Greek wine production grew 8.13% in 2021 compared with the previous year, totaling 2,468,945 kilolitres, the National Agricultural Cooperative of Wine Products said in a report released on Tuesday. This figure was in full contrast with the first estimate sent to the European Commission in September 2021 which envisaged a …
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Greece’s budget revenue exceeded targets in 2021
The Greek state budget revenue exceeded targets in 2021, totaling 59.24 billion euros, up 2.1% from targets, while budget spending was down by 420 million euros compared with 2020, the finance ministry said on Monday. In a report on provisional budget execution data, the ministry said that tax revenue was …
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Merry Christmas 2021! Not in the mood for Christmas? Wait till you see my tree….
I can’t imagine the festive season without two of my favorite things: A Christmas tree and my favorite film of all times: A Christmas Carol. Year in, year out, I have to drop what I’m going and watch at least one version of Scrooge the the Ghosts. I love to …
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87% of Greeks believe Corruption goes “unpunished”, poll by National Transparency
The overwhelming majority of Greeks believe that corruption goes unpunished and two in three Greeks believe corruption is “very important” and rarely punished, according to a public opinion poll by the National Transparency Authority (NTA) presented at the 1st Integrity Forum on Thursday. Results were based on 777 questionnaires completed …
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Greece’s public debt reaches €354billion in Q2 of 2021, says ELSTAT
Greece’s public debt reached 354 billion euros in the second quarter of 2021, the Greek Statistics Authority announced on Friday. According to ELSTAT, at the end of the first quarter of 2021 the debt amounted to 344.1 billion euros, while in the first quarter of 2020 it was 333.842 billion …
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Pope Francis includes also Lesvos in his official visit schedule to Greece
Pope Francis will be visiting the island of Lesvos in late November or early December, when he will visit Greece. The island that has received the most refugees is included in the list of destinations of Pope Francis’ upcoming tour in the country, state-run news agency amna reported. The visit …
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Bank of Greece governor predicts GDP growth over 6% in 2021
Bank of Greece governor Yannis Stournaras appeared even more optimistic about the future of the Greek economy than the government in an interview with Politico on Tuesday. Stournaras estimated that GDP growth in 2021 will exceed 6 percent. In fact, he predicted that the country’s GDP at the end of …
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Prolonged Summer Sales in Greece July 5 – August 31
Summer sales in Greece start on Monday, July 5 and end on August 31, according to Development and Investment Ministry’s sources, media report on Friday. The shops in Athens have the option to remain open on Sunday, July 11 with the Athens retailers association proposing the opening hours 11:00-18:00. The …
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Greece’s unemployment rate reaches 17.1% in first quarter 2021
Greece’s unemployment rate in the first quarter of the year reached 17.1 percent, up from 16.2 percent in the previous quarter and in the same period last year, according to data from the Hellenic Statistical Authority (ELSTAT). In its latest quarter labor force survey, ELSTAT said the number of people …
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Greek Gov’t sees tourism traffic 2021 at 50% of 2019 levels
Greece expects tourist arrivals this year to reach half the levels seen in 2019, a government spokeswoman said on Friday, after the coronavirus pandemic led to the country’s worst tourism season in decades in 2020. Greece, which relies on tourism for a fifth of its economy, saw just 7 million …
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EU Commission sees Greece’s growth rates at 4.1% in 2021 and 6% in 2022
The European Commission revised its forecasts for Greek economic growth upwards on Wednesday, projecting growth rates of 4.1% in 2021 and 6% in 2022. In its report on spring economic forecasts, the EU’s executive body said that the coronavirus pandemic and all related restrictive measures led the Greek economy to …
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First Frappe on Easter Monday to officially launch Greek summer
The long Greek Easter weekend was extended to Tuesday because the Labor Day on May 1 was moved to today. May Day is a strike day with shops and even supermarkets closed and this was impossible on Easter Saturday. Media are also on strike and in this sense the flow …
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Greek economy to grow by 3.5%-4.0% this year, says Greek think tank IOBE
The Greek economy will grow by 3.5-4.0 percent this year, according to the base scenario of developments, the Foundation for Economic and Industrial Research (IOBE) said in report. The quarterly report, released on Tuesday, said that if the pandemic eased at a slower pace, hitting the tourist season, and if …
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Shopping hours extended ahead of Greek Easter, starting on April 22
Extended opening hours for retail stores ahead of the Easter holiday season will start on Thursday, April 22, while shops will also be permitted to open on Sunday, April 25. For shops in Attica, the Athens Chamber of Commerce has proposed that shop opening hours on Thursday, April 22, Friday, …
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Summer operation hours of Greece’s archaeological sites & museums
Greece’s Culture Ministry announced the new summer hours for the operation of archaeological sites and museums that will be imp[emended later in April this year than traditionally on April 1 due to the coronavirus pandemic. Outdoor archaeological sites will run on summer hours from April 24 to October 31, while …
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Greece celebrates Independence Day 1821-2021 with impressive parade (video)
With an impressive military parade Greece celebrated the 200th anniversary of the start of the War of Independence against the Ottoman Empire in 1821. Troops of the Navy, the Air force and the Army marched and tanks rolled in front of state leaders and foreign dignitaries, military aircraft and helicopters …
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“Greece’s goal is to reach at least 50% of 2019 tourism levels,” says PM Mitsotakis
Prime Minister Kyriakos Mitsotakis expressed hope that the tourism season in 2021 “will be much better than last year”, in an interview with the German newspaper “Süddeutsche Zeitung” published on Thursday. “Our goal is to reach at least 50 pct of the 2019 levels,” he pointed out, expressing the belief …
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7:10 Greek women say they have been victim of sexual harassment or abuse
Seven out of ten Greek women have been victim of sexual harassment or abuse and the overwhelming majority believes that it is not easy for the victim to find justice, a nationwide survey has found. According to the survey conducted by Prorata between January 22-24 in a sample of 1,115 …
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Greek Police to procure specialized vehicles against pandemic, external threats
Several police equipment upgrades are coming in 2021, in response to both the coronavirus pandemic and external security threats, General Secretary for Public Order Konstantinos Tsouvalas said on Thursday. A budget of 23 million euros is to be spent. In 2020, a budget of 20 million euros helped purchase essential …
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Healthy and Happy New Year 2021 to all KTG readers
KTG wishes to all readers a Happy and especially a Healthy New Year 2021. As the joke says: we stay up on New Year’s Eve not to welcome 2021 but to make sure 2020 is gone. Καλή Χρονιά – Ευτυχισμενος ο Καινούργιος Χρόνος It was a tough year for everyone …
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