Travel receipts set for record
The president of the Greek Tourism Confederation (SETE) and Electra Hotels & Resorts CEO and co-owner Yiannis Retsos expects a historic high in travel receipts in 2023.
Athens realistic about day after in Ankara
The referral of the Turkish presidential elections to a second round between the incumbent President Recep Tayyip Erdogan and the coalition of six opposition parties led by Kemal Kilicdaroglu did not make a serious impression in Athens.
Attica coast attracts investors
Lagonisi, Saronida, Sounio, but also the coasts of Eastern Attica and nearby islets, as well as obsolete and abandoned hotel complexes from previous decades are some of the points that are attracting the attention of investment schemes.
Greek election: five questions for markets
Greece votes on Sunday in what is likely to be an inconclusive election, meaning short-term uncertainty as markets wait to see whether a coalition government or a second-round vote follows.
Prince Albert II of Monaco to visit Elafonissos for Eco-Sustainable Symposium
Prince Albert II of Monaco will be visiting the island of Elafonissos on May 29, the Athens-Macedonian News Agency reported on Monday.
Cyprus firms, unions sign allowance deal
Last Friday, in the presence of Labor and Social Insurance Minister Yiannis Panayiotou, Cyprus’ social partners (trade unions and employers) signed a new transitional agreement on the Cost-of-Living Adjustment (CoLA), stipulating an increased allowance of 66.7% of last year’s inflation from the previous 50%.
More than 1 mln property owners exempt from ENFIA
Over a million property owners will be exempted from paying the Single Property Tax (ENFIA) this year, either because of low income and assets or because they live in areas affected by natural catastrophes.
Molester sentenced to 12 years in prison
A 40-year-old man was handed a 12-year prison sentence by the Mixed Jury Court of Appeal of Thessaloniki in northern Greece after he was found guilty of administering sedatives to his partner’s children and molesting them more than 10 years ago.
ATHEX: Late decline bumps index into the red
The last few minutes of the trading session at Athinon Avenue on Monday saw the main indexes swing from gains to losses – albeit marginal – primarily owing to the decline observed in foreign markets.
State budget outperforms in Jan-April
The Greek state budget recorded a primary surplus of 2.434 billion euros in the January-April period, compared to a budget target for a surplus of €869 million and a primary deficit of €799 million in the same period last year, the Finance Ministry said on Monday.