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Economy

Workers in Food Delivery Services Protest in Thessaloniki

The union of workers for the food-delivery industry led a demonstration which took the form of a motorcade down the central streets of Thessaloniki on Monday morning. The union claims that incidents of physical and verbal abuse against the workers in...

High Rents Force Mykonos' Businesses to Shut Down (video)

The high prices owners demand from businessmen to pay for rent at Mykonos' highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously high prices, which include, apart...

Highway That Connects Athens With Thessaloniki Blocked By Farmers

Farmers from across central parts of Greece blocked the main highway that connects Athens with Thessaloniki in the area of Tempi on Saturday morning. In what could be the start of a series of wider protests, the farmers of the...

Greek Farmers Ready To Launch More Highway Protests

Greek farmers, who blocked roads in protests last week, are expected to do the same in central Greece again this Saturday. The renewed blockages could prove to be the beginning of a series of wider nationwide actions. The farmers of...

Crete Voted Fifth-Best Travel Destination in the World

The Greek island of Crete has just been voted the fifth best of all the world's top destinations in TripAdvisor's recent "Best Destinations in the World - Travelers Choice" awards. Crete was featured among the most well-known and popular tourist destinations...

EU Predicts Rosy Outlook for Cyprus Economy This Year

The Gross Domestic Product (GDP) of the island nation of Cyprus is expected to grow by 3.3 percent in 2019, the European Commission said on Thursday. The commission predicted this rosy outlook on the basis of new data which...

Greek Shipping is First in The World in Vessel Value

The Greek shipping has risen to first place in the world as measured by the value of its vessels, the ''VesselsValue'' data company announced earlier this week. Shipping vessels owned by Greek companies reached $105 billion (€92 billion) in value in...

Businesses With Macedonian Names and Brands Concerned About Prespa

More than four thousand Greek businesses which have the terms "Macedonia" or "Macedonians" either in their brand names or in their descriptions, are now concerned about what the future might bring. According to Greece’s Kathimerini newspaper, 182 total businesses in Greece have brand...

Trans-Adriatic Natural Gas Pipeline Nearly Complete

Katerina Papalexandri, the manager of the Greek section of the new pipeline, announced on Monday that the construction of the Trans-Adriatic Pipeline is nearly complete. Speaking with the state-run AMNA news agency, Papalexandri said that the excavations to lay the pipe...

Greek Farmers Block Main Highways in Protests

Greek farmers from across the country have started protesting by blocking roads and highways in many areas across the nation. The farmers are demanding lower oil prices, reductions to the costs of production, better taxation rates and lower social security...