Card fraud rises 43% in a year
BANKING

Cardholders in Greece lost 13.5 million euros in 2023, falling victim to fraud by people who either stole their card or their data.


Limits set on building height bonuses
ENVIRONMENT

The Environment MInistry has opted for a compromise solution to deal with the opposition of municipal mayors to provisions in the new building regulation regarding the maximum heights of buildings.

Mytilineos contemplates international stock exchange listing
ECONOMY

Athens-listed group Mytilineos is considering listing its shares on an international stock exchange, which could be the London Stock Exchange, within the next 12-18 months, taking into account its increasingly diversified and international geographic presence and aiming to increase the marketability of the shares for the benefit of investors.

Greece and China pave the way for agricultural product exports
ECONOMY

Greece and China shared their will to resolve issues so as to allow a series of Greek agricultural products to be exported to the Chinese market, at a meeting between Greek Minister of Rural Development and Food Lefteris Avgenakis and the Chinese vice minister of the General Administration of Customs, Zhao Zenglian, in Beijing.


Athens Airport voted top in marketing strategy
ECONOMY

Global airlines have voted Athens International Airport (AIA) as the best this year for its marketing strategy and efforts in developing the Athens market, in the category of airports serving more than 20 million passengers.


Easter goods in affordable prices
ECONOMY

The Easter Basket of more affordable goods for the traditional Orthodox Easter feast has come into effect until May 4, the same day on which the Lenten Basket for lower-priced lenten foods comes to an end.



Coffee prices set to soar
CONSUMER PRICES

Greeks can expect coffee to have a more bitter taste after Easter, as hikes of up to 20% are to follow the rally in global rates of the commodity over the last three to four months, resulting from a combination of factors.


Overdue payments land Greece in the dock
ECONOMY

The European Commission has referred the Greek state to the European Court because of its long-standing practice of paying off its commitments to its citizens and suppliers whenever it wishes. The cause is a long-term delay in paying the hospitals’ commitments, which total 1.3 billion euros.

Bond 11 times oversubscribed
MARKETS

Greece’s new 30-year bond created the second largest bid book since 2010, as demand exceeded 33 billion euros, covering the €3 billion raised 11 times, with the yield at 4.241% and the coupon at 4.125%.

Pyatt: Greece can cover 80% of needs via RES
ECONOMY

Public Power Corporation (PPC) Chairman and CEO George Stassis and the US assistant secretary of state for energy resources, Geoffrey Pyatt, were the keynote speakers at the 2024 Energy Security and Geopolitics Conference held in Washington by the Center for Strategic & International Studies (CSIS) on Tuesday.


Chugoku to promote reduced CO2 solutions at Posidonia
ECONOMY

Chugoku Marine Paints (Hellas), the Greek distributor of the Japanese marine paint and coating manufacturing company, will add its colorful presence at Posidonia this summer (on June 3-7) for a ninth consecutive time.


Experts call for more food waste awareness
ECONOMY

At least a billion portions of food are thrown out every day across the globe, with the annual cost of food waste coming to around a trillion dollars, just as 783 million people face hunger and starvation every year, of whom 150 million are children, the United Nations has said in […]