ENGLISH EDITION

ENGLISH EDITION

EBRD sees Greek economy growing by 5.2 pct in 2022 and 2.2 pct in 2023

The EBRD noted that the strong post-pandemic recovery of 2021 was followed by equally strong growth in the first half of 2022, with rates of 8 pct in the first quarter and 7.7 pct in the second quarter

28 Σεπ 2022 22:47

ENGLISH EDITION

Greece attracts record 5 bln euros foreign direct investment in 2021

The president of Enterprise Greece, Ioannis Smyrlis said that the year 2021 was a milestone for Greek exports, which set a record of 40 billion euros, corresponding to 22% of GDP.

27 Σεπ 2022 21:14

ENGLISH EDITION

Greek budget tax revenues exceed targets by 5.5 billion euros in Jan-Aug

Tax returns totaled 3.575 billion euros, up 704 million from targets, while Public Investment Programme revenue was 1.921 billion euros, down 849 million from targets. 

26 Σεπ 2022 21:45

ENGLISH EDITION

Skrekas: Greece reduced natural gas consumption by 40% in September

Environment and Energy Minister also referred to the national energy strategy for accelerating the green transition, pointing out that Renewable Energy Sources now represent 40 pct of the country's energy mix and are expected to reach 60 pct in the next three years.

23 Σεπ 2022 22:16

ENGLISH EDITION

Hellenic Petroleum: 33% tax on refinery profits is unfair and destructive

The CEO of HELPE stressed that the group wishes to contribute to the relief of households and is open to proposals. HelleniQ Energy, the new name of the group that marks the shift to green energy. Two acquisitions are coming in the renewable energy sector.

23 Σεπ 2022 08:52

ENGLISH EDITION

Mitsotakis: Turkey accusing Greece is preposterous

Mitsotakis explained that Greece has rescued tens of thousand of people who were at risk at sea, defending its borders as it has an obligation to do but also respecting fundamental human rights.

22 Σεπ 2022 22:16

ENGLISH EDITION

Electricity tariffs: Natural gas subsidy at 90 euros per megawatt hour

Subsidies will continue to cover all consumers and power connections, without income criteria, but from next month a three-tier system will be introduced, with higher subsidies for lower consumption levels and additional discounts to reward energy savings.

21 Σεπ 2022 21:45

ENGLISH EDITION

UAE Economy Minister sees strong investment interest in Greece

The two countries have collaborated on various bilateral and multilateral initiatives, including the joint declaration on the Strategic Partnership in 2020 and the creation of a 4.0-billion-euro fund for investments in the Greek economy.

20 Σεπ 2022 08:42

ENGLISH EDITION

Greek budget revenues significantly exceed targets in August

Commenting on this development, Alternate Minister Theodore Skylakakis said that this performance is compatible with high economic growth rates this year, while advance collection of nex months' revenue is adding safety to an implemented fiscal policy.

16 Σεπ 2022 22:16

ENGLISH EDITION

The government announces 6+1 measures for cheaper housing

The 1.8-billion-euro programme will target more than 100,000 beneficiaries with a series of initiatives to help them buy or rent a cheaper home.

15 Σεπ 2022 21:45

ENGLISH EDITION

ELPE and Motor Oil: Where the real windfall profits in energy are

Hellenic Petroleum announced for the six months comparable EBITDA (without the favorable valuation of the reserves they hold) at 633 million euros and Motor Oil's reported EBITDA came in at 932 million euros versus 251 million euros in the first half of 2021.

13 Σεπ 2022 12:28

ENGLISH EDITION

Fin Min Staikouras: Greek economy to grow by 5.3% in 2022

Staikouras said that the available fiscal space in 2022 is fully used by the heating allowance, cost-of-living benefit and electricity subsidies. However, he added, "we have set aside 'supplies' to deal with emergency situations as well".

13 Σεπ 2022 09:00