Finance

Lampsa Hellenic Hotels S.A. on Friday informed the Athens Stock Exchange (ATHEX) of an agreement with Greece-based Intracom for the latter’s participation, with a 25% stake, in a subsidiary of the latter, with the strategic intent aimed at both companies acquiring a bigger share of the Hyatt Regency Casino. The specific casino remains the sole […]

The cable section specifically refers to the Crete-Cyprus interconnection, marking the first significant step in the contract signed last July, according to IPTO

PDMA said roughly 10 billion euros will be covered by bond issues, another 4.1 billion euros will sought from the European Investment Bank (EIB), the Next Generation EU economic recovery package and other credit lines.

The project is a joint venture by GΕΚ ΤΕRΝΑ and Hard Rock Int'l amid the biggest land development project in Europe at present

A new healthcare company aims to treat more than 120,000 patients annually and handle more than 750,000 outpatient treatments in clinic network

In response to the same question, 62% of citizens in other EU member states state they face no problems paying bills, 28% say they encounter challenges occasionally, 9% report frequent financial management issues, and 1% did not respond

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

Just as eyebrow-raising is a 1.55-million-euro fine against the Hellenic Bank Association.

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