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Friday, 30 Αυγούστου 2024

Greece’s unemployment rate below 10% for second consecutive month

Greece’s unemployment rate stood at 9.9% in July, according to the data of the Hellenic Statistical Authority (ELSTAT). In the corresponding month of 2023, unemployment was at 11.1%, while it…

Enterprise Europe Network Hellas: Higher turnover by 35.5% for the companies that received its services

The average turnover of Greek businesses that received services from the Enterprise Europe Network Hellas consortium increased by 35.5%, according to the survey on the quality of services of the…

Austria Card revises upwards its 2024 results

Austria Card Holdings AG Group is on track to achieve or exceed its forecast for 2024, the company’s management said during the release of its six-monthly financial results. “We confirm…

Athens stock exchange: Summer ends with losses – Focus on MSCI changes

All eyes are turned on the restructuring of the MSCI indices on the last day of the summer. More specifically, a rebalancing will take place, with the Motor Oil share…

Will Japan be the honored country of 2026 TIF?

Discussions are underway with the administration of TIF-Helexpo SA, for the declaration of Japan as an honored country in the 2026 Thessaloniki International Fair (TIF), the Japanese ambassador to Athens,…

Gerapetritis calls on Fidan to avoid tension between the two countries

Foreign Minister George Gerapetritis met with his Turkish counterpart Hakan Fidan on the sidelines of the informal meeting of the EU Foreign Affairs Ministers in Brussels. According to diplomatic sources,…

Pension applications soar-Insurance system under pressure

A significant increase in new applications for pension were recorded in the labor market, according to EFKA data for the first half of the year. An additional incentive is now…

Athens Stock Exchange: Which stocks have not recovered from the August 5 sell off

The Athens Stock Exchange may have fully recovered the losses from the sell off of August 5, when the General Index lost 6.2% and fell to 1,341 points, but there…

Summer sales: Lower or same turnover for 8 out of 10 retail companies

Turnover in 8 out of 10 businesses was the same or even lower during the summer sales compared to last year, according to the results of the six-monthly survey of…

Thursday, 29 Αυγούστου 2024

Greece mulls reducing income criteria by 30% in 2025

The government said that the implementation of the measure concerns not only the pre-election commitment, but mainly the reduction of unfair burdens. A reduction that is part of the general…

Housing policy: List of first 447 properties for exploitation

The State has identified the first 447 properties to be exploited as part of the measures to address the housing problem, through 365,853 properties that have been included in the…

BoG: Deposits decreased by 607 million euros in July

According to BoG, the annual rate of change of the total financing of the domestic economy remained unchanged at 3.7% in July 2024, compared to the previous month. The annual…

Gerapetritis: Turkey’s European path must be based on respect for international law

“We are coming to the informal Council of Foreign Affairs, in an extremely difficult and sensitive period for international security,” Foreign Minister George Gerapetritis said upon his arrival at the…

What caused the 1%-400% increase in drug prices?

The cost of drugs will increase for Greek citizens following the government’s price adjustment in more than 900 products. This move was deemed necessary, as, according to Health Minister, Adonis…

Hatzidakis: Tax incentives for angelinvestors and the commercial exploitation of patents

The financial staff presented the innovation and merger incentives bill during the cabinet meeting. Following the disbursement of the 4th payment request for the 1-billion-euro subsidies in October, Greece will…

Imperial Petroleum records higher profits

Imperial Petroleum, owned by Haris Vafias, recorded net income of 19.5 million dollars in Q2 2024, up 2.8 million dollars from Q1 and up 2.7 million from Q2 quarter of…

Russian fleet entering the LNG sector

After developing a “shadow” fleet of tankers, the market analysts’ estimates that Russia is now building its own fleet of LNG carriers to counter Western sanctions are confirmed. The US…

Shipowners opt for used bulk carriers and new tankers

Shipowners are buying used bulk carriers and building tankers, according to the latest data on shipping deals. In dry cargo, the weekly report published by shipbroker Xclusiv Shipbrokers shows strong…

Fourlis: Strategic agreement with Foot Locker

Fourlis Holdings SA announced a new strategic agreement in the sports industry through the signing of licensing agreements with Foot Locker. The deal aims to further expand its store network…

Wednesday, 28 Αυγούστου 2024

Updated Eispraxis system brings confiscations

The Independent Public Revenue Authority (AADE) proceeds with a series of confiscations on taxpayers with overdue debts to the tax office, activating the new “big brother” from the beginning of…

Business lending in the eurozone slows down

Bank lending in the Eurozone remained sluggish in July, due to the wait-and-see stance ahead of the European Central Bank’s rate cut. According to ECB data, a small increase in…

Athens stock exchange: How it will overcome the stagnation of the last days

The Athens Stock Exchange continues to show stagnation in the last few days, waiting for  investors to return from holidays in order to start moving forward. For eight consecutive sessions,…

Open Letter to the Greek public opinion and to the EU Embassies in Greece,regarding the dire consequences of inviting the Turkish FM to the EU`s informal Council, of August 29th,2024

The invitation, addressed by the EU to the Turkish Foreign Minister Hakan Fidan to participate  along with his  27 EU colleagues  in their upcoming  meeting of August 29th, is nothing…

Cenergy Holdings: Strong performance in the first half of 2024

Cenergy Holdings aims at its further development and for this purpose it is considering an increase of its share capital by 200 million euros. The aim is to strengthen Cenergy’s…

IRIS: The deadline to register in the direct payment system extends to Sept 2

Τhe deadline for freelancers and the self-employed to connect their business account to the direct payment system expires οn Monday, September 2. Through the IRIS system, they are allowed to…

Independent Authority Labor Inspectorate: Large number of violations detected in Digital Work Card

In terms of the violations detected in the labor market, the Digital Card is in second place, as it appears from the inspections carried out by the Independent Authority Labor…

Athens stock exchange: The winners and the losers of the summer

The Athens General Index has remained almost unchanged in the last quarter, which coincides with the three summer months of the year, confirming for another year that investors refuse to…

Storm Daniel: 100 million euros from the Recovery and Resilience Facility

The Commission has proposed financial support, amounting to 101.5 million euros, from the EU Solidarity Fund, to deal with the damages caused by the floods in September 2023 due to…

Tuesday, 27 Αυγούστου 2024

My House 2 program: Speeding up for the final terms before TIF – The income limit for single people enhanced to 20,000

There will be more beneficiaries who will be able to acquire a residence through the “My Home 2” program as the income criteria are expanded, starting with the single person…

The olive oil crisis is heading to its end, but will prices fall?

The olive oil crisis seems to be coming to an end. After two years of drought in southern Europe, during which production collapsed and olive oil prices skyrocketed, industry forecasts…