Greece
Greece
Life is Sweet for Beekepers in Greece, But for How Long?
The rosemary season has ended, but sage is in full bloom.
In the fragrant hills of the Peloponnese in southern Greece, after a few sharp turns along a path, Nikos Reppas' old car arrives at bee heaven: a field full...
Diplomacy
AUKUS Undermines NATO, Brings France Closer to Greece, Cyprus
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A major geopolitical reshuffle is underway in the wake of AUKUS, which has drawn France closer to Greece and Cyprus, and widened its divide with Turkey.
By Konstantinos Apostolou-Katsaros
A major geopolitical reshuffle is underway in the wake of AUKUS. Although...
Greece
At Least 1.2 Million Greeks Could Work From Home
Some 1.2 million Greeks could soon be able to work from home, a Greek government agency reported this week.
On Monday, the Center of Planning and Economic Research (KEPE) reported that 32.8% of the workforce, amounting to 1,263,000 workers, could...
Economy
Study: Airbnb Transforms Greek Real Estate Market
Airbnb is increasingly asserting itself as a dominant force in Greece's real estate market. This according to the results of a study conducted by Greece’s Center of Planning and Economic Research (KEPE), which found that more than 126,000 Greek...
Economy
87% of Tourism Revenue Stays in Greece
Approximately 87% of total incoming tourist revenue stays in Greece, a survey by the Center of Planning and Economic Research (KEPE) showed on Tuesday.
The survey, drafted for the Association of Greek Tourism Enterprises (SETE), noted the importance of tourism in national...
Economy
Michalis Psalidopoulos Appointed as Greece's New IMF Representative
Michalis Psalidopoulos was appointed as Greece's new representative at the International Monetary Fund (IMF), the Finance ministry said on Wednesday.
Psalidopoulos is the president of the Center of Planning and Economic Research (KEPE) and Professor of Economics at the Athens...
Economy
Greek Gov't Tries to Secure Liquidity Without Pension and Wage Cuts
The Greek government is trying to find ways to secure liquidity until June without pension and salary cuts or extra contributions to security funds.
With Monday's Eurogroup approaching, Greece's partners increase pressure through the European Central Bank. The Greek government...
Economy
Greek Govt Seeking Liquidity Assistance from Social Security Funds, Hospitals and Farmers
His belief that there are alternative solutions to liquidity problems in March expressed a senior Greek financial official just before the Government Council for Economic Policy meeting that was earlier concluded under the presidency of government Vice President Giannis Dragasakis....
Economy
Study Finds Greece Has Secured 37.6 Billion Euros in Investments
Between June 2012 and June 2014, Greece attracted a total of 37.6 billion euros in investments, finds a new study published by the Centre of Planning and Economic Research (KEPE).
The study, which remains ongoing, was recently discussed by KEPE's president,...
Business
Greek Smokers Pay the Highest VAT in EU
Successive changes in tax laws for tobacco products have changed the Special Consumption Tax (SCT) from a mainly proportional to a primarily flat tax, reducing the price differential between cheaper and more expensive tobacco products, based on a study...
Crime
Financial Crisis Sparks Cigarette Smuggling in Greece
Nearly a quarter of tobacco products used in Greece are likely to have been smuggled in to the country, according to the latest data from the Center For Planning and Economic Research (KEPE). KEPE's survey aimed to define the extent of...
Economy
ELSTAT: Drop in Greek Household Disposable Income
Since the country entered into recession, Greeks get poorer year by year. The austerity measures haven't yet brought the promised growth, and unemployment hits record rates, while Greeks struggle to make a living.
According to a Hellenic Statistical Authority (ELSTAT) report,...
Crime
Tobacco Smuggling Soars In Greece
With the government increasing taxes across the board, more Greeks are turning to buying smuggled tobacco products, costing the country at least 600 million euros ($780.5 million) in lost revenues from 2011-12, a survey by the Center of Planning...
Economy
Greece Jobless Rate Seen Over 30%
With Greek Prime Minister Antonis Samaras saying all is well now in Greece and that he's put the economy on the road to recovery, the record 27.4 unemployment rate will like go past 30 percent next year, a report...
Economy
Stournaras Wants 10-Year Plan for Greece
Greek Finance Minister Yannis Stournaras says the government intends to develop a 10-year growth plan, although for now he's focused on a pending Supreme Court decision on whether a lower court decision to ban an emergency property tax from...