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Greek economic sentiment index eased in July

Greece's economic climate index fell to 106.8 points in July from 110.5 points in June, the lowest performance in the last five months, the...

IELKA: Prices in supermarkets fell in July

Negative inflation was recorded in supermarkets in July, the third month in a row, according to a survey conducted by the Research Institute of...

Unemployment falls to 9.6% in June, ELSTAT says

The seasonally adjusted unemployment rate in June 2024 amounted to 9.6% compared to the upwards revised 11.4% in June 2023 and to the downwards...

Inflation in Greece rose to 3% in July 2024, Eurostat says

Greece's inflation rate rose to 3% in July 2024 compared to 2.5% in June, according to Eurostat's provisional estimate on Wednesday. Inflation in the eurozone...

IPTO: One offer for the electrical interconnection of Crete

One binding offer was submitted for the acquisition of 20% of the Independent Power Transmission Operator's (IPTO) subsidiary company "Ariadne Interconnection S.P.S.A.", operator of...

Megalou (Piraeus) expresses optimism over Greek banking sector’s performance

Optimism over the course of the domestic banking system and the economy in general was expressed by the CEO of Piraeus Bank, Christos Megalou,...

Greek real estate: Eight reasons making the sector highly attractive to foreign investment

Foreign investing in Greek real estate is highly attractive for several reasons, according to Managing Director of Premier Realty Greece Corina Saias. As Saias notes,...

Greek budget recorded a primary surplus of 2.905 billion euros

Greek state budget recorded a primary surplus of 2.905 billion euros in the first half of this year, compared to a target of 1.204...

Greece announces auction for re-opening of GGB 3.875% bonds

Greece is set to conduct an auction on July 17 for the re-opening of the GGB 3.875% bonds maturing on March 12, 2029, in...

Greek merchant fleet grew by 0.2 pct in May 2024

The Greek Merchant Fleet increased by 0.2% in May 2024 compared with May 2023. A decrease of 0.6% was recorded in May 2023 compared...

Greece’s annual inflation rate in June 2024 was 2.3%, ELSTAT reports

The Consumer Price Index (CPI) in June 2024 compared with June 2023 increased by 2.3%, according to a report by the independent statistical agency...

Moody’s upgrades National Bank, Piraeus Bank deposit ratings

Moody's upgraded National Bank and Piraeus Bank deposit ratings on Monday. In National Bank's case, Moody's upgraded its long- and short-term deposit ratings to Baa2/P-2...

ECONOMIST-Skylakakis: An end to subsidies for RES and batteries drawing near

The transition from the period of subsidies for renewable energy sources to their direct participation in the market is the main priority of the...

ELSTAT announces unemployment rate of 10.6% in Greece in May

The seasonally adjusted unemployment rate in Greece in May 2024 was 10.6%, compared to the upwards revised 11.2% in May 2023 and to the...

33rd Annual Hermes Expo Shines as a Beacon of Hellenic Culture and Business Networking

By Dorie Klissas and Aphrodite Kotrotsios, Special to the Hellenic News of America The 33rd annual Hermes Expo, held at the Grand Marquis in Old...

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