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 …
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 …
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 …
Alexander Kitroeff, a professor of history with an expertise on the Greek diaspora experience, joins Thanos Davelis to discuss the Athens Polytechnic uprising of November 17th, 1973, against the military dictatorship, and look at the diaspora’s key role in the broader story of restoring democracy to Greece. Source link
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 …
[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 …
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 …
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. …
File photo. The Independent Power Transmission Operator (ADMIE) signed an agreement for the sale of a 20% stake in its subsidiary Ariadne Interconnection to State Grid International Development (SGID) of China on Thursday. Ariadne Interconnection is the implementation agent for the linking of the Crete and Attica power grids. Signing the agreement were ADMIE President …
An exhibition showcasing ancient Greek history and culture opened in Beijing on Thursday, offering a rare glimpse of artifacts on loan from Greek museums. Titled “The Greeks: Agamemnon to Alexander the Great,” the exhibition will run at the Capital Museum of China until May 18, 2025, before moving to Shanghai. The display features 270 pieces …