Greek daily news

Greek Daily News 23/08/2024

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ECONOMY

-The Overall Material Costs Index in the Construction (CSTM) of New Residential Buildings in July 2024 recorded an increase of 5.4% in comparison with July 2023, the Hellenic Statistical Authority (ELSTAT) data showed.

-For the total of enterprises in retail trade, the turnover in the second quarter of 2024 amounted to 18.11 billion euro, recording an increase of 4.3% in comparison with the second quarter of 2023 and an increase of 15.4% in comparison with the first quarter of 2024, ELSTAT said.

-Greece’s tax authority AADE plans to launch another set of tools in September to further enhance its attempts to reign in tax evasion in the country, To Vima reported. The tools will check uninsured vehicles, and monitor more closely the number of customers of each business as certain professionals and business sectors will be required to maintain a Digital Client List. Meanwhile, more than 7 million owners and tenants are expected to be targeted by the tax authorities from next month, as a digital real estate file will also be launched.

-The Employment Subsidy Program for unemployed people aged 55 to 67 in the public sector continues as normal with enhanced resources and increased positions, the Ministry of National Economy and Finance said in an announcement, denying rumours that it has allegedly been cut or interrupted.

SHIPPING

The project for the master plan of the port of Thessaloniki, which is characterized as a port of international interest, has already been signed by the majority of the co-competent ministers, in order to be submitted to the Council of State for approval in the next period, Naftemporiki reported.

GENERAL

The high temperatures and high-velocity summer winds (meltemia) forecast for the next three days raise the threat for fires in four main areas of Greece: Region of Attica, Region of Central Greece (Viotia, Evia island), Region of Peloponnese (Argolida, Corinth), Region of the North Aegean (Lesvos, Chios, Samos, Ikaria).