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Greek Import Price Index up 23.6% in December

Greece’s import price index in the industrial sector jumped 23.6% in December for an average increase of 20% in 2021, Hellenic Statistical Authority said...

Alpha Bank announces completion of Project Sky

Alpha Bank Group on Monday announced the completion of "Project Sky", the biggest transaction of its non-performing exposures portfolio, with a nominal value of...

Melina Travlos becomes first woman to lead Greek shipowners union

Melina Travlos, Chairwoman of Neptune Lines Shipping & Managing Enterprises, was elected as the new head of the Union of Greek Shipowners (UGS) on...

Innovation lab dedicated to women entrepreneurs opens on Int’l Day of Women and Girls in Science

The Greek Innovation Lab for Women (#GIL4WA) started to operation in the "Athena" Research Center on Friday, to support and promote research, innovation, and...

Alumil reopens production unit in Xanthi

Alumil Group announced a decision to reopen its production unit in Xanthi which had terminated its operation in 2013. In an announcement, Alumil said this...

Staikouras expresses ‘realistic optimism’ that 2022 will be a better year for Greece

Greece's Finance Minister Christos Staikouras on Sunday expressed "realistic optimism that 2022 will be a better year for the country," while speaking at an...

GREECE – Insurance premium production up 7.7% in 2021

Insurance premium production grew 7.7% in 2021, totaling 4,263,969,897 euros, the Union of Insurance Companies of Greece said in a report. Specifically, the report said...

Greek economy to grow by 4.9% in 2022, EU Commission report says

The Greek economy is expected to grow by 8.5% in 2021, 4.9% in 2022 and 3.5% in 2023, the European Commission said in its...

Greece’s Grid Telecom & Telecom Egypt sign memorandum on telecoms interconnection

Grid Telecom - a subsidiary of Greece's Independent Power Transmission Operator (IPTO) - and Telecom Egypt signed a Memorandum of Cooperation (MoC) for the...

Commission approves Greek state support for specific Greek cultivations

The European Commission has approved 31.5 mln euros in Greek government support for specific types of farmers and producers affected by restrictive measures imposed...

​ ‘We must be very careful with our fiscal policy,’ Greek FinMin says

"If there is additional fiscal space, this will be distributed to the society. Borrowing costs from capital markets have risen for all European countries...

​ Greek household’s available income up 4.7% in Q3 2021

Α rise in Greek households' available income combined with a significant reduction of unemployment are helping to ease pressures on family budgets by an...

GREECE; Management consulting firms less optimistic, survey shows

Greek management consultants were less optimistic over economic developments in the fourth quarter of 2021, Hellenic Association of Management Consulting Firms (SESMA) said in...

Online supermarkets reported a 56% increase in their 2021 sales in Greece

The total value of purchases from online supermarkets reached 255 million euros in retail prices including VAT, according to Convert Group.Indicative of the growth...

Lower ENFIA positively received by real estate market in Greece

The finance ministry released the previous week the main guidelines of the new Uniform Real Estate Ownership Tax (ENFIA), according to which eight out...

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