Foreign investment in Greek real estate has seen a sharp rise in 2024, according to new figures released by the Bank of Greece. Investment reached €2.75 billion – a 30%…
“This global trade war, which is now kicking off, won’t benefit anyone; it will harm everyone. I hope and wish that we can soon move towards de-escalation of these protectionist…
“The decision by the US government to introduce sweeping tariffs marks a major shift towards protectionism and a sharp break from the way the global economy has operated for decades,”…
In today’s speech to the Greek Parliament, PM Kyriakos Mitsotakis unveiled a new defence spending programme. Set at 25 billion euros over the next 12 years, this initiative adds to…
According to a new statistical report released by Eurostat on 1 April, Greece’s inflation rate is almost one percentage point higher than the Eurozone average. The report reveals that annual…
In an alarmist interview, the Governor of the Bank of Greece, Yannis Stournaras, once again opposed the reintroduction of the 13th and 14th-month salary for public sector workers. He argued…
A new study by the European Statistical Office (Eurostat) on purchasing power for 2024 ranks Greece second to last, with figures showing the country is 30% below the EU average.
Starting April 1st, Greece’s minimum wage will rise to €880 gross, a €30 increase per month, as announced by Prime Minister Kyriakos Mitsotakis. While the government frames this as part…
According to data published today, Thursday, 20 March, by the Bank of Greece on the rate of increase in housing prices, apartment prices have risen at an average annual rate…
A 160-metre section of tunnel was mistakenly excavated during the construction of Line 4 of the Athens Metro near Katehaki. This error, which deviated from the original plans, was carried…