Trade soars in occupied territories

Data released by the Turkish-Cypriot newspaper Kibris and sourced from the Turkish-Cypriot Chamber of Commerce reveal a remarkable surge in sales of products from the Turkish-occupied territories to the Republic of Cyprus in 2022.

Greece’s trade deficit shrinks by 21% in July

Greece’s trade deficit shrank by 21% in July as imports fell more than exports in the month, the Hellenic Statistical Authority said in a report on the country’s merchandise trade.

Israel set to request Greek milk imports

Israeli Finance Minister Bezalel Smotrich signed an order to lift customs tax on imported milk for three months to deal with a milk shortage, the Israeli Finance Ministry said on Thursday.

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.

Drop recorded in Greece’s current account deficit

Greece posted a 5.2-billion-euro decrease in the current and capital account deficit in the first quarter of 2023 compared to the first quarter of 2022, a development related to the significant growth in the balance of secondary incomes, i.e. increased collection of European funds, but also to the reduction of the trade deficit (improvement of the balance of goods) due to a greater increase in exports than imports.

Committee discusses trade, energy relations with Moldova

The co-chairs of the Joint Interministerial Committee for Economic, Technological and Scientific Cooperation between Greece and Moldova, Greek Deputy Foreign Minister Kostas Fragogiannis and Deputy Minister for Development and Digitalization of Moldova Vadim Gumene reaffirmed both countries’ strong volition to strengthen economic and trade relations during the fourth meeting of the committee that was held in Chisinau on Friday.

EBEA: Greek exports to continue growing

“Greek exports broke the 50-billion-euro barrier in 2022, for the first time in history, and continue moving higher,” Sofia Kounenaki Efraimoglou, president of the Athens Chamber of Commerce and Industry (EBEA), said addressing the Greek Exports Forum & Awards 2023 organized by the Foreign Ministry.

Georgiadis: Export growth and competitiveness are the future

Development and Investment Minister Adonis Georgiadis on Thursday expressed his conviction that a competitive economy and exports – which export associations say are on track to reach 70 billion euros much sooner than the 2030 target date – are the future for Greece, “as this is the only way to avoid reliving the problems of the past.”

Piraeus Port turnover increased 26.2% in 2022

Piraeus Port Authority SA (OLP) on Friday announced that 2022 financial results marked another year of growth, with a turnover of 194.6 million euros compared to €154.2 million in 2021, indicating an increase of €40.4 million or 26.2%.