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POLITICS Greece’s ruling New Democracy party has won 40.8% of votes in the Greek general election with almost 97% of ballots counted, a 20-point lead over the left-wing Syriza party of Alexis Tsipras, which had 20.1%, according to official data on Monday. A second round will likely occur in late June or early July. ECONOMY -Electronic transactions increased by 18.1%…
POLITICS Greece faces new national elections as early as 25 June, despite the ruling party securing around 40% of the vote in Sunday’s (May 21) general election. With over 99% of the votes counted, the ruling New Democracy party had 40.79% of the ballots and 146 seats, five short of…
POLITICS Prime Minister Ioannis Sarmas will chair the first full-length meeting of…
POLITICS A Presidential Decree that dissolves the parliament of May 21 and…
One of the most preferred options for European residency by investment programs, Greece Golden Visa, has been updated. New rules have come into effect as of September 01, 2024. Two…
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ECONOMY -The Greek government is planning to increase Greece’s minimum wage for both public sector and private sector employees between 4.5%-5% as 7 out of 10 private sector employees are…
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Building licenses are to be suspended in the wider zone of the caldera on the island of Santorini and the small islet Therasia to protect them from landslides, Greek media…
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The Total Building Activity (private-public) in Greece, in May 2024 amounted to 2,065, the Hellenic Statistical Authority (ELSTAT) data showed. This figure corresponds to 461,144 m2 of surface and 2,246,001…
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Greece experienced the largest drop in Average Daily Rate (ADR) for Airbnb accommodations across Europe last month, according to an analysis by AirDNA. The analytics firm’s report revealed that Greece’s ADR decreased…
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ECONOMY -The price increase on 850 pharmaceutical drugs in circulation at Greece’s pharmacies comes into effect today, TA NEA newspaper reported. The hike ranges from 1 to 5 euros. -Greece…
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A substantial modification to Greece’s Golden Visa Program set to take effect on September 1, has prompted a surge in home sales, especially in the port city of Piraeus, Kathimerini…
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ECONOMY -The Overall Material Costs Index in the Construction (CSTM) of New Residential Buildings in July 2024 recorded an increase of 5.4% in comparison with July 2023, the Hellenic Statistical…
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ECONOMY -Norway’s sovereign wealth fund, with a portfolio value of 1.7 trillion dollars, has holdings in 36 listed companies on the Athens Stock Exchange. -An auction of 26-week T- Bills…
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ECONOMY -The euro area annual inflation rate was 2.6% in July 2024, up from 2.5% in June, Eurostat said. Inflation in Greece stood at 3% last month, settling above the…
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