The pandemic and the energy crisis that burdened the previous four years did not help to deal with chronic wounds of the economy, on the contrary, they restored – even if temporarily – the deficits in the budget and in the balance of payments.
The new cycle of subsidies for tourism investments has begun, only this time it excludes business plans on Mykonos and Santorini.
Greece posted a 5.2-billion-euro decrease in the current and capital account deficit in the first quarter of 2023 compared to the first quarter of 2022, a development related to the significant growth in the balance of secondary incomes, i.e. increased collection of European funds, but also to the reduction of the trade deficit (improvement of…
Three Cypriot companies are included in the new list of sanctions imposed by the US.
The Greek housing market is showing a deficit of over 10,000 residences, according to realty professionals, as a result of which supply is unable to meet demand for both the purchase and rental of quality properties.