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Sunday, July 3, 2022
GreeceBusiness

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Business

Electricity prices jumped in Greece

Εlectricity prices jumped in Greece, moving in line with significant increase recorded in other European markets on Tuesday. More specifically, Wednesday's electricity price in Greece...

Intrakat, Parkwind sign agreement to develop offshore wind in Greece

Parkwind and Intrakat announced on Tuesday their official agreement to jointly develop offshore wind in the Greek seas. Greece-based Intrakat, part of Intracom Holdings, currently...

DEPA: Gazprom to halt natural gas supplies to Greece June 21-27

Gazprom's natural gas flows to Greece will be interrupted from June 21 to June 27, according to information from DEPA Commercial. The interruption, according to...

Greece is only step away from acquiring the investment grade, FinMin says

Greece is only one step away from acquiring the investment grade, a "national goal", following the country's credit rating upgrade by R&I on Monday,...

Eurogroup paves way to end Greece’s enhanced surveillance, confirms release of 7th tranche

The Eurogroup ministers welcomed the European Commission’s intention not to prolong enhanced surveillance after its expiration on 20 August 2022, they said, given the...

ESM annual report: ‘Greece reached several important milestones in its reform agenda’

The Greek economy recovered vigorously from the pandemic, driven by strong domestic demand and tourism, the European Stability Mechanism (ESM) said in its annual...

State budget revenues significantly surpass targets in Jan-May

Greek state budget revenues significantly surpassed targets in the January-May period this year, Finance Alternate Minister Theodore Skylakakis said on Wednesday. Budget revenues exceeded targets...

Staikouras: Measures to ease fuel cost will have a three-month duration

Finance Minister Christos Staikouras on Tuesday said that the new support measures for the reduction of fuel costs which will be applied from July...

PM Mitsotakis stresses need to ensure EU energy supply at affordable prices

Prime Minister Kyriakos Mitsotakis, in a meeting with the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi Barkindo on...

Reduced VAT on coffee, passenger transport, cinema and sports events extended to Dec 31, 2022

The reduced VAT rate of 13% for coffee, non alcoholic beverages, the food services' industry, passenger transport, tickets to cinemas, zoos and sporting events,...

GREECE – Apartment prices up 8.6% in Q1

Apartment prices rose by 8.6% in the first quarter of 2022, compared with the same period in 2021, the Bank of Greece said on...

PM Mitsotakis: Greece aims at returning to investment grade in 2023

Prime Minister Kyriakos Mitsotakis received German federal government Finance Minister Christian Lindner at the Maximos Mansion on Tuesday, during the latter's visit to Greece. He...

Greece attracts Israeli investors, Brown Hotels CEO tells ANA

"The very strong tourist demand for Greece, which is one of the strongest tourist countries in the world, but also the ties between Israel...

Greek industrial production down 4.5% in April

Greek industrial production fell 4.5% in April, with manufacturing production easing 0.5% in the month, Hellenic Statistical Authority said on Friday. More specifically, the industrial...

Eurogroup to give ‘green light’ for Greece’s exit from enhanced surveillance status

On Thursday June 16, the Eurogroup is expected to give the "green light" for Greece's exit from the status of enhanced surveillance and return...

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