The EU Commission’s “Post-Programme Surveillance Report” on the Greek economy, released on Thursday in Brussels, underlines that the country retains the capacity to service its debt. The Autumn 2023 Report, compiled under the direction of the Directorate-General for Economic and Financial Affairs, adds that “…Despite several challenges, the Greek economic, fiscal, and financial situation continues […]
Addressing inflation requires businesses to control markups, the report points out, and authorities to intensify short-term controls against profiteering and oligopolistic practices
It's essential to note that the price range reflects variations in product quality, encompassing diverse local markets and different types of stores. Moreover, the reported prices serve as indicators, attempting to outline the general price distribution and market overview
Expressing hope for further reforms, DEOPEL underscores the necessity for the government to tackle the chronic issue of migrant field labor shortage urgently
The leaders are the Southern Aegean, accounting for 27% of revenues, Crete with 21%, Attica with 17%
From the new year, the reporting requirement will apply to most companies already filing NFRD, and will gradually extend to capture almost all EU and non-EU companies by 2028
Athens appeared satisfied with Wednesday’s agreement by EU finance ministers (ECOFIN) over a new European Stability and Growth Pact
Men accounted for 35.8% of the unemployment figure, with women totaling two-third of registered jobless
BoG interim report forecasts 2.5% growth rate in 2024, 2025
According to the provisional report on the Monetary Policy by the Bank of Greece (BoG), expectations for the near future remain cautiously positive, influenced by key factors such as international developments, high inflation, increased interest rate
According to the agreement, the Intrakat Group is set to transfer six operational and under-development RE projects to DEI Renewables, totaling approximately 164 MW
AADE eyes projects funded by Recovery and Resilience Fund to harness AI technologies, other advanced data analysis tools for 'intelligent' cross-checking
Currently, Brent crude stands at $79.82 per barrel, marking a 0.58% increase, while U.S. crude is at $74.53, marking a 0.57% increase
Maersk expects delays of two to four weeks for European destinations
Three years after the pandemic the company has met its targets and plans to grow its fleet in 2024
The Meliá Hotels International (MHI) chain has observed a surge in tourist bookings for 2023 compared to the previous year, indicating a notable increase in travel interest in the country.
DBRS on Tuesday revised, downward, its forecast for Greek economic growth in 2024, projecting a rise in GDP by 1.3%, down from a previous 2.2%. The international ratings agency’s forecast for 2025 is 2%. On the “upside”, DBRS said unemployment is expected to decrease below the 10%-threshold in 2024, continuing to fall in 2025 to […]
Annual inflation rate in the Eurozone at 2.4% last month
Commission approves €150 million Greek scheme to support energy-intensive companies in the context of Russia's war against Ukraine
According to Deloitte research presented at the forum, Gen AI's potential impact on the country's GDP is significant, estimated at +5.5% by 2030, with potential growth up to +9.8%