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Latest Figures Show Huge Increase in Foreign Capital Buying Properties in Greece

According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in January 2019 showed a staggering increase of 155.7 percent over the same month in 2018. This...

''Don't Order Food, Cook Pasta!'': Greek Food Delivery Workers Go on Strike

The first coordinated strike of workers in the food delivery sector will take place simultaneously in Athens and Thessaloniki on Thursday. The workers in this specific sector have participated in strikes in the past, but this is their first attempt...

Final Data Reveals More Than 33 Million Tourists Visited Greece in 2018

According to the final data revealed by the Bank of Greece on Wednesday, a total of 33,072,000 people visited Greece from January 1 to December 31, 2018. According to the official data, the inbound tourist arrivals in Greece reflected an...

Prosecutors Send ''Novartis'' Case to Greek Parliament

Greek prosecutors sent the file of the ''Novartis case'' to the Greek Parliament on Monday. The investigation conducted by prosecutors into an alleged bribery scandal involving the Swiss pharmaceutical firm Novartis and senior Greek politicians is now completed. The public prosecution...

Investment in Greece Remains Low Despite Favorable Growth Rate

The ratio between Greece's GDP and the amount of investment in the country is the lowest in the European Union, according to the latest figures recently released by ELSTAT. The Greek Statistics Authority has determined that the value of investments...

The Best Workplaces in Greece for 2019 Revealed

The best work places in Greece for 2019 were revealed recently by the organization ''Great Place to Work Hellas,'' the Greek branch of the global ''Great Place to Work'' company. Great Place to Work Hellas has conducted surveys for seventeen...

Greece's Port of Piraeus Records Stunning 147% Increase in Profits for 2018

The Piraeus Port Authority (OLP) announced on Friday that the company's net profit for 2018 was 147 percent higher than what it had earned in 2017. The Authority noted in a statement that its profits before tax amounted €42.3 million...

Study Shows Greek Hotels Overwhelmingly Dependent on Foreigners

The latest figures regarding the guests staying at Greek hotels reveal that the share of Greek citizens staying in Greek hotels has decreased significantly since the year 2010. More specifically, the report, published by the Greek Chamber of Hotels’ Institute...

Thessaloniki-Skopje Oil Pipeline To Reopen This Year

Hellenic Petroleum chairman and CEO Efstathios Tsotsoros said on Wednesday that the existing oil pipeline between Thessaloniki and Skopje could resume operation as soon as the end of this year. Speaking with the state-run AMNA news agency, Tsotsoros noted that...

Greece Becomes the Second Largest Investor in North Macedonia

Greece's importance in the economy of North Macedonia is becoming even more clear after the ratification of the Prespa Agreement, as the country became the second largest investor in North Macedonia for the year of 2018. The role of Greek businesses...