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Hatzidakis: The minimum wage will exceed 800 euros from April 1

The increase of the minimum wage will be announced at the end of March in order to be applied from April 1, 2024. The...

Hatzidakis: The environment in Greece is friendly for investments

There is an investment-friendly environment in Greece, Minister of National Economy and Finance Kostis Hatzidakis said in an interview with the Japanese agency KYODO,...

Greek trade deficit down 20% in 2023

The Greek trade deficit fell by 11.3% in December and by 20% in 2023, Hellenic Statistical Authority said on Wednesday. More specifically, the value...

Athens International Airport makes spectacular debut on ASE

The Athens International Airport shares made a spectacular debut on the Athens Stock Exchange on Wednesday, with its price rising 14.02% in midday transactions...

Greece, UAE sign memorandum for data center investments in Greece

Greece and the United Arab Emirates (UAE) signed a memorandum of collaboration in Abu Dhabi on Thursday for the promotion of investments in digital...

Greeks spent less in 2023, but turned to more online purchases, GLAMI says

A significant change was observed in the consumer behavior of Greek e-shoppers during 2023 compared to 2022, within the framework of the annual Fashion...

Mitsotakis optimistic that EU leaders will reach deal in Brussels, supports fallow land delay

In a statement on his arrival at the Special European Council here on Thursday, Prime Minister Kyriakos Mitsotakis said he was confident that EU...

Greek merchant shipping fleet down in November

Greek merchant shipping fleet fell both in numbers and capacity in November 2023, Hellenic Statistical Authority said on Wednesday. More specifically, the fleet fell 0.1%...

Greece launches 10-year syndicated bond issue

Greece on Tuesday launched the book-building process for a new 10-year syndicated bond issue. Alpha Bank, Barclays, Citi, Commerzbank, Nomura and Societe Generale act as...

IOBE foresees 2.4% growth and 10.5% unemployment in 2024

Greece will see an annual growth of around 2.4% in real terms in 2024 and an unemployment rate of around 10.5%, according to the...

Greece receiving 158.7 million euros in pre-financing

The European Commission on Thursday announced that 158.7 million euros have been disbursed to Greece in the form of pre-financing linked to the REPowerEU...

IMF sees significant improvement in Greece’s prospects

Greece’s economic outlook has improved notably, but significant challenges remain, the IMF said in a report released on Wednesday. The economy has resumed income convergence,...

ECONOMIST THE WORLD AHEAD 2024 – US Ambassador Tsunis: Greece ‘aν indispensable NATO ally and partner’

The United States looks forward to "further enhancing relations with the indispensable NATO ally and partner, the government of Greece," US Ambassador George Tsunis...

Registered unemployment report for December

Registered unemployment totaled 1,039,752 in December, of which 501,089 (48.2%) were long-term unemployed, Greek Public Employment Service (DYPA) said in a report on Friday. The...

New Greece-Bulgaria power interconnection officially inaugurated at CESEC meeting in Athens

The importance of the second power grid connection between Greece and Bulgaria for the Southeast European electricity market was highlighted at the project's formal...

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