Travel receipts rose by 12.2% in January-June 2024 to 6,921.3 million euros, up by 12.2% year‑on‑year, the Bank of Greece (BoG) said in a report on Wednesday. Inbound traveller flows by 15.5% to 11,625.6 thousand euros, against the same six months in 2023 (10,061.8 thousand). Based on provisional data, the …
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Fuel prices up, over 2 euros/liter in the center of Athens
Fuel prices in Greece remain have been set “on fire”, with gasoline even exceeding two euros per liter in many areas. Gas station owners point out that by Easter (beginning of May), the price of unleaded gasoline may exceed the “psychological limit” of two euros. In the center of Athens, …
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Athens Stock Exchange up 7.11% after elections outcome
Share prices at Athens Stock Exchange spiked on Monday, in the wake of the resounding victory of the ruling party in Sunday’s elections. The market sees the election result as the best possible scenario, an outcome that reduces political risk, paving the way for an independent government in the next …
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Inflation in Greece eases to 4.6% in March; yet food up 14.3%
The rate of increase in inflation slowed further to 4.6% in March this year, from 6.1% in February as a result of lower energy prices, and compared to an increase of 8.9% in March 2022, according to Greek Statistics Authority ELSTAT on The 4.6% increase of the Overall CPI in …
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Apartment prices in Greece keep soaring
Apartment purchasing prices in Greece grew by 12.2% in the fourth quarter of 2022 and at an average annual rate of 11.1% in 2022, the Bank of Greece said in a report last week. Broken down by age of property, the annual rate of change in prices of new apartments …
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Greece’s inflation eases in Jan but food up 15.4%
Greek annual inflation rate slowed further to 7% in January from 7.2% in December, but remained up compared with 6.2% in January 2022. However, this slowdown mainly reflects a decline in electricity prices while inflation in foods was up 15.4%. Greek Statistics Authority ELSTAT said that price increases in the …
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Wine consumption in Greece jumped 41.3% in 2021-2022
Domestic wine consumption in Greece increased by 41.3% in the 2021-2022 wine season compared to the 2020-21 season, approaching the high levels of 2013, 2014, according to a sectoral study on wine=making, prepared by the company Stochasis Management Consultancy. The share of bulk wine (non-standard or bag-in-a-box) in the total …
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Wine production in Greece up 8.13% in 2021
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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Greeks are Rich: Heating Oil “on Fire” to be Sold at 1.40 Euro per Liter
In times when millions of households are suffering from sharp income decrease, Greeks will get confronted with a further economic bleeding expected to trim down their personal budget. As of October , the heating oil will be sold at 1.40 euro per liter from 1 euro/lite during last winter. The dramatic price …
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Athens Stock Exchange Up, As Markets Optimist About the Greek Deal
Athens Stock Exchange rallies positive on Monday morning, as markets are optimist about the Greek deal, the new loan agreement with the country’s lenders. At 12:48 noon, the General Index records a +3.13% and heads towards 800 units. The General Index of Athens Stock Exchange is heading to 800 units, …
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Athens Stock Exchange hits records
Athens Stocks and Greek banks soar on Monday, hitting records in gains in the wake of the resolutions of the Eurpean Summit in Brussels, last Friday and Saturday. (13:48 local time) Across the board, the General Index is at 1659.39 units, up 5.02% in a turnover of EUR 154,53 million. …
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