ATHENS - The special 'Easter Basket,' which offers traditional Easter foods at lower or unchanged prices, will come into effect from April 24 to May 4.
ATHENS - Long the ruler of the world’s waves, Greek shipowners have been fending off tough competition from China, and now Japan, but still are first with 17% of the globe’s fleet in terms of Dead Weight Tonnage (DWT.
After being urged by Bank of Greece Governor Yannis Stournaras, the European Central Bank (ECB) is reportedly poised to let the country’s Big 4 banks pay dividends when supervisors take it under consideration in June.
ATHENS - Expecting another record year in tourism to surpass the numbers in 2023 in arrivals and revenues, Greece’s infrastructure - particularly on overwhelmed islands - isn’t adequate to deal with the demands even as more resorts keep opening.
ATHENS - In what could be another scandal, Greece’s Competition Commission and the European Public Prosecutor’s Office (EPPO) are reportedly looking into €2.
ATHENS - Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.
ATHENS - Fueled by the Golden Visa program, which offers affluent foreigners and their families 5-year residency permits and valuable European Union passports, real estate emerged as the prime attraction for investors once again.
PIRAEUS, Greece -Greece’s essentially tax-free shipping oligarchs may rule the world’s waves but have bought 1,500 ships since 2000 from Chinese shipyards - Greece’s sector is struggling - and spent $70 billion to do it.
ATHENS - The sell-off of state interests in five banks by the end of the year is expected to reap 3.
ATHENS - Greece should not become complacent about its still surging recovery, which has been a remarkable comeback from the economic and austerity crisis of 2010-2018, Bank of Greece Governor Yiannis Stournaras warned.
PAROS - The New Democracy government’s vow to curb overtourism and unchecked development on islands, where infrastructure strain and business encroachment on beaches are prevalent, hasn’t slowed the proliferation of villas on Paros.
ATHENS - Attempting once more to tackle evasion amidst tax rates reaching up to 45%, making it challenging - or in some instances, impossible - to fulfill obligations to the state, Greece's New Democracy intends to halve the required payment amount, focusing solely on fines and surcharges.
ATHENS - Officials from the Hellenic Competition Commission raided 10 companies, including Greece’s three telecommunications firms and related service providers, during a probe into whether bids were being rigged.
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