Category Archives: Latest Greek news

E9 property status form to be automatically updated

The property status form (E9) of taxpayers will be automatically updated after the sale or purchase of a property.

NATO allies to spend ‘at least 2%’ of GDP on defense, diplomats say

NATO allies have reached agreement to raise the alliance’s target for military spending to at least 2% of national GDP, two diplomats told Reuters late on Friday.

Inflation in Cyprus drops to lowest in 25 months

Inflation in Cyprus reached its lowest level in 25 months in June 2023 and stood at 1.9% on an annual basis, mainly due to the decline in food prices.

The ‘great resignation’ is over. Can workers’ power endure?

Tens of millions of Americans have changed jobs over the past two years, a tidal wave of quitting that reflected – and helped create – a rare moment of worker power as employees demanded higher pay and as employers, short on staff, often gave it to them.

G-Cloud to shut down from 7 to 8 a.m. on Monday

Online public services will become unavailable for one hour on Monday due to an upgrade of the so-called Government Cloud (G-Cloud), said the Digital Governance Ministry’s General Secretariat for Information Systems and Digital Governance.

Stournaras: An ECB hike after September would be ‘surprising’

Greek central bank chief Yannis Stournaras did not rule out a further interest rate hike by the European Central Bank in September, but added that any increase beyond that month “would be surprising.”

Cyprus Parliament approves foreclosures law

A significant mobilization by the Cypriot government and the Central Bank of Cyprus this week regarding the framework of foreclosures bore fruit.

Talk of far-right resurgence exaggerated

Too much controversy has been stirred up by the 12.77 percent won by the three far-right parties – the Spartiates (Spartans), Greek Solution and Niki (Victory) – in the June 25 legislative election. Those who fearmonger either ignore or pretend to ignore the even higher percentages obtained by the far-right in previous elections, such as…

ATHEX: Negligible loss for benchmark

A balanced session with particularly low turnover brought the week to a close at the Greek stock market as external pressures were mostly offset by the upward moves by blue chip heavyweights Coca-Cola HBC and Piraeus Bank.

Trade deficit posts 11% drop in May

The Greek trade deficit shrank 11% in May during a month which showed a 15.4% drop in exports and a 13.6% decline in imports, the Hellenic Statistical Authority said on Friday.