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Hatzidakis: The new EU economic and fiscal framework is good for our country

"We have to be serious as regards fiscal policy and we will be. We believe in fiscal seriousness," National Economy and Finance Minister Kostis...

Athens International Airport passenger traffic jumps 20.1% in March 2024

Passenger traffic at the Athens International Airport (AIA) rose 20.1% in March 2024, compared to March 2023, with passengers reaching 2 million. According to the...

Unemployment drops to 11% in February 2024

The Greek unemployment rate fell to 11% of the workforce in February 2024 against 11.2 in February 2023, the Hellenic Statistical Authority (ELSTAT) said...

Budget Office warns against ‘excessive nominal wage increases’ in 4Q2023 report

Nominal wage increases should not be excessive, the Greek parliament's Budget Office warned in a report released on Monday on the 4th quarter of...

HRADF signs concession agreement for Egnatia Odos

The agreement for the concession of Egnatia Odos between the Greek State and the Hellenic Republic Asset Development Fund (HRADF), as well as the...

The new minimum wage comes into effect on April 1st

The new minimum wage, which is increased to 830 euros from 650 euros in 2019, comes into effect on 1 April 2024 and brings...

IPTO announces framework agreement tender for undersea power cables

Independent Power Transmission Operator (IPTO) on Thursday announced a tender procedure aiming at a framework-agreement for underwater AC power cable projects for interconnections to...

Finance Ministry: Greece a champion in real GDP per capita growth in Europe

Greece is a champion in the increase of real GDP per capita growth in Europe, the National Economy & Finance Ministry's press office said...

Construction sector in Greece shows robust growth, good prospects, IOBE says in report

The strong growth in construction in Greece and the promising opportunities of the sector in the coming years is highlighted in a research report...

State budget primary balance amounts to a surplus of 3,378 million euros

The state budget primary balance on a modified cash basis amounted to a surplus of 3,378 million euros, against the primary surplus target of...

Finance Ministry tightens Golden Visa rules

The Finance Ministry announced on Thursday measures to cut down on bureaucracy, facilitate taxpayers, use modern technology in collaboration with the Independent Authority for...

Hatzidakis on Greece’s rise in Economist Intelligence Unit: It is a great success for Greece

Economy and Finance Minister Kostis Hatzidakis on Thursday said that Greece's significant improvement in Economist Intelligence Unit is the proof that that the Greek...

GREECE- Consumers can contribute to reducing prices, Skrekas says

We are redesigning the e-katanalotis platform so that the consumer knows the exact cost of the products he wants to buy in the supermarkets...

Economy & Finance Ministry: Moody’s analysis records significant progress in the Greek economy

Moody's began upgrading the Greek economy by two notches just six months ago, on September 15, 2023. No further upgrade was expected in such...

Lower primary surplus in January-February 2024, BoG says

Greece's state budget showed a reduced primary surplus in the two-months period January-February 2024 on a cash basis, compared to the corresponding period last...

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