Tag Archives: Greece

Greece has received 18 billion euros ($18.5 billion) in grants and loans from the European Union’s Recovery Fund since 2021, equivalent to about 8% of its economic output, the government said on Thursday. After years of under-investment due to a 2010-2018 financial crisis, Greece has improved its uptake of European …

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More than 36 million passengers were handled in 2024 at the 14 regional airports managed by Fraport Greece, the company announced on Thursday. According to a Fraport Greece statement, passenger traffic increased by 6.4% compared to 2023, handling around 2.1 million more passengers. The number of domestic flights increased by …

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Passengers in Greece can expect a 10% to 12% hike or an average up to 15% in ferry ticket prices, driven by new EU environmental regulations aimed at curbing emissions in the Mediterranean Sea. The increases will apply to passenger fares and vehicle transport and reflect higher costs associated with …

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Winter sales in Greece kicked off on Monday, January 13, and will be in effect until February 28, 2025. On two Sundays, January 19 and 26, stores will be open from 11 a.m. until 6 p.m., if owners would want to. Consumers can expect “generous discounts and unique sale offers” …

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Greece’s National Meteorological Service EMY issued a warning of a weather deterioration forecast to bring heavy snow- and rainfalls as well as locally strong thunderstorms, gale force winds and significant temperature drop. The bad weather front is forecast to affect the country from Sunday, January 12,  until Tuesday, January 14, …

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After a 3-week break due to ‘unexpected ‘circumstances’ …I started to work. I started to work? Not really. In the last three days I started to sit in front of the PC letting my eyes getting used again to the screen. It’s not easy and I kind of struggle to …

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“No gasoline for motorcycle riders who do wear helmet!” Gas stations owners in Greece  as well as the Ministries of Health and Development plan a nationwide campaign. The inspiration for the campaign came from the owner of a gas station in Kissamos, Crete, Emmanouil Rosoudakis, following the death of 17-year-old …

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The bodies of five people were recovered from the sea southwest of the island of Gavdos on Saturday after a wooden boat carrying migrants sank in the early hours of the day. This was followed by another two incidents in which the coast guard was called out to rescue migrants …

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Greece’s Tourism Ministry is initiating a new draft bill that brings extra charges and stricter requirements for short term rental properties, such as those listed on the Airbnb accommodation platform. The additional cost is estimated to range from 500 to 600 euros. Properties rented out for short-term leases are obliged …

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Greece’s National Economy and Finance Minister Kostis Hatzidakis announced the government intervention regarding the reduction of fees, charges and interest rates imposed by the four systemic banks. On the first day of the discussion on the state budget for 2025 in the Parliament, Hatzidakis said that “From 2025, bank fees …

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The Christmas Holidays 2024 extended shop hours in Greece, ware scheduled to start on upcoming Thursday, December 12, and run until the end of the year, December 31. According to the holiday schedule, retail stores will be open from Monday to Friday from 9:00am-9:00pm, and on Saturdays 9:00am- 6:00pm. For …

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President-elect Donald J. Trump’s has nominated Kimberly Guilfoyle as the next U.S. Ambassador to Greece. A decision that stunned Greek-American supporters of Trump and has been met with mixed feelings by Republicans. I am so proud of Kimberly. She loves America and she always has wanted to serve the country …

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Greece’s Consumer Price Index (CPI) in November 2024 increased by 2.4% compared with November 2023, the independent statistical agency ELSTAT announced on Tuesday. In September 2023, the annual rate of change of the CPI was 3.0%. The CPI in November 2024 compared with October 2024, decreased by 0.4%. In November …

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Right after the historic developments in Syria over the weekend and the fall of the Assad regime, Greece has decided to freeze decisions on asylum requests submitted by Syrian refugees. According to the Ministry of Migration and Asylum, there are currently approximately 9,000 Syrian applications pending. In an exclusive report …

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Greece’s Development Ministry announced that the “Christmas Basket” available in supermarkets throughout the country will be offered again during the festive season. It is mandatory for the supermarkets. The government initiative of several items to be offered at reduced prices i supermarkets, known to the public as “Household Basket”, is …

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Greek Energy and Environment Ministry announced on Friday the electricity subsidy on household bills for the month of December. The extraordinary support subsidy on household electricity bills for consumption in December is 1.5 cents per kWh. This subsidy on household tariffs and for all services of the main and non-main …

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Greece’s National Meteorological Service EMY issued a weather warning of heavy rainfalls and storms accompanied by a high frequency of lightning and local hail. The locally intense phenomena are forecast to be in effect from Friday to Sunday, December 6-8, 2024. Residents of islands Rhodes, Chios, Samos, Psara received warning …

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Greece’s economy is strong and is projected to grow at a rate of 2.3% in 2024, 2.2% in 2025 and 2.5% in 2026, according to the biannual OECD Economic Outlook report released by the Organization for Economic Cooperation and Development on Wednesday. “Rising disposable income will strengthen consumption, as a …

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In a wide-ranging interview, Greek Prime Minister Kyriakos Mitsosakis said the current fleet of 24 Rafale fighter jets is ‘sufficient,’ reversing earlier plans to acquire up to 12 more newly built Rafales upgraded to the latest F4 standard, the avionist.com reported on Thursday. Greece will not buy additional Dassault Rafale …

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Product prices in Greece’s supermarkets posted a 0.72 percent drop on average in November 2024, in comparison with November 2023, according to a Consumer Goods Retail Research Institute  (IELKA) survey. This found an almost complete stabilization of prices in the first 11 months of 2024 – with an average increase …

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