Greece to Raise Minimum Wage to €880 in April
The new gross monthly minimum wage is expected to rise by 5% to 6%, reaching approximately €880, in a country where almost half of employees make less than €1,000 per month.
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Greece to Raise Minimum Wage to €880 in April -
Greece Extends Visa Program for Turkish Visitors to Aegean Islands Until 2026
Greece Extends Visa Program for Turkish Visitors to Aegean Islands Until 2026
This step was part of a broader effort by Greece and Turkey to improve ties after years of disputes, following a roadmap established during that time.
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Eurostat: Greek Job Vacancy Rate 4th Last in Eurozone
Eurostat: Greek Job Vacancy Rate 4th Last in Eurozone
Job vacancies, as defined by Eurostat, include positions that must be filled immediately or within a maximum of three months
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The ‘Hot Spots’ in Greece for Holiday Properties
The ‘Hot Spots’ in Greece for Holiday Properties
In recent years, there has been a notable shift among residential property developers toward the holiday home market in Crete.
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Greece vs Scotland: A crucial challenge tonight for the first step towards Nations League promotion
Greece vs Scotland: A crucial challenge tonight for the first step towards Nations League promotion
The Greek national team takes on Scotland tonight at the Karaiskakis Stadium, which will be packed with fans, in the first leg of their battle for promotion to League A of the Nations League
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Turkey is preparing to ratify framework military agreements with three Balkan countries that surround Greece
Turkey is preparing to ratify framework military agreements with three Balkan countries that surround Greece
The agreements were quickly pushed onto the agenda of the Turkish Parliament, in contrast to the usual lengthy approval processes for similar military agreements. Ankara views them as part of a broader strategy to enhance defense cooperation and address regional security threats.
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In the Economist Intelligence Unit’s (EIU) Democracy Index 2024, Greece has slipped five places
In the Economist Intelligence Unit’s (EIU) Democracy Index 2024, Greece has slipped five places
Greece earned a flawless 10 in “Electoral Process and Pluralism,” underscoring the robustness of its electoral framework. However, its score plummeted to 6.79 in government functioning, pointing to deficiencies in transparency, accountability, and administrative efficiency.
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Greece to Invest Over €25 Billion in Arms Modernization by 2036, Including Submarines and Fighter Jets
Greece to Invest Over €25 Billion in Arms Modernization by 2036, Including Submarines and Fighter Jets
While the plan signals Greece’s commitment to military modernization, critics might question whether such heavy spending prioritizes defense over social needs, especially post-austerity, and how it might escalate tensions with Turkey rather than foster dialogue.
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Greece Emerges as a Top Destination for Luxury Real Estate
Greece Emerges as a Top Destination for Luxury Real Estate
The country ranks among the top ten globally for projected net inflows of millionaires in 2024, securing the eighth position. The UAE tops the list, followed by the United States.
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Greece to tap markets with reissue of 15-year and 30-year bonds
Greece to tap markets with reissue of 15-year and 30-year bonds
The Public Debt Management Agency (PDMA) gave a mandate to Barclays, BNP Paribas, Commerzbank, Eurobank, JP Morgan and Piraeus Bank to proceed with the re-opening of the existing bonds maturing on July 18, 2038 with a coupon of 4.375% and those maturing on June 15, 2053 with a coupon of 4.125%.
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Greek, Cypriot, and Israeli Foreign Ministers to Meet in Athens for Trilateral Talks
Greek, Cypriot, and Israeli Foreign Ministers to Meet in Athens for Trilateral Talks
Greek Foreign Minister George Gerapetritis will host his Cypriot counterpart, Constantinos Kombos, and Israeli Foreign Minister Gideon Sa’ar in discussions set to begin at 13:30 local time
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Trump shared on Truth Social article on the importance of the IMEC corridor and the role of Greece & Cyprus
Trump shared on Truth Social an article on the importance of the IMEC corridor and the role of Greece & Cyprus
The article makes specific reference to the pivotal role that Greece and Cyprus will play as a “link” connecting these remote regions to the European Union through a “maritime corridor.”
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Greece to Build Emergency Escape Port in Santorini Amid Earthquake Concerns
Greece to Build Emergency Escape Port in Santorini Amid Earthquake Concerns
The decision comes as seismic activity in the region continues to be closely monitored.
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Greece Launches Offshore Oil and Gas Tender, Chevron and HelleniQ Energy Expected to Bid
Greece Launches Offshore Oil and Gas Tender, Chevron and HelleniQ Energy Expected to Bid
The tender announcement, signed by Environment and Energy Minister Theodoros Skylakakis, has been submitted for publication in the Government Gazette and the Official Journal of the European Union, initiating a 90-day period for interested parties to submit bids.
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Greece will play an active role in the new situation in Syria
Greece will play an active role in the new situation in Syria
Our country maintains historical ties, as well as long-standing political, economic and cultural relations with Syria, the same sources said on the Greek Foreign Minister's meeting with interim President Ahmad Al Sharaa
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Turkey-Greece High-Level Cooperation Council to Meet in Ankara This April
Turkey-Greece High-Level Cooperation Council to Meet in Ankara This April
Minister FidFidanan confirmed that President Recep Tayyip Erdoğan and Greek Prime Minister Kyriakos Mitsotakis will meet in the Turkish capital, where the High-Level Cooperation Council session will be held. Fidan further shared that he met Greek Foreign Minister George Gerapetritis in Doha last week to discuss preparations for the meeting and review the steps moving forward.
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Greece and EU Nations Call for Action Against Foreign Election Interference
Greece and EU Nations Call for Action Against Foreign Election Interference
The letter, co-signed by European affairs ministers from France, Germany, the Netherlands, Belgium, Cyprus, Croatia, the Czech Republic, Denmark, Greece, Romania, Slovenia, and Spain, calls on the Commission to establish a dedicated EU body to combat foreign information manipulation and interference.
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Hydrocarbons are back in play: Chevron explores, Exxon Mobil drills in the spring
Hydrocarbons are back in play: Chevron explores, Exxon Mobil drills in the spring
With Greece already in place in ExxonMobil, which controls the two blocks west and southwest of Crete and is one step away from an investment decision to drill or not drill an exploratory well (in partnership with HelleniQ Energy, formerly HELPE) southwest of Crete, since last Monday Chevron’s entry is shaping new geopolitical correlations and putting Greece on the global map of big oil.
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Tensions Rise Between Turkey and Greece Over Aegean Islands
Tensions Rise Between Turkey and Greece Over Aegean Islands
The doctrine, which outlines Turkey’s maritime claims, has been a point of contention between the two nations
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Greece Set to Become Israel’s Prime Trade Partner, Overtaking Turkey
Greece Set to Become Israel's Prime Trade Partner, Overtaking Turkey
The reciprocal boycott by Israel has further disrupted various sectors, including construction, industry, and commerce. In this climate, Greece is eager to expand its economic relationship with Israel, especially focusing on the booming tech sector
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Greece tops holiday choices for Finns
Greece tops holiday choices for Finns
Greece remains the most popular holiday destination for Finns, showing a steady upward trend in their preferences in recent years.
