Funds of more than 52 billion euros are to be mobilized in the construction sector (public, private projects and residential property building) in the period 2024-2026.
Funds of more than 52 billion euros are to be mobilized in the construction sector (public, private projects and residential property building) in the period 2024-2026.
The management of the Sonoco Hellas paper mill announced to its 98 employees on Tuesday that it is closing its two factories.
The increase in the minimum wage also creates pressures for salary increases for other employees in Greece, especially in small businesses and some industries, such as services.
Despite the increase in the minimum wage in 2023, Greece’s gross domestic product (GDP) per capita expressed in purchasing power standards is 67% of the European average, according to Eurostat.
Cyprus’ main exports for 2023 included mineral fuels and oil, halloumi and pharmaceutical products, according to the Cyprus Statistical Service (CyStat).
The state budget primary balance on a modified cash basis amounted to a surplus of 3.38 billion euros in January and February, against the primary surplus target of €1.98 million, according to the Finance Ministry.
European Central Bank policymaker Yannis Stournaras said on Tuesday that consensus was building within the European Central Bank for a rate cut in June, if inflation develops as projected.
On the question of whether Greece is a country that can change, my answer is affirmative. Yes, Greece is a country where reforms can be made that improve the quality of democracy, strengthen the economy and change the lives of Greeks for the better.
Prime minister Kyriakos Mitsotakis told a Canadian TV host Sunday that Greece is open for business.
The government has decided to raise the minimum wage to around 830 euros gross.
National Economy and Finance Minister Kostis Hatzidakis and his deputy Nikos Papathanasis received European Commissioner for Cohesion and Reforms Elisa Ferreira for a meeting in Athens on Thursday.
Prime minister Kyriakos Mitsotakis will travel to Canada on March 24 and 25, government spokesman Pavlos Marinakis said on Thursday.
Greece has climbed to the top of a list of 10 countries making the fastest progress in improving their business environment, according to an Economist Intelligence Unit report released on Wednesday.
Attica local authorities are putting an end to the issuance of building permits with height and square footage bonuses, as provided for in the New Building Regulations.
Greece’s state budget showed a reduced primary surplus in the two months of January-February 2024 on a cash basis, compared to the corresponding period last year.
Moody’s began upgrading the Greek economy by two notches just six months ago, on September 15.