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
In a bid to sustain the construction sector, the Value Added Tax (VAT) on newly constructed properties will maintain its current status quo for an additional year, persisting until the conclusion of 2025
The country-wide checks were carried out Saturday night by IAPR auditors and found that 61% of facilities were in violation, leading to the temporary closure of nine facilities
The high performance of the Greek flag is evident in all categories, both in terms of the United States Coast Guard and in Europe with the Paris MOU, as well as in Asia based on the Tokyo MOU
In the report, the IMF is also raising some concerns about the Greek banking system, urging Greek authorities to take measures
Dominant power utility eyes significant foray into consumer goods sector with the purchase of Kotsovolos chain; auto charging network (PPC Blue) and entry into the telecoms market
Deposits placed by the general government in In December 2023 decreased by 1.060 billion euros, compared with a decrease of 27 million euros in the previous month
The PM said “It is obviously much easier now”, adding that there was much greater interest from foreign investors in all sectors to invest in Greece.
Greece's tourism sector has been growing steadily faster over the last decade, as the number of tourist overnight stays increased by 63% (2013-2023)
Pitsilis disclosed that the E9 form, pertaining to taxpayers engaged in parental benefits and property donations, will be automatically completed through the myProperty platform, aligning with the efforts to enhance efficiency and user-friendliness in Greece's tax system
Hatzidakis notes a significant increase in recorded transactions with professionals having gone up by 300% compared to 2022.