Finance

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

Central banker underscored the significance of leveraging available European funds, particularly the Recovery and Resilience Facility (RRF) in strategic sectors of the economy

The airport is estimated to serve around 43.7 million passengers by 2023, approaching its 50 million passenger capacity limits, with projections indicating an increase to 28.2 million passengers in 2023

Conversely, the growth forecast in 2023 lowered to 2.2% of GDP instead of previously announced 2.4%

The tax bill will be inflated for freelancers, self-employed individuals, and sole proprietorships that have in the past reported very low or even zero incomes

According to a recent survey, Israelis are the top buyers, followed by Chinese nationals and Germans

The squeeze on household spending means Greeks are only reaching into their pockets for absolute necessities and low cost items

The level of the fee depends upon the time of year tourists will visit and the category of hotel or accommodation they stay at

AIA operates the Eleftherios Venizelos International Airport of Athens, the biggest and busiest airport in the country

The IMF predicts a real GDP growth of 2.3% in 2023 (revised from the previous 2.5%) and 2.1% in 2024 (revised from 2%). Regarding inflation, the estimate suggests a decrease from 4.2% in 2023 to 2.8% in the current year

Plumbers, doctors, lawyers, taxi operators, merchants, car repair shops and kiosks must provide customers with the ability to pay via their mobile phones

The annual survey conducted by the Institute of Economic and Industrial Research (IME-GSEVEE) the research body of the Institute, sheds light on the financial struggles Greek households were facing in 2023

From March 1st, if all goes as planned, the keyboards of POS systems will be "locked." This implies that Electronic Funds Transfer (EFT) POS terminals will no longer operate independently for debit transactions

As emphasized by Tsigaras the Bulgarians are the big spenders with investors from Israel seeking to purchase lower priced properties with aim to renovate and sell at a higher price making a lucrative profit.

The plan was announced last week but must still get support from the European Council and pass through the European Parliament

The announcement was made by the President and CEO of PPC, George Stasis at Capital Markets Day in London

It should be recalled that the American investment bank had initially recommended a long position in Greek 10-year bonds in December (18/12).

Former US treasury secretary Larry Summers was joined in a panel discussion by Jerry Kalogiratos, CEO of Capital Product Partners, and Angeliki Frangou, CEO of Navios Maritime Partners

As Stavros Kafounis, the president of the Athens Chamber of Commerce, points out, retail – excluding the sectors of food, automobiles, and fuels – "achieved" the target of 11 billion euros set for the sales of the fourth quarter of 2023, with store owners expressing satisfaction

Citizens' complaints about tax evasion and customs violations have increased sharply and total 158,939