A little over six out of ten Greeks (64%) own a main residence, while 39% own a second home, according to a pan-European survey “European Housing Trend Report 2024” by the real estate network RE/MAX Europe. The responses from 20,000 European adults who participated in the “RE/MAX European Housing Trend Report 2024,” conducted by Opinium […]
The researchers have temporarily named it Homo affinis erectus, recognizing similarities with Homo erectus, an early human ancestor that emerged in Africa around 2 million years ago.
Citi forecasts a slight increase in growth from 0.8% in 2024 to 1% this year, with further acceleration slightly above potential in 2026-27.
Following Greece, Italy ranks second with an informal economy comprising 31% of its GDP, while Spain and Portugal both register at 24%. Lithuania, Latvia, and Bulgaria each report a shadow economy size of 20%.
Eurostat announces latest figures, for 2023, with Greece in fourth place
The development will feature 408 fully furnished apartments ranging from 44 to 69 square meters, including open-plan studios and one- or two-bedroom apartments.
Greece has consistently exceeded NATO’s 2% GDP defense spending target—even at the height of the public debt crisis.
Prime Minister Kyriakos Mitsotakis announced that Greece’s minimum wage will increase to 880 euros starting on April 1, 2025.
The recognition of METLEN’s investment as strategically significant opens the door for the revival of mining activities after decades, boosting alumina production.
For Greeks, the EU's push for stronger defense capabilities takes back seat to the need for a focus on addressing the cost-of-living crisis.
CEOs and investors are fretting over what they see as whipsaw policy changes and complacency about the risks of recession
Piraeus honors Greek Independence Day through a powerful maritime tribute- which is now an annual tradition.
The Financial Times reports that major European military powers are in talks to revamp the security framework on the continent, as they are ready to undertake more responsibilities in NATO as the U.S. appears to be disengaging from the military alliance, citing four European officials. Citing a new report, the FT says the UK, Germany, […]
In addition to commenting on defense spending and migration at the end of the EU Summit, the Greek PM voiced concerns over Turkey's democratic backsliding.
The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.
The legendary 'Missouri' was an Olympiacos legend, and his style of play became a buzzword for courge and self-sacrifice
Germany’s €1 trillion spending plan alarms EU partners, who fear unfair competition from Berlin’s subsidies to strategic industries and defense.
According to a survey by Eurostat, the Greek job vacancy rate is half that of the Eurozone average. As the data indicates, Greece is fourth from the bottom in job vacancy rates, tied with Luxembourg. However, a fundamental difference between the two countries is that Luxembourg boasts the lowest unemployment rate in the EU, while […]
Despite global efforts to renew vehicle fleets for environmental and safety reasons, Greece lags significantly behind
In light of the geostrategic upheavals, particularly the prospect of deepening European ties with Turkey, the discussion has gained new urgency