Greece’s unemployment hits 17-year low, minister says

Greece’s unemployment hits 17-year low, minister says

Labor and Social Affairs Minister Niki Kerameus on Thursday noted that unemployment in Greece was at its lowest level in 17 years in January 2025. “Greece has the largest increase in employment in the 20-64 age group in the European Union countries between the third and fourth quarters of 2024. Unemployment in Greece in January …

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Conference tourism could triple its impact

Conference tourism could triple its impact

Conference tourism could triple its benefit to the Greek economy, which, according to industry experts, could reach over 6 billion euros annually from €2 billion today, subject to the development of appropriate infrastructure and the implementation of relevant promotional activities. That was the main message emerging from the 14th Congress of the Hellenic Association of …

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Drunk British Woman Causes Chaos On Board

Drunk British Woman Causes Chaos On Board

An emergency landing took place in Athens after an intoxicated British woman caused a disturbance and panic on a Wizz Air flight from the UK to Egypt, forcing the pilot to divert the plane to Athens’ Eleftherios Venizelos Airport. According to the Daily Mail, the incident occurred two hours after the flight departed from Gatwick …

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Investor irked by brake on Nicosia project

Investor irked by brake on Nicosia project

A Lebanese investor is threatening legal action after the Department of Antiquities blocked a 115-million-euro development near the historic Nicosia walls, despite other authorities initially supporting the project. At a press conference, businessman Wahid P. Chammas, owner of Nerofarm Properties, said he purchased the land near Famagusta Gate with official encouragement and spent eight years …

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Moody’s Upgrades Greece – Grants Investment Grade Status

Moody’s Upgrades Greece – Grants Investment Grade Status

Moody’s has upgraded Greece’s credit rating to “Baa3” with a stable outlook, stating, “Public finances have improved faster than initial estimates.” Today marks a significant day for the Greek economy as the final barrier keeping the country from investment grade status has fallen. Moody’s, the strictest of the major rating agencies, has granted Athens the …

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Greece seizes 8.2 tons of illegal Freon from Turkey

Greece seizes 8.2 tons of illegal Freon from Turkey

Greek tax authorities seized 8.2 tons of illegal Freon refrigerant imported from Turkey, imposing a 2.9 million-euro fine, officials announced Friday. During a customs inspection at Thessaloniki’s import-export office, officials discovered fraudulent import documents and the absence of the required fluorinated gas import quota. The shipment was confiscated, and €9,000 in customs and tax charges …

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Olympiakos narrowly beats Panathinaikos in Euroleague

Olympiakos narrowly beats Panathinaikos in Euroleague

[Intime] Olympiakos edged out archrival Panathinaikos 76-74 in the all-Greek derby of the Euroleague on Friday in Piraeus and has all but confirmed its finishing in the top two in the regular season. The hosts very nearly blew a 19-point lead, as the title holders got the chance to win the match with a last-ditch …

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Greece’s 10th ‘Boat & Fishing Show 2025’ opens with record participation

Greece’s 10th ‘Boat & Fishing Show 2025’ opens with record participation

[boatfishingshow.gr] Greece’s largest fair for the sea, boats, fishing and maritime tourism, “Boat & Fishing Show 2025,” has opened at the Mediterranean Exhibition Center (MEC) in Paeania, eastern Attica. It is its 10th anniversary. The show will remain open through Sunday, and will include specialist units: Watersports Expo, Scuba Dive Expo and Spearfishing Expo. A …

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Time for fire prevention | eKathimerini.com

The experiences of natural disasters in recent years should have already instilled in the collective consciousness the principle that only prevention can save lives and property.  The “routine” of wildfires can only be dealt with if everyone – from the central and local government to all citizens – takes precautions to comply with the rules …

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ATHEX: Index grabs more than 4% in one week

ATHEX: Index grabs more than 4% in one week

Banks were not alone in pulling the Greek stock market higher on Friday, as almost all blue chips posted gains and took the main index to yet another 14-year high. The rise of the benchmark in these two-and-a-half months so far this year has exceeded 15%, as the local market is firmly on the radar …

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