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Mar 21, 20242 min read
Minimum Wage in Greece to increase to € 830 per month in April 2024
The minimum wage in Greece is set to increase from a net wage of € 666.85 per month to € 705 per month in April 2024. If social security...
Feb 10, 20242 min read
Greece hits record milestone in green energy output in 2023
Greece achieved its highest-ever level of renewable energy production in 2023. Energy produced from wind, solar and hydroelectric sources...
Feb 7, 20241 min read
Greek Government to sell 30% share in Athens International Airport
The Greek Government approved an initial public offering (IPO) to sell a 30% share in the operating company of Athens International...
Jan 8, 20242 min read
The Port of Piraeus received 1.5 million cruise passengers in 2023
More evidence that Greece’s tourism sector and wider economy are recovering after the 2020-2021 COVID Pandemic came with the announcement...
Sep 12, 20233 min read
Dun & Bradstreet upgrades Greece's credit rating
Dun & Bradstreet (DBRS Morningstar) upgraded the Hellenic Republic’s Long-Term Foreign and Local Currency – Issuer Ratings from BB (high)...
Jul 14, 20213 min read
Greece appears among the most attractive Investment Destinations in Europe
Ernst & Young has published the 2021 edition of the EY Attractiveness Survey Greece. This indicates that Greece is gaining ground as an...
Jun 28, 20212 min read
Municipality of Athens announces a € 1.5 mln programme for Lycabettus Hill Renewal
The Municipality of Athens has announced a plan to renovate and upgrade the area of Lykabettus Hill, a popular hill in the centre of...
Jun 3, 20212 min read
Greece to support tourism business with €350 million support for seasonal reopening
The Greek government has announced a subsidy of € 350 million to support their re-opening for the 2021 tourism season. This support will...
Jun 2, 20212 min read
Greek Fintech Hub launched in Athens
The National Bank of Greece, the Onassis Foundation, the Hellenic Chamber of Hotels, the National & Kapodistrian University of Athens,...
May 11, 20212 min read
Re-development of the Gournes Air Base, Crete Announced
A former US Airforce air base at Gournes, in Heraklion Prefecture, Crete, is in the process of receiving permission for re-development....
Apr 27, 20213 min read
Viva Wallet raises $ 80 mln
Viva Wallet, the Greek online payments company, has received financing of $ 80 mln. According to Techcrunch, the company will use money...
Apr 16, 20212 min read
TUI Russia promises 300,000 Tourists in 2021
According to Greek Travel Pages, TUI Russia says it will bring 300,000 Russian tourists to Greece in 2021. Athens, Greece: 17 April 2021...
Apr 14, 20212 min read
Greece will open for tourism on 19 April 2021
The Greek government has announced the easing of restrictions for incoming tourism starting 19 April 2021. A local lockdown, however,...
Apr 11, 20212 min read
Aegean Airlines reports € 228 mln loss in 2020
Aegean Airlines reported a € 228 mln financial loss in 2020 as a consequence of flight restrictions related to the Covid-19 pandemic. The...
Apr 1, 20212 min read
Greek government receives two bids for Egnatia Motorway concession in Greece
The Hellenic Republic Asset Development Fund (HRADF) received two new bids for the Egnatia Motorway Concession tender in Greece. The...
Mar 23, 20212 min read
Ryanair announces three new Bases in Greece
On Wednesday, Ryanair announced its plans for further expansion in Greece. It plans to open three new summer bases in Corfu, Chania and...
Mar 16, 20212 min read
Economic Turnover in Greece falls by € 41 billion
The Hellenic Statistical Authority (ELSTAT) announced that turnover across the whole range of enterprises and economic activities...
Feb 10, 20213 min read
Greek GDP declines by 10% in 2020; Public Debt rises to 227% GDP
The European Commission has released the European Economic Forecast Winter 2021. According to its forecast, Greece’s real GDP is expected...
Feb 9, 20213 min read
Fraport Greece completes four-year construction programme for 14 Greek Regional Airports
Fraport Greece announced the completion of a four-year infrastructure development program at 14 regional airports in Greece. The total...
Jan 17, 20212 min read
Greek Hotel Turnover Declines by 78% in 2020
According to the Institute for Tourism Research and Forecasts (ITEP), Greek hotel turnover declined by 78% to € 1.83 bln compared to €...
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