Greek daily news

Greek Daily News 01/12/2023

1.2K views

ECONOMY

-Toll charges across Greece are going to rise by 6-7.7% from 2024, Kathimerini reported.

-The Greek subsidiary of Dutch-based company ‘Jacobs Douwe Egberts (JDE)’ was slapped with a 1mln-euro fine by the Greek market auditing authorities for profiteering,

-Retail sales stagnated on reduced purchasing power on Black Friday (Nov. 24), according to the trade and services institute INEMY-ESEE survey on the performance of stores.

SHIPPING

Leading names in the Greek and international shipping sector estimated that the renewal of the tanker fleet looks like a difficult task, mainly because of the extremely high costs and the charterers, Naftemporiki reported.

TOURISM

-Greece’s tourism sector is set for a record year in terms of revenues despite 1.2 billion euros in losses as a result of fires and floods in 2023, according to the National Bank of Greece’s “Business Trends” study.

-Demand for short-term tourist rentals (Airbnb-style accommodation) in Greece increased by 47.1% in October compared to the same month in 2019 indicating a growing trend for off season travel, according to the AirDNA European Market Review.