Economy

According to the latest data published by the Bank of Greece on Wednesday, the foreign capital flowing into the country to buy properties in January 2019 showed a staggering increase of 155.7 percent over the same month in 2018. This...

According to the final data revealed by the Bank of Greece on Wednesday, a total of 33,072,000 people visited Greece from January 1 to December 31, 2018. According to the official data, the inbound tourist arrivals in Greece reflected an...

Constantinos Herodotou was appointed on Tuesday to the position of Director of the Central Bank of Cyprus. The President of the Republic Nicos Anastasiades signed Herodotou's appointment in a ceremony which took place at the presidential palace of Cyprus in...

Greek prosecutors sent the file of the ''Novartis case'' to the Greek Parliament on Monday. The investigation conducted by prosecutors into an alleged bribery scandal involving the Swiss pharmaceutical firm Novartis and senior Greek politicians is now completed. The public prosecution...

The ratio between Greece's GDP and the amount of investment in the country is the lowest in the European Union, according to the latest figures recently released by ELSTAT. The Greek Statistics Authority has determined that the value of investments...

The best work places in Greece for 2019 were revealed recently by the organization ''Great Place to Work Hellas,'' the Greek branch of the global ''Great Place to Work'' company. Great Place to Work Hellas has conducted surveys for seventeen...

According to the latest data made recently available by Greece's Independent Authority for Public Revenue, pensioners are now the largest single group of taxpayers in Greece. In nine out of the thirteen regions of the country, pensioners now constitute the...

The Piraeus Port Authority (OLP) announced on Friday that the company's net profit for 2018 was 147 percent higher than what it had earned in 2017. The Authority noted in a statement that its profits before tax amounted €42.3 million...

The College of Commissioners of the EU approved the updated Enhanced Surveillance Report on Greece on Wednesday, which states that all agreed-upon reforms have been implemented by Greece. This opens the way for the delayed disbursement of the first tranche...

The latest figures regarding the guests staying at Greek hotels reveal that the share of Greek citizens staying in Greek hotels has decreased significantly since the year 2010. More specifically, the report, published by the Greek Chamber of Hotels’ Institute...