GREEK ECONOMY

ENGLISH EDITION

The "battle" for Heraklion port and the long list of delayals

Interest for a 67% stake in OLI is expected to come from a number of strong groups such as the Italian group Grimaldi, that controls Minoan Lines, AVIAREPS of the Cretan businessman G. Grylos, GEK TERNA, and shipping companies such as Attica and possibly foreign investment groups.

20 Αυγ 2021 09:25

ENGLISH EDITION

Growth leads economy back to 2019 levels: Tourism holds the key

In combination with encouraging data on the tourist season, optimism is growing for an economic growth rate in 2021 that will exceed the Finance Ministry’s moderate forecasts (3.6%) and will probably move towards the more optimistic forecast of IOBE (5% - 5.5%), or even higher, unless of course there are negative developments regarding the pandemic.

19 Αυγ 2021 09:11

Prasino Pistopoiitiko, Green Pass, Koronoios, Coronoios, Corona Virus, covid-19

ENGLISH EDITION

Digital Green Pass will act as fast-track lane for tourism

The Greek Prime Minister described it as the "best example of European cooperation", noting that cooperation on the issuance of the digital certificate reminded us that Europe can be an incubator of ideas, innovation and solutions that can lead to change, in a rapidly changing world.

31 Μάιος 2021 07:49

businessdaily_recovery_fund

ENGLISH EDITION

Business loans seen soaring to 33 bln euros on EU Recovery Fund

Top bank officials do not hide their optimism about the new growth environment that the Recovery Fund will create. Alpha Bank became the first bank to raise new funds from shareholders to support fresh lending.

26 Μάιος 2021 08:17

ENGLISH EDITION

Debate on Greek debt sustainability reopens

The pessimistic predictions by Paul Thomsen and the response from Greek and European officials. The new debt sustainability analysis by the Commission and the heavy burdens from the pandemic.

10 Απρ 2021 09:45

ENGLISH EDITION

Improved prices to help Greek tourism sector this year

Μost importantly, there is hope for vaccinations this year, and the pan-European digital passport is expected to open the way when implemented.

11 Μαρ 2021 07:46

ENGLISH EDITION

Pandemic support measures climb above 10 bln euros

The latest health data is forcing changes to the original plan, resulting in unfavorable scenarios being put on the table for the duration of the crisis, based on which the state’s additional burden may exceed 3 billion euros by the end of April. The increase in costs is attributed to the extension and addition of support measures until April and the activation of programs subsidizing fixed costs and business loans.

03 Φεβ 2021 19:45

ENGLISH EDITION

Half of the loans suspended by Greek banks in dangerous territory

The data published by the EBA is more in line with the pessimistic estimates by the BoG, confirming that in the danger zone there are loans of 10.98 billion euros out of a total of 22.2 billion euros of loans that have been suspended.

15 Ιαν 2021 07:45

Mykonos, Cyclades

ENGLISH EDITION

Mykonos municipality braces for tough year, looks for virtual boost

One of Greece’s richest municipalities, passed a budget targeting infrastructure projects under the weight of severely reduced revenues brought on by the pandemic.

29 Δεκ 2020 16:11

ENGLISH EDITION

IMF: Greek debt sustainable but risks rise

The main problems for the Greek economy are, firstly, tourism and, secondly, bad loans and mainly the creation of new ones, due to the crisis caused by the coronavirus pandemic.

01 Δεκ 2020 07:50

digital nomads-internet-ypologistis

ENGLISH EDITION

Athens struggles to draw digital nomads

With remote working becoming the norm these days, competition between countries to attract digital workers is rising. This is a fast emerging lucrative market that offers many benefits to local economies as the future of tourism remains uncertain.

16 Νοε 2020 13:57

ENGLISH EDITION

Athens, Corfu in top ten of cheapest destinations

In the case of the Greek capital, the average cost is 92 euros per night and covers three, four and five star hotels, with Athens being the ninth cheapest European city.

05 Νοε 2020 15:48