Finance

Occupancy rates in certain hotels and accommodation rented through online platforms like Airbnb are close to 100%. The trend is particularly evident in mountain destinations across the Greek mainland. Greece’s two largest cities, Athens and Thessaloniki, record the highest occupancy rates, especially over the New Year period. International “escapes” are also very popular with oversees […]

Fast food is fast becoming a treat for a select few as prices soar internationally. In Greece, with inflation at 2.9%, the price of our own national fast food, souvlaki or gyro in a pita wrap, shows no signs of returning to pre-inflationary crisis levels. Instead, prices continue to rise to record highs, while market […]

According to Ergani some 100,000 people have established or will establish the right of an 10% increase in 2024

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After 13 years in “junk status” Greece managed to reinstate its investment grade Finance Minister Hatzidakis said

Clothing, shoes, toys, personal beauty products and electronic devices large and small seemed to be the most popular choices for yet another year according to the authority

Long-awaited simplified and electronic charter procedure unveiled by shipping ministry. Professional craft exceeding 35 meters under a foreign registry included.

The Greek bourse’s performance was the third best since 1999 and among the best performers worldwide

This transaction marks the latest investment by Macquarie Asset Management in the Greek energy market, following its acquisition of a 49 per cent stake in Hellenic Electricity Distribution Network Operator in 2022.

According to ELSTAT (Hellenic Statistical Authority), this reduction in the production cost of domestic industries can be attributed to a 9% decrease in the domestic market producer price index (with the food industry index increasing by 2.5%).

The planned wind park, which will be located in the sea area off Alexandroupolis, is set to become a permanent installation

The Initiative was due to end on December 31st 2023, but the Ministry of Development has decided to keep it in effect until June 31st, 2024

From February 2022 to January 2023 the cost of milk increased from 1.04 to 1.25 euros per liter plus VAT while more consumers turn to the "household basket" to make their milk purchases

Southern and Southeastern European countries dominate the top positions in the ranking, with Croatia in second place (+13.7%), Greece in third, and North Macedonia (+11.0%) in fifth. The only outlier in this ranking is Colombia, standing fourth in the global index

The contentious tax bill requiring freelancers and other trades to accept payments via POS and online bank transfers aims to combat tax evasion and was passed early December

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

The regular dividend will be between 40 to 50 cents per share

More than 73,500 applications have been submitted in the first four days since the “MyΘέρμανση” platform was launched for electricity heating allowance.

The new plan aims to collect €500 million over a five-year period

The measures have already been published in the government's official Gazette and are applicable from 2024