Taxes eat away at income
From 2020 to the end of 2023, gross earnings rose 11% and the income tax corresponding to these earnings rose 41%.
Roadblocks for two concessions
The government would love to see the money from the concessions of Attiki Odos and Egnatia Highway reach its coffers this year, in order to help pay back part of the country’s debt. Increasingly, this seems unlikely.
Antiquities under the moonlight
Marking the August full moon, the Archaeological Museum of Thessaloniki opened for free on Monday night.
Milk firms drop prices, boost sales
Greece’s dairy industry is recovering, after a steep rise in the wholesale price of milk hurt sales. The lower retail price of milk allowed dairy industries to regain market share from private label producers.
Three boats carrying 76 migrants land on Gavdos in one day
A total of 76 irregular migrants from Syria, Egypt, Sudan and Bangladesh traveling in three separate boats landed on the shores of Gavdos, a tiny island south of Crete, in the early hours of Tuesday.
New round of surveys begin off Kasos
Turkey’s interest was again piqued on Monday by the conduct of surveys for the laying of electrical interconnection cables by the Italian-flagged research vessel Ievoli Relume south of Kasos and Karpathos in the southeast Aegean.
Stocks close marginally up, quietly
The Athens Stock Exchange closed only marginally higher Monday on very low turnover. Nonetheless, it extended its winning run to six sessions, with a cumulative rise of 3.61%.
Ambitious bank merger targets
The bank that will result from the merger of Attica Bank and Pancreta Bank is aiming at becoming a strong fifth pole in Greek banking, besides the current “big four” (Alpha, Eurobank, National, Piraeus).
PM to unveil fire-restoration plan in Penteli
Prime Minister Kyriakos Mitsotakis will be visiting the Greek capital’s fire-struck municipality of Penteli on Tuesday, where he is expected to chair a meeting with local and other officials and unveil the government’s plan for managing and restoring those areas east and north of Athens that were devastated by an out-of-control blaze last week.
Two officers arrested after ferry passengers injured at Santorini port
The captain and first officer of a high-speed ferry boat have been arrested after two passengers were injured during disembarkation at the popular holiday island of Santorini.