Greek Daily News 22/12/2023

ECONOMY

-Greece’s competition watchdog authority imposed fines totaling 41.7 million euros on five Greek banks and the Hellenic Bank Association. The penalties were related to concerted practices in interbank systems, payment, and electronic transaction services, to Vima reported.

-The cost of the Christmas table is expected to increase by up to 11.4% this year, according to findings from the Institute of Commerce and Services of ESEE (INEMY-ESEE).

-One in two Greek consumers said that they would reduce their spending on purchasing products in the next six months, reveals the 9th survey of consumer trends in retail trade carried out by the Association of Retail Businesses (SELPE), with the support of ELTRUN Research Centre of the Athens University of Economics and Business.

TOURISM

Today, Hard Rock International, GEK TERNA Group and the Athens community celebrated the groundbreaking of the luxury resort and Casino in the heart of the Athens Riviera. Expected to open in 2027, Hard Rock Hotel & Casino Athens will be the first integrated resort of its kind in continental Europe.