prime minister admitted that prices are 'much higher than where they were three years ago,' while maintaining that the problem doesn't affect only Greece, but all of Europe

Reports claimed the refinery group was interested in Helektor, a waste management and power generation company

These assets span various sectors including ports, businesses, and tourism properties, presenting a gateway for Indian investors seeking entry into the European market.

The necessary permits and studies are expected to be completed in 2024