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OT |

English Edition

Greece Readies Hefty Fines for Uninsured Vehicles, Missed Inspections
English Edition |

Greece Readies Hefty Fines for Uninsured Vehicles, Missed Inspections

Those caught in the digital trap will be required to pay the stipulated fines. In cases of non-compliance they will face a doubling of the fines, and vehicles will lose their license plates and registration.

ExxonMobil and HELLENiQ ENERGY Launch Second Phase of Hydrocarbon Exploration Southwest of Crete
English Edition |

ExxonMobil and HELLENiQ ENERGY Launch Second Phase of Hydrocarbon Exploration Southwest of Crete

It's important to note that the ExxonMobil/HELLENiQ ENERGY consortium had already conducted preliminary 3D geophysical surveys in the area in early 2024.

ELSTAT Reports Inflation at 2.9% in September
English Edition |

ELSTAT Reports Inflation at 2.9% in September

These trends are largely attributed to a significant drop in energy prices, despite some fluctuations, along with a softening in food prices.

Baker, Jumper, Hassabis Win 2024 Nobel Prize in Chemistry
English Edition |

Baker, Jumper, Hassabis Win 2024 Nobel Prize in Chemistry

The three scientists were awarded for their pioneering work in protein design offering solutions to some of the world’s most pressing challenges.

Rebrain Greece Aiming to Repatriate High-skilled Greeks
English Edition |

Rebrain Greece Aiming to Repatriate High-skilled Greeks

Greek Labor Minister says improved salaries and working conditions, and a stronger economy will help attract specialized human resources.

Terna Energy: European Commission Clears Acquisition by Masdar
English Edition |

Terna Energy: European Commission Clears Acquisition by Masdar

The EC's approval follows Masdar's acquisition of a 67% stake in Terna Energy earlier this year and was a necessary step before Masdar can proceed with taking full ownership of the company.

Co-Ownership of Vacation Homes Introduced to the Greek Market
English Edition |

Co-Ownership of Vacation Homes Introduced to the Greek Market

The target market for co-ownership includes Greeks who wish to acquire holiday homes at a low cost, foreign clients and businesspeople.

Deadline For Taxis to Display Sticker for CC Payments
English Edition |

Deadline For Taxis to Display Sticker for CC Payments

Failure to place the sticker on the rear right side of the vehicle will result in a fine of up to 1,000 euros

Uber Thrives in Greece Thanks to Tourism
English Edition |

Uber Thrives in Greece Thanks to Tourism

Uber sees rise in demand for rides to and from Athens Airport driven by strong tourism and a longer tourist season.

Attiki Odos: Marianna Latsi Acquires 10% Stake in ‘New Attiki Odos’ in Mega Deal with GEK TERNA
English Edition |

Attiki Odos: Marianna Latsi Acquires 10% Stake in ‘New Attiki Odos’ in Mega Deal with GEK TERNA

GEK TERNA released an official statement confirming the agreement

Geoffrey Pyatt in Athens to Promote U.S.-Greece Energy Ties
English Edition |

Geoffrey Pyatt in Athens to Promote U.S.-Greece Energy Ties

Geoffrey Pyatt, the U.S. Assistant Secretary of State for Energy Resources and former Ambassador to Greece, is expected to meet with senior Greek officials and energy company executives during his visit.

Golden Visa Program: Chinese ‘Dominate’ Plan with Over 50%
English Edition |

Golden Visa Program: Chinese ‘Dominate’ Plan with Over 50%

A significant uptick from Brits and Americans has been recorded over the 12-month period

Draft Budget Reveals Early 8bln€ Loan Payment in Dec.
English Edition |

Draft Budget Reveals Early 8bln€ Loan Payment in Dec.

In 2025, Greece's general government debt is forecast to fall to 149.1% of GDP, with its nominal value at 361.4 billion euros

BoG Gov. Stournaras on Challenges of Greek Economy
English Edition |

BoG Gov. Stournaras on Challenges of Greek Economy

Yannis Stournaras addressed the “Risk Management & Compliance Conference" as a keynote speaker on Monday

IPTO CEO Article: ‘Greece an Energy Powerhouse and Infrastructure Hub’
English Edition |

IPTO CEO Article: ‘Greece an Energy Powerhouse and Infrastructure Hub’

"The rich potential in renewable energy sources (RES) and Greece's geographic location constitute two key pillars upon which our country has the opportunity to build a robust and outward-looking strategy"

Olive Oil: First Contract of the Year at €10.20 per Kilo
English Edition |

Olive Oil: First Contract of the Year at €10.20 per Kilo

As noted, the price that the first batch was sold for, reflects the exceptional quality of this year’s olive oil from this specific area

Greek Government Submits 2025 Budget Draft Monday amid ΜΕ Crisis
English Edition |

Greek Government Submits 2025 Budget Draft Monday amid ΜΕ Crisis

The economy is expected to close this year with growth at around 2.2%, while for 2025, the target is slightly higher at 2.3% as outline in the medium-term fiscal plan.

4.4R Quakes in Thiva, on Crete Monday Morning
English Edition |

4.4R Quakes in Thiva, on Crete Monday Morning

The tremor from the quake in Thiva was also felt in the greater Athens area.

PASOK Sets the Stage for a Comeback; Over 300K Members Vote in Round 1 of Leadership Elections
English Edition |

PASOK Sets the Stage for a Comeback; Over 300K Members Vote in Round 1 of Leadership Elections

Recent polls firmly place Greece’s Social Democratic party in main opposition second place

Greek Draft Budget Tabled on Oct. 7, Amid Concerns Over Mid. East War
English Edition |

Greek Draft Budget Tabled on Oct. 7, Amid Concerns Over Mid. East War

A major issue of concern is how the Israel-Iran conflict will play out with pundits projecting a surge in oil prices

Migration: New approach on returns to be called for by the “27” at the Summit
English Edition |

Migration: New approach on returns to be called for by the “27” at the Summit

According to Eurostat data, in the second quarter of 2024, 96 115 third-country nationals were ordered to leave an EU country and 25 285 people returned to third countries after being ordered to do so.

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