Greek Daily News 02/07/2024

ECONOMY

-Digital work card was implemented fully in retail trade and industry as of Monday (July 1), AMNA reported. The tourism and catering sectors are expected to be added in autumn 2024.

-An amendment extending the duration of measures against high prices until the end of 2024 was tabled in the Parliament on Monday. Fines for violating laws on the gross profit margin cap will quintuple and fines for violating a ban on promotions will triple.

-Piraeus Bank and Dimand, one of the leading real estate development companies in Greece, are proceeding with the redevelopment of the coastal area in the port of Lavrion, an investment estimated at 300 million euros, Naftemporiki reported.

SHIPPING

Attica Group, the leader in the provision of ferry services for passengers and cargo in the Eastern Mediterranean Sea, serving more than 60 destinations, connecting 67 ports, in the Greek domestic market and on the international routes, signed an agreement with Göteborg-headquartered Stena RoRo for the charter with purchase option of two vessels, to be built by Stena RoRo at the CMI Jinling Weihai Shipyard, China. The two new vessels with an overall length of 240m, are the largest ro-pax vessels ever ordered by a Greek shipping company.

GENERAL

Firefighters were battling on the islands of Kos, Chios and Crete’s capital Heraklion in order to contain the fires that broke out on Monday (July 1). In total, Greece saw 52 wildfires breaking out in the previous 24-hour period. Last year, forest fires killed 20 people in the north of the country and forced 19,000 people to flee the island of Rhodes.

CULTURE

-The archaeological site of Sesklo (Magnesia regional unit), one of the most important Neolithic communities in Europe and the Athanassakio Archaeological Museum of Volos, are among the antiquities to be restored by a 9.5 million euros gift from the Union of Greek Shipowners, following an agreement signed with the Greek Ministry of Culture.

TOURISM

-Greece is a top choice for Norwegian travelers in 2024, the popular Scandinavian website startsiden.no reported.

-Air Arabia, the Middle East and North Africa’s leading low-cost carrier, launched direct flights between Athens and Sharjah, the third-most populous city in the United Arab Emirates, after Dubai and Abu Dhabi.