Foreign Minister Gerapetritis to update political leaders on Greek-Turkish relations

Foreign Minister Gerapetritis to update political leaders on Greek-Turkish relations

[InTime News] Foreign Minister Giorgos Gerapetritis is set to brief the leaders of Greece’s political parties next week regarding key foreign policy issues, according to a statement from the ministry of foreign affairs. This follows recent remarks by Turkish Foreign Minister Hakan Fidan, who reiterated Ankara’s intention to defend its interests in the Aegean and …

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Greece to face Scotland in Nations League play-off

Greece to face Scotland in Nations League play-off

[AP] Greece has been drawn against Scotland in the Nations League play-offs as it aims to earn promotion to the tournament’s top tier. Under the management of Ivan Jovanovic, Greece finished second in Group B2, narrowly missing out on first place to England on goal difference. The team earned an impressive 15 points from six …

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Meager growth for retail commerce turnover in Q3

Meager growth for retail commerce turnover in Q3

Turnover in all businesses of the retail sector in Greece posted a small annual increase of 0.8% in the third quarter of 2024, significantly below the inflation rate, while apparel retailers saw an annual decline, according to the figures the Hellenic Statistical Authority (ELSTAT) released on Friday. Retail trade turnover amounted to 18.84 billion euros …

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More rules for short rentals

More rules for short rentals

For the first time, an intervention is being attempted, beyond the tax framework, which is currently the only reason for which these properties can be inspected. Now the Tourism Ministry will obtain inspection responsibilities, related to health, safety and other parameters.  Next week the Tourism Ministry is putting up for consultation a bill introducing a framework of …

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4.2 magnitude quake registered off Kos island

4.2 magnitude quake registered off Kos island

A 4.2 magnitude earthquake was registered off the eastern island of Kos on Friday morning. There were no reports of injuries or damage. According to the Geodynamic Institute of the National Observatory of Athens, the epicenter of the quake, which struck at 11.29 a.m., was 33 kilometers south-southwest of Kefalos, the westernmost town of the …

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31-year-old to testify over Ambelokipi incident

31-year-old to testify over Ambelokipi incident

Self-proclaimed anarchist Nikos Romanos, arrested on Monday in connection with the October 31 explosion at an apartment in the central Athens neighborhood of Ambelokipi, is set to appear before a prosecutor on Friday. Romanos is expected to deny any involvement in the case. The 31-year-old, who previously served a prison sentence for his participation in …

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Digital obstacles to tax evasion

Digital obstacles to tax evasion

[Intime] The government is building on the successful application of its measures against tax evasion and is introducing a new batch of interventions for 2025 that should improve tax compliance further and allow for middle incomes to have more of the burden that has been placed on them lifted. The measures taken to date have …

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Shipbuilding expands but needs regulation

Shipbuilding expands but needs regulation

Greek shipbuilding is in a phase of ambitious expansion thanks to significant investments, but requires a regulatory framework from Athens and Brussels that will shield it from unfair competition from Asian shipyards, local shipbuilding company chiefs told a conference last week. Panos Xenokostas, chairman and CEO of Onex Shipyards & Technologies Group that has invested …

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Tapping bond markets for 11 bln euros in 2025

Tapping bond markets for 11 bln euros in 2025

Following the new upgrades from the rating agencies and the achievement of fiscal stability, Greece will tap the markets in 2025, seeking to raise 11 billion euros. Greece’s presence in the bond markets next year is expected to be more intense compared to this year, due to the increased financing needs of the state budget. …

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