Tag: November 2024

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Greece Sees Growth in Tourism with Over 1 Million Arrivals in November 2024

Greece saw a rise in tourism in November 2024, with over 1 million arrivals and 2.2 million nights spent, marking year-on-year growth. Non-resident visitors led the increase, while residents accounted for the majority of arrivals. The average stay was 2.2 days, showcasing Greece’s appeal as a year-round destination.

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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. November saw an 11.6% rise in traffic compared to 2023, driven by an extended tourist season and a surge in international arrivals. The company plans to invest approximately €150 million in airport upgrades, including infrastructure improvements at popular destinations like Santorini, Mykonos, and Corfu. Fraport Greece continues to enhance its network to support the growing demand and strengthen Greece’s aviation sector.

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Eurostat Report: Food Inflation in Greece Approaches Zero in November

Greece saw the second-lowest food inflation rate in the EU in November 2024, with prices rising by just 0.4% compared to the previous year. This marks the lowest increase since May 2021, reflecting a significant easing of financial pressures on households. While the general consumer price index rose by 3%, food prices dropped by 1.2% from October to November, second only to Malta’s decline.

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Minor Earthquake of Magnitude 3.4 Strikes Near Kassandrea

A minor earthquake with a magnitude of 3.4 was recorded 14 kilometers northwest of Kassandrea in Greece on November 3rd. The quake occurred at a shallow depth of 5 kilometers and was reported by the Geodynamic Institute. Although it was a minor event, residents in the surrounding areas may have felt light tremors. Authorities continue to monitor for any aftershocks.