Greek daily news

Greek Daily News 21/05/2024

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ECONOMY

-In 2023, Greece ranked 5th among Romania’s main investor countries compared to 8th in 2022, according to the Economic and Business Developments Bulletin for Romania prepared by the Office of Economic and Commercial Affairs of the Embassy of Greece in Bucharest. Greece’s total investments/FDI Stock in Romania, in December 2023, stood at 2.44 billion euros (versus 1.5 billion euros in 2022, up 59.5%, mainly due to the acquisition of Enel by Greece’s Public Power Corp, representing 5% of the total (3.29% in 2022).

-Last year, approximately 850-euro-million worth of loans were issued via e-banking and mobile banking in Greece. Greek financial institutions aim to surpass the 900-euro-million mark for 2024, setting their sights on 1 billion euros, To Vima reported.

-Greece still faces a substantial investment gap compared to its eurozone peers, according to global credit rating agency DBRS.

-The Independent Authority for Public Revenue (AADE) announced on Monday (May 20), the completion of the reorganization of Greece’s tax services in the region of Attica.

-“Today, extra virgin olive oil is being sold by producers for €7.80-8.20/lt compared to €9.30-9.50/lt a month ago” the president of the National Interprofessional Olive Oil Organization, Manolis Giannoulis, told the Athens-Macedonian News Agency.

-The retail price of unleaded gasoline (after tax) in Greece was 1.949 euros/liter, the third most expensive in the EU, the latest figures from the European Commission’s General Directorate of Energy stated.

TOURISM

-Greek airline SKY express has partnered with British Airways and Etihad Airways, aiming to enhance connectivity to Greece and boost the country’s tourism appeal.

(Credit: Sky Express)

-Greece is one of the most popular destinations for European travelers this year, according to a new report from INSETE, the Greek research and policy institute for the tourism sector.

GENERAL

The federation of public sector employees ADEDY will go on a 24-hour nationwide strike on Tuesday (May 21) over wage demands, AMNA reported.