Greek SME Exports Decline in 2023
Fewer Greek SMEs exported goods in 2023 (€47.35B from 19,393 businesses) compared to 2022 (€51.74B from 19,154), revealing competitiveness issues and a lack of export culture despite process improvements; larger firms showed increases.
Greek SME Exports Decline in 2023
Fewer Greek SMEs exported goods in 2023 (€47.35B from 19,393 businesses) compared to 2022 (€51.74B from 19,154), revealing competitiveness issues and a lack of export culture despite process improvements; larger firms showed increases.
Progress
40% Bias Score
Athens Stock Exchange Dips 0.88%, Holding Above 1600 Points
The Athens Stock Exchange's general index fell 0.88% to 1603.96 points on Monday, with trading volume at €254.92 million, influenced by global market trends and investor response to German election results and upcoming earnings reports; strong gains in DAA and Coca-Cola prevented a fall below 1600 p...
Athens Stock Exchange Dips 0.88%, Holding Above 1600 Points
The Athens Stock Exchange's general index fell 0.88% to 1603.96 points on Monday, with trading volume at €254.92 million, influenced by global market trends and investor response to German election results and upcoming earnings reports; strong gains in DAA and Coca-Cola prevented a fall below 1600 p...
Progress
36% Bias Score
Greece Lowers Social Security Costs for Overtime
Greece's Ministry of Labor is changing how social security contributions are calculated for overtime, night shifts, and holidays for full-time employees, basing it on the eight-hour workday rate instead of including premiums, thus reducing costs for both employees and employers while maintaining cur...
Greece Lowers Social Security Costs for Overtime
Greece's Ministry of Labor is changing how social security contributions are calculated for overtime, night shifts, and holidays for full-time employees, basing it on the eight-hour workday rate instead of including premiums, thus reducing costs for both employees and employers while maintaining cur...
Progress
40% Bias Score
Greek Construction Giants Secure €1.35 Billion in Thessaly Reconstruction Contracts
Greek construction giants won €1.35 billion in Thessaly reconstruction contracts, prompting legal challenges from smaller firms, most of which have been rejected, potentially delaying the project.
Greek Construction Giants Secure €1.35 Billion in Thessaly Reconstruction Contracts
Greek construction giants won €1.35 billion in Thessaly reconstruction contracts, prompting legal challenges from smaller firms, most of which have been rejected, potentially delaying the project.
Progress
44% Bias Score
Greece Reforms Real Estate Investment Company Regulations
Greece's new law modernizes its Real Estate Investment Company (REIC) framework, streamlining bureaucracy, expanding investment options (including renewable energy), and maintaining investor protections, though concerns over unfavorable tax treatment persist.
Greece Reforms Real Estate Investment Company Regulations
Greece's new law modernizes its Real Estate Investment Company (REIC) framework, streamlining bureaucracy, expanding investment options (including renewable energy), and maintaining investor protections, though concerns over unfavorable tax treatment persist.
Progress
36% Bias Score
Greek Banks Face Challenges Amidst Positive Economic Outlook
Greek central bank governor Yannis Stournaras addressed challenges facing Greek banks and the economy, highlighting the need for continued reforms to ensure sustainable growth, while warning about vulnerabilities to international financial conditions and the need for banks to diversify revenue strea...
Greek Banks Face Challenges Amidst Positive Economic Outlook
Greek central bank governor Yannis Stournaras addressed challenges facing Greek banks and the economy, highlighting the need for continued reforms to ensure sustainable growth, while warning about vulnerabilities to international financial conditions and the need for banks to diversify revenue strea...
Progress
32% Bias Score
Greece's January Budget Exceeds Target Despite Delayed Payments
Greece's January budget showed a €1.98 billion primary surplus, exceeding the target due to stronger tax revenue and lower-than-expected spending on public investments; however, €620 million were delayed payments.
Greece's January Budget Exceeds Target Despite Delayed Payments
Greece's January budget showed a €1.98 billion primary surplus, exceeding the target due to stronger tax revenue and lower-than-expected spending on public investments; however, €620 million were delayed payments.
Progress
32% Bias Score
Hellenic Cables Wins US Submarine Cable Contract
Hellenic Cables won a contract to supply 21 kilometers of 230 kV submarine power cables for the Silver Run Expansion project, connecting New Jersey and Delaware via the Delaware River, with production expected to finish in the first half of 2026.
Hellenic Cables Wins US Submarine Cable Contract
Hellenic Cables won a contract to supply 21 kilometers of 230 kV submarine power cables for the Silver Run Expansion project, connecting New Jersey and Delaware via the Delaware River, with production expected to finish in the first half of 2026.
Progress
36% Bias Score
HDB Reactivates Tepich III Loan Fund, Offering €250 Million to Greek SMEs
The Hellenic Development Bank (HDB) reactivated the Tepich III loan fund on February 10, 2025, offering over €250 million in new loans to Greek SMEs through its KYC and OPSKE platforms, following the disbursement of over €450 million in previous loans.
HDB Reactivates Tepich III Loan Fund, Offering €250 Million to Greek SMEs
The Hellenic Development Bank (HDB) reactivated the Tepich III loan fund on February 10, 2025, offering over €250 million in new loans to Greek SMEs through its KYC and OPSKE platforms, following the disbursement of over €450 million in previous loans.
Progress
36% Bias Score
CVC Exits Ethniki Asfalistiki, Realizing Near 100% Return
CVC Capital Partners is nearly completely divesting from Ethniki Asfalistiki, selling 70% to Piraeus Bank for €469 million, resulting in a near 100% return on investment due to contractual clauses and the increased valuation of €670 million.
CVC Exits Ethniki Asfalistiki, Realizing Near 100% Return
CVC Capital Partners is nearly completely divesting from Ethniki Asfalistiki, selling 70% to Piraeus Bank for €469 million, resulting in a near 100% return on investment due to contractual clauses and the increased valuation of €670 million.
Progress
40% Bias Score
Greece's Property Income Surge and Persistent Regional Disparities
Greece saw an 83% rise in property income's share of household income from Q4 2019 to Q3 2024, exceeding the OECD average, while its per capita disposable income grew by 1.3% in Q3 2024 compared to the previous quarter but remained below pre-crisis levels; regional GDP disparities persisted, with At...
Greece's Property Income Surge and Persistent Regional Disparities
Greece saw an 83% rise in property income's share of household income from Q4 2019 to Q3 2024, exceeding the OECD average, while its per capita disposable income grew by 1.3% in Q3 2024 compared to the previous quarter but remained below pre-crisis levels; regional GDP disparities persisted, with At...
Progress
36% Bias Score
Greece Unveils Capital Market and Crypto Bill with Tax Incentives
Greece's Ministry of National Economy and Finance will introduce a capital market and crypto asset bill next week, including tax incentives for angel investors, SMEs, and corporate bond holders, alongside measures for increased market transparency and crypto asset regulation.
Greece Unveils Capital Market and Crypto Bill with Tax Incentives
Greece's Ministry of National Economy and Finance will introduce a capital market and crypto asset bill next week, including tax incentives for angel investors, SMEs, and corporate bond holders, alongside measures for increased market transparency and crypto asset regulation.
Progress
20% Bias Score