Exports of Greek distilled beverages, encompassing all types of liquors and spirit drinks, exceeded 100 million euros in value for 2023, up 9.4% percent on the previous year, according to data released by Eurostat last week. Ouzo, the clear anise-flavored aperitif, was once again the most popular spirit exported from Greece, accounting for 58% of […]
The shortages are due to a combination of factors including the annual hunt for seasonal employees at the start of the tourist season, persistent skills gaps in the IT sector, and a shortage of hands in Greece's booming construction industry.
The hikes in fuel prices haven’t only caused headaches for drivers, they have also affected gas station owners as consumers in Northern Greece opt to purchase cheaper gasoline from Bulgaria and Turkey
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Imports decreased by 1.1%, while exports saw a notable decrease of 11.4%, causing significant concern for the trajectory of the Greek economy.
The acquisition of Aegean Baltic Bank reflects substantial interest in banking investments and optimism surrounding Greece's economic growth.
The French bank recommends a long position in Greek bonds against Belgian ones
The numbers are aligned with estimates which see tourism in Greece growing 20% in 2024
It should be noted that businesses with simplified accounting data, predominantly small-scale, experienced their first sales decrease of 3% in the last quarter of 2023.
Yet FAGE International's sales grew 13.9% year-on-year to 629.2 million dollars and net profits jumped from 29.3 million in 2022 to 82.7 million dollars
Developers maintain that the 50-storey Riviera Tower will be ready in the first quarter of 2026
Fines totaling 1.38mln euros were issued to 13 firms due to violations involving the generation of gross profits exceeding those of 2021 for specific products
The risk of poverty and social exclusion has declined significantly from its height of 32.6% in 2016, yet great disparities persist between Greece's different regions.
The total dividend proposed is 199.4 million euros, or 1.80 euros per share.
Safety, access to public transport, parks and schools, as well parking availability are the top consideration for those thinking about buying property in Greece.
The uniform yield eased to 3.75%, compared to 3.83% recorded during a similar T-bill auction on Jan. 31, 2024
The lowest-income quartile possesses 10.4% of the total national equivalent of disposable income, a marginal 0.1 percentage point increase from 2022
Lithuania (0.3%), Finland (0.7%), and Latvia (1%) recorded the lowest inflation in March, with Croatia (4.9%), Austria (4.2%) and Estonia (4.1) witnessing the highest rates