People in Greece apparently work more hours than most other residents of European Union countries, with only Romania and Bulgaria fielding longer labor hours, according to results of a report released this week by the French institute Rexecode. In fact, a worker/wage-earner/self-employed professional’s average weekly employment is far higher than then EU average, more-or-less busting […]
Alpha Bank report calculates power production in Greece in 2021 exceeded 54,000 GWH
Zara is set to introduce its Zara Pre-Owned platform in Greece on December 12 2023, providing customers with the opportunity to sell and purchase second-hand Zara clothing
Greece stands on the cusp of becoming a pivotal hub for the European hydrogen and fuel cell sector, but the nation faces critical challenges that demand urgent attention and strategic planning.
Average interest rates for consumer loans, which fluctuated between 4.64% and 5.69% in early 2022, have climbed to 7.28% and 8.59%, according to the latest European Central Bank (ECB) figures
Protests will be accompanied by road and public transportation closures and significantly increased police presence
Sources in Athens believe that despite the delay, Greece has retained its position in the production line, with the first delivery, as stipulated in the initial agreement, expected to take place in 2028
Fitch sees the ECB announcing a reduction, by 75 basis points, in rates as of June 2024, and dropping to 3.75 percent by the end of 2024
The Greek economy continues its positive course overall, but third quarter is seen slowing
Another instance of animal cruelty shocked Greece this week after a male husky, called Oliver, was found on Monday evening viciously tortured and raped with an object. The appalling incident took place in the south-central mountainous town of Arachova, one of Greece’s most popular winter destinations. The unfortunate canine was found barely alive by its […]
While a comprehensive settlement in the longstanding disputes is not expected, U.S. diplomats are eager to embrace any initiative that promises temporary stability in the turbulent Aegean waters
A convoy of vehicles carrying Dinamo Zagreb “ultras” crossed half of Greece to end up directly outside AEK Athens’ home field
A common action plan was agreed upon to achieve the objectives of the Memorandum of Understanding.
Unemployment is in single digits, but a closer look reveals a less rosy picture
The tourism, food and beverage, construction, industrial, security, technology and agricultural sectors suffer the most from labor shortages in the country
The Region of Central Greece posted the highest gender employment gap in all of Europe in 2022 at 31.4 pp, according to a report released last week by Eurostat. The gender employment gap is defined as the difference between the employment rates of men and women aged 20-64 and stood at 10.7 pp on average […]
The upgrade reflects key rating drivers and their relative weights, such favorable debt dynamics and a commitment to fiscal consolidation
The data showed Greece had the highest costs both in urban and rural areas
The "A" Category of the International Maritime Organization (IMO) comprises countries with the highest interest in offering maritime services
In observance of World Aids Day, the Sexual Health Center of the Hellenic National Public Health Organization will offer free walk-in services today and extends operating hours until 17:00