Greek daily news

Greek Daily News 19/10/2023

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ECONOMY

-Greece’s inflation reached 2.4% in September (from 3.5% in August), according to Eurostat’s final data, while Eurozone inflation stood at 4.3% in September (from 5.2% in August).

-Greece is reportedly ready to sell a 20% stake in National Bank of Greece (NBG), the oldest credit institution in the country, as part of its divestment plan for the country’s lenders. According to Bloomberg the sell-off will come in mid November.

-The cost of electricity theft reached EUR 798 million in 2022, as an estimated 1.5 million connections are without a taxpayer number (tax registration number, or AFM) connected to them, according to the Ombudsman.

-The Gross Domestic Product (GDP) of the year 2022 in volume terms increased by 5.6% in comparison with the year 2021, the Hellenic Statistical Authority (ELSTAT) revised data showed on Wednesday.

SHIPPING

In 2023 the Greek-owned shipping continued to occupy a leading position worldwide in terms of deadweight tonnage (393.0 million dwt) followed by China (302.0 million dwt) and Japan (237.7 million dwt) according to a research by the Foundation for Economic and Industrial Research – IOBE.

TRAVEL

The problem of bed bugs that plagues French hotels also made its appearance in Greece, Giorgos Hotzoglou, the president of the Food and Tourism Workers told Open TV. “A hotel in the seaside suburb of Attica was forced to close a wing in order to proceed with disinfestation” he said. The tiny pests were first reported in hotels and vacation rental apartments across the French capital during the summer. 

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