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ECONOMY
-The National Bank (NBG) is launching “My First Home” mortgage program for young people up to 45 years old in an attempt to respond to their increased housing needs.
-Social security costs to be reduced further as of next year, according to the Ministry of National Economy and Finance. Within 2025 the total contributions will be 35.66%, from the current 36.16%, and there will be 0.5 of a point left to be cut subsequently.
-Eight out of 10 CEOs predict growth for food retail businesses in the Greek market, according to the findings of a NielsenIQ survey.
-On the Greek islands unleaded gasoline is reaching 2.36 euros per liter, above the national average price of 1.961 euros per liter, data from the Fuel Prices Observatory reveal.
SHIPPING
-One in five ships under construction by Greek shipowners is powered by alternative fuels, data from the shipping brokerage company Xclusiv Shipbrokers showed.
-National and European authorities are investigating allegations of fraud linked to how €2.5 billion in EU Recovery Funds was awarded to just 10 companies in Greece, writes POLITICO.eu.
REAL ESTATE-CONSTRUCTION
In a ruling on Tuesday, the Council of State, Greece’s top administrative court, deconstructed all the arguments in favor of the bonuses included in the building regulation which can enable the construction of taller buildings.
TOURISM
As part of the Greek state’s “Rodos Week” action, tourists regardless of nationality who last July were forced to leave the hotels they were staying in on Rhodes when a wildfire broke out, are entitled to a week-long holiday on the Dodecanese island with free accommodation. Beneficiaries can enter the platform at https://vouchers.gov.gr/rodos-week.
GENERAL
The Hellenic Fire Service said on Thursday that a total of 67 blazes in forest and agricultural areas occurred in a 24-hour period between Wednesday and Thursday. Of these, the Fire Service said 56 were dealt with immediately, at their initial stage, while firefighters were tackling 11 more.
