Athens airport expects 30 mln travelers in 2024
ECONOMY

The supply of four Airbus A321 neo LR from Aegean, which will allow for flights lasting up to 7.5 hours, will also help boost the connectivity of the Eleftherios Venizelos airport with new major markets.



Storm of M&As in the IT sector
BUSINESS

Mergers and acquisitions that are accompanied by the entry of foreign players into the Greek market have tended to be the rule for at least the last three years in the IT sector.


Discussion focuses on financing ocean economy 
ECONOMY

The PAMEX Local Investment Finance Facility (PLIFF), together with the French Ministry of Foreign Affairs and the Hellenic-Spanish Chamber of Commerce, successfully organized a side event at the Our Ocean Conference which took place in Athens last week, titled “Financing Ocean Economy and Political Mobilization within the Mediterranean Region.”


Portal for tax declarations has opened
TAXATION

The online portal has opened on Taxisnet for the submission of tax returns for the incomes of 2023, with the final date for their submission being Friday July 26.

Cyprus tourism up 5% in first quarter
ECONOMY

The deputy minister of tourism for Cyprus, Kostas Koumis, said on Friday that tourism has been showing a solid northward trend since the start of the year. 


Athens mayor clashes with hoteliers
ECONOMY

The demand of the new mayor of Athens, Haris Doukas, for an increase in the fees imposed on accommodation in the capital’s hotels in order to finance the increased needs for infrastructure and personnel created by the increase of tourists in the capital has triggered a confrontation with hoteliers.

Credit expansion of 8% in Q1
BANKING

Bank of Greece data for the first quarter of the year confirm the recovery of financing to businesses that will support credit expansion in 2024, as the net flow of financing moved into positive territory, in the order of of 333 million euros.