Finance

A trade war would destabilize the global economic system, creating widespread consequences in international trade, supply chains, deep-sea shipping, and European and Greek refineries.

The areas directly affected by the tremors account for approximately 4% of both the country's annual tourism revenues and the total annual turnover in the accommodation and food service sectors

Conversely, numbers indicate that exports declined, totaling to 49.90 billion euros in 2024, down from 51.02 billion euros in 2023 marking a 2.2% decrease.

The annual UGS general assembly and the election of a new board concluded on Thursday - Melina Travlos is expected to be re-elected as UGS president

In his Facebook post, Mitsotakis expressed his satisfaction with the positive findings in the report, reiterating that the government’s priority remained to raise the living standards of Greek citizens linked to an increase in the salary in Greece

The European Commission (EC) sent two formal letters of notice to Greece after it was deemed to have failed to comply with VAT directives and to communicate actions and transpose into its national law relevant directives linked to the imposition of reduced VAT rates for certain products and small enterprises. According to the the first […]

Euro’s depreciation against the Swiss franc has caused tens of thousands of mortgagors and guarantors to despair after economic crises

A permanent compensation mechanism is being established for those affected by the collapse of the insurance company "Aspis Pronoia," thus resolving outstanding life insurance compensation claims

Notably, in 2024, Athens’ main airport entered the top 10 European airports for the first time in its history, according to Eurostat.

Acting as an intermediary financial institution, the bank has been channeling funds to businesses of all sizes across Greece.

Yannis Papachristou was appointed the new Chief Executive Officer of the Hellenic Corporation of Assets and Participations (HCAP)-Fundgrowth. According to sources, the final candidates for the CEO position included Papachristou, who was ultimately selected, alongside the current CEO of HCAP, Grigoris D. Dimitriadis, and the CEO of the Hellenic Republic Asset Development Fund (HRADF), Dimitris […]

For cases of late submission of the declaration, an administrative fine of 100 euros is imposed.

Greek government announces emergency subsidies for February to combat rising energy costs.

TERNA ENERGY’s Board of Directors, in its reasoned opinion, notes that the company’s valuation range is between €11.9 and €21.5 per share, while Masdar’s offer stands at €20 per share.

According to IOBE, the uptick is primarily attributed to Industry and Construction, with consumer trust showing a more moderate improvement while retail trade appears to be waning after the holiday period

In January, services recorded the highest annual inflation rate in the eurozone at 3.9%, slightly down from 4.0% in December, according to Eurostat's latest data.

The rate to be applied in February 2025 will be the same as in the preceding month, namely, 0.1548 €/kWh in the 'green' program

The east Mediterranean country is also among the European states with the biggest increase in occupancy, along with Spain (+5,2%), Croatia (+6,5%) and Norway (+2%)

The goodwill of founder and major shareholder Evangelos Marinakis, strong fundamentals, and a sound investment plan

Retail turnover in Greece recorded an upward trajectory in November, according to data released by the Hellenic Statistical Authority (ELSTAT). This trend reflects the positive impact of November’s Black Friday sales on the sector. Specifically, the General Retail Turnover Index increased by 2% in November 2024 compared to the same month in 2023. Additionally, compared […]