Finance

"Cost structures are unforgiving. Let us be cautious not to be led into detrimental practices, as it undermines businesses' ability to grow and provide quality services"

The tanker, St. Nikolas, is a Marshall Islands-flagged oil tanker associated with the Greek shipping company Empire Navigation and was headed for a Turkish refinery

Alpha Finance maintained a “buy” recommendation for the stock.

In the first two months of operation of the new complaints platform by IAPR, over 2,000 reports were filed related to tax and customs violations and corruption, the majority of which were filed under anonymity

Higher costs of living, especially 'biting' prices on supermarket shelves, has emerged as a priority for the Mitsotakis government to handle and deflect criticim

Country in 'top 4' worldwide, along with Japan, Germany and Israel

The index of other manufacturing activities experienced the largest percentage decrease, while the index of the sector manufacturing electronic computers, electronic and optical products marked the highest percentage increase in November 2023 compared to October 2023.

The PM chaired a cabinet meeting on Wedensday where he presented a series of measures to control profiteering

However, supermarkets and department stores saw a decline in EBITDA profits by 9.06% to a 613.3 million euros in 2022 compared to 674.5 million euros in 2021, as this sector had experienced unprecedented profits during the pandemic period of 2020-2021

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

Greek start-ups are proving resilient in the face of adversity as they continue to innovate and attract foreign capital. Despite the current economic uncertainty, over 70 Greek start-ups secured funding topping €485 million in 2023, according to the Found.ation annual report, indicating growing interest from US tech giants–including Hewlett Packard Enterprise, Cisco, Dell and Intel–in […]

Tax Freedom Day in Greece was commemorated on June 28

Spain retains highest jobless rate in EU, followed by Greece

Furthermore, the "household baskets" that the government invented to supposedly check market prices have not been effective in controlling revaluations.

Thunderstorms in North America and Europe more destructive than ever resulting in $76 billion in losses, $58 billion of which were insured

The relevant announcement was made by the Independent Authority for Public Revenue (IAPR) and concerns property registered in regions where the “objective asset value” is in force.

In its analysis, the US-based financial services bank anticipates the issuance by the Greek state of a 10-year bond within the upcoming weeks, thus reversing the recent decline upon the announcement of the new long-term bond

The Union of Consumer Workers of Greece advises consumers to be particularly careful so as to avoid falling victim to misleading 'offers.

Regarding collective labor agreements it is worthy to notice that increases to minimum wages has not affected the so-called ‘middle-wages’, with 80% of employees not having seen any pay rise

Confronted by ever-rising living costs, many consumers have become “value hackers”, bargain hunters who employ new methods to make the most out of their income.