Inflation creeps up to 3.7%
Greece had the fourth highest rate in the eurozone in July, according to Eurostat estimates.
Tinos files lawsuit against electricity firm DEDDIE over summer blackouts
The Municipality of Tinos has filed a lawsuit against Greece’s electricity operator, DEDDIE, over repeated power outages plunging villages into darkness during peak tourist season.
Euronext aims to establish Athens bourse as regional hub
Euronext aims to make the Athens Stock Exchange its main hub for Southeastern Europe, while the transaction (the acquisition of the Greek exchange by the European platform) is expected to be value-accretive to earnings from the very first year.
PM’s brief August break masks September pressure
Prime Minister Kyriakos Mitsotakis departed on Friday for Hania, where he will take a brief summer break before returning to Athens on Monday for pending obligations.
Economic sentiment picked up in July
The economic climate index rose significantly in July, closing at 109.1 points, up from 106.1 points the previous month, the highest performance in the last 13 months.
‘Fairer, better-paid labor market being created’
Government spokesperson Pavlos Marinakis made a special reference in his briefing to the press on Thursday to the digital labor card and said that, overall, a fairer and better-paid labor market is being created, with a target minimum wage of 950 euros and an average wage of €1,500 by 2027.