Greek economy

Karelia Tobacco Industry Ranked 105th on Forbes’ Greek List 100+, Surpassing €100 Million in Turnover

Karelia Tobacco Industry ranks 105th on the "Forbes – The Greek List 100+", being the only company from Messinia with…

15 January 2025

Airbnb Demand in Greece Surges, 2025 Set to Break Records

Demand for short-term rentals, particularly Airbnb, is expected to break records in Greece in 2025, with projections showing a strong…

6 January 2025

Greece to Roll Out Major Tax Cuts and Income Support Measures in 2025

In 2025, the Greek government will implement 18 tax reductions and 7 income support measures aimed at increasing disposable income…

3 January 2025

Inflation and Low Incomes Threaten Mitsotakis Government, Reports German Media

Greek Prime Minister Kyriakos Mitsotakis faces growing public dissatisfaction as economic hardships persist despite progress in national financial indicators. A…

2 January 2025

Greek Stocks Achieve 13.65% Growth in 2024, Marking Fourth Consecutive Year of Gains

Greek stocks surged by 13.65% in 2024, marking the fourth consecutive year of growth for the Athens Stock Exchange. Led…

1 January 2025

Fraport Greece Reports 6.4% Increase in Passenger Traffic for 2024

Fraport Greece reported a 6.4% increase in passenger traffic for the first 11 months of 2024, reaching 35.22 million passengers.…

31 December 2024

Record Year for Greek Tourism: Americans Lead Spending in 2024

In 2024, American tourists have emerged as the top spenders in Greece, contributing to a record year for Greek tourism…

27 December 2024

Tourism Minister Kefalogianni: 2024 Poised to Break Records for Greek Tourism

Greek Tourism Minister Olga Kefalogianni has predicted a record-breaking year for tourism in 2024, with revenues expected to surpass €20…

23 December 2024

Panic in Greece as New Tourism Law Threatens to Harm Economy

Greece’s economy is facing potential disruption as new tourism regulations could jeopardize the country’s vital tourist industry. A draft law…

19 December 2024

Greek Giant Metlen Energy & Metals Eyes London Stock Listing

Metlen Energy & Metals, a £4 billion Greek industrial conglomerate, has announced plans to seek a primary listing on the…

17 December 2024

Greek PM’s Banking Reforms to Take Effect Mid-January, Says Finance Minister Hatzidakis

Greek Prime Minister Kyriakos Mitsotakis' recently announced banking reforms will take effect in mid-January, Finance Minister Kostis Hatzidakis confirmed. The…

16 December 2024

OECD Report: Greek Real Estate Prices Have Soared 69% Since 2017

An OECD report highlights a staggering 69% rise in Greek housing prices since 2017, worsening the affordability crisis for local…

7 December 2024

New Tax Bill Passes Greek Parliament

The Greek Parliament has passed a new tax bill introduced by the National Economy and Finance Ministry, with the ruling…

5 December 2024

Mitsotakis on EU Decision-Making, Greek Economy, and Thessaloniki Metro

In a CNN interview, PM Mitsotakis calls for a comprehensive review of the Draghi Report and discusses the complexities of…

3 December 2024

Coffee Prices Surge in Greece: Cappuccino Freddo Now Costs Up to €5.50

Coffee prices in Greece are skyrocketing as global costs reach near 50-year highs, with cappuccino freddo now costing up to…

2 December 2024

Masdar Acquires TERNA Energy in Historic Deal for Athens Stock Exchange

Abu Dhabi Future Energy Company PJSC, known as Masdar, has completed the acquisition of a 70% stake in Greece's TERNA…

29 November 2024

Greece Plans to Raise €11 Billion from Bond Markets in 2025

Greece plans to raise €11 billion from bond markets in 2025 to address rising financing needs, nearly doubling its net…

21 November 2024

Nationwide General Strike in Greece on November 20: Transport and Key Sectors to Shut Down

Greece will experience a nationwide general strike on November 20, 2024, as public and private sector unions ADEDY and GSEE…

18 November 2024

Greece's Economic Outlook: 2026 Projections by the European Commission

The European Commission's Autumn 2024 economic forecast predicts positive developments for the Greek economy in 2026. Key projections include: Budget…

17 November 2024

Seamen’s Union Joins 24-Hour Strike on November 20 in Protest Over Housing Crisis and Labor Issues

The Panhellenic Seamen’s Federation (PNO) announced it will join a 24-hour strike on November 20, called by the General Confederation…

14 November 2024

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