Finance

The concept of overall or general child poverty consists of two parts, the first is economic poverty and the second part is non-economic poverty.

Within the European Union, Denmark stands out securing the 6th position, globally, with Germany ranking 16th and France 36th

Yesterday’s News Wrap-up includes the following: NY Woman Tears Down Greek Flags She Thought Were Israeli (video) NY Woman Tears Greek Flags – Following the terrorist attack Hamas launched against Israel on October 7 last year and the subsequent tough Israeli military retaliation, which expanded into Lebanon and Syria, the degree of polarization in society across the […]

The global luxury brand, known for signature monogrammed handbags, luggage, and other items, reported gross profits of €18.6 million

The economic climate index stood at 110.2 points in September, compared to 106.1 points the previous month and 106.8 points a year ago, according to IOBE.

Greece has now received a total of 18.2 billion euros from the Recovery and Resilience Facility (RRF), with this latest disbursement.

As of next year, around 25,000 workers with ‘freelance contracts’, and the self-employed will be exempt from paying the 400-500 euros business levy.

Under Fitch’s baseline scenario, it projects that the public debt-to-GDP ratio will decrease by more than 50 percentage points by 2026

The data revealed the job rate settled at 63.9%, compared to 62.7% in the first quarter and 57.3% in 2021

Buyers over 50, and middle and upper management executives constitute the primary groups investing their savings primarily in newly built high-end properties

Finance Minister Kostis Hatzidakis detailed four proposed changes to the tax system which will affect large swaths of Greek taxpayers.

The EBRD seeks to influence markets in 36 economies, but operating in transitioning democracies involves tough decisions and higher risks. Chief Economist Beata Javorcik explores these challenges and more in an exclusive interview with To Vima International Edition.

Yesterday’s News Wrap-up includes the following: New Insolvency Agency to Allow Debtors to Buy Back Foreclosed Homes Over 12 Years A new Greek insolvency agency allowing economically vulnerable debtors to settle their debts by leasing their foreclosed properties is expected to be implemented in 2025. The new legal framework, named the Sale & Lease Back Organization […]

The call to tender for selecting an investor to manage the Greek insolvency agency is in its final stage, and binding offers are expected to be submitted within the month.

A report by the Athens-based Institute for Alternative Policies (ENA) counters the government’s narrative, saying Greece is last in the EU in terms of investments per GDP percentage

The initiative comes in the wake of widespread reactions sparked by a Supreme Court decision two weeks ago, which ruled that all tips are income and therefore subject to taxation and insurance and healthcare contributions

Applications for the government subsidy for heating oil payments are expected to open in the coming days.

Attica Bank plans to raise €735 million to repay a Tier 2 bond and to support its growth.

A report by the Hellenic Competition Commission reveals a 6% decrease in sales of branded feta products, while many Greek households are turning to more affordable cheese options

The founder of Thenamaris Ships Management, Athina Martinou, was widely considered the most powerful woman in Greek shipping.