BUSINESS Economy industry_pipeworks_web

Decline in industrial expectations in November

Business expectations deteriorated in November, mainly due to the further decline in output forecasts, according to the monthly survey of Greek industry published on Monday by the Foundation for Economic and Industrial Research (IOBE).

BUSINESS Finance euro_note--2

Debts to state rise every month


Greeks’ debts to the state continue to grow, as households and enterprises remain unable to meet their tax obligations. In total, 972 million euros in taxes went unpaid in October, while the tax authorities carried out 7,066 confiscations from taxpayers over debts to the state in November.

BUSINESS Energy energean2

Energean deal with Israeli state company

Greek oil company Energean on Monday announced the signing of an agreement with Israel Natural Gas Lines which foresees the construction by Energean of onshore and near-shore natural gas facilities in Israel, to be handed over to INGL upon completion. 



Farmers in central Greece hit the streets


Farmers in central Greece parked their tractors on the shoulder of the E65 Highway near Karditsa and hit the streets in Larissa and Farsala, on Monday, in protest at rising production costs and overheads. Their unions have vowed to escalate protests unless the government addresses their demands, which were dismissed by Agricultural Development Minister Stavros Arachovitis as "somewhat excessive" on Friday. [InTime News]