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Economy

ATHENS - S&P credit rating agency upgraded Greece’s outlook to 'positive' from 'stable' on Friday, April 19, 2024 while maintaining the investment-grade rating of BBB-.

ATHENS - The Ministry of National Economy and Finance is pressing ahead with a legislative regulation, which it will submit to Parliament within the week or at the latest the following day, to slash the fees for POS transactions.

ATHENS - The Ministry of National Economy and Finance is pressing ahead with a legislative regulation, which it will submit to Parliament within the week or at the latest the following day, to slash the fees for POS transactions.

ATHENS - According to the website capital.

ATHENS - According to the website capital.

ATHENS - Throughout 2023, Intrakat Group executed its strategic plan with remarkable success, witnessing robust performance across all business segments.

ATHENS - Throughout 2023, Intrakat Group executed its strategic plan with remarkable success, witnessing robust performance across all business segments.

LATEST

Greece’s Remarkable Rebound from Economic Crisis Still Rolling On

ATHENS - Almost nine years after teetering on the brink of expulsion from the Eurozone and experiencing a 25% economic contraction, Greece's improbable resurgence persists, with a forecasted 3% growth for 2024.

ATHENS - Almost nine years after teetering on the brink of expulsion from the Eurozone and experiencing a 25% economic contraction, Greece's improbable resurgence persists, with a forecasted 3% growth for 2024.

The 14th Annual Capital Link Sustainability Forum in Athens, May 28

ATHENS – The 14th Annual Capital Link Sustainability Forum, entitled ‘Sustainability – Investments & Economic Growth,’ takes place on Tuesday, May 28, at the Divani Caravel Hotel in Athens.

ATHENS – The 14th Annual Capital Link Sustainability Forum, entitled ‘Sustainability – Investments & Economic Growth,’ takes place on Tuesday, May 28, at the Divani Caravel Hotel in Athens.

‘Easter Basket’ and ‘Godparents Basket’ To Be Put into Effect Next Week

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 - The special 'Easter Basket,' which offers traditional Easter foods at lower or unchanged prices, will come into effect from April 24 to May 4.

IMF Predicts Greece’s Fiscal Rebound

ATHENS - A primary surplus of 2.

ATHENS - A primary surplus of 2.

Beating Back Chinese Challenge, Greek Shipowners Still First in Tonnage

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.

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.

European Central Bank Will Let Greece’s Big 4 Banks Pay Out Dividends

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.

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.

Greece’s Infrastructure Not Ready for Tourists, More Resorts Coming

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 - 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.

Greek Authorities, EU Probe Fraud in Contracts Worth 2.5 Billion Euros

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 - In what could be another scandal, Greece’s Competition Commission and the European Public Prosecutor’s Office (EPPO) are reportedly looking into €2.

High Prices Drive Down Greek Retail Sales, Stores Hope Easter Comeback

ATHENS - Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.

ATHENS - Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.

Foreign Investors Buying Property Make Up 50% of Greece Real Estate Deals

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.

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.

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