Dimitra Manifava

Inflation data by Hellenic Statistical Authority (ELSTAT) on Friday surpassed even the most pessimistic scenarios, as the price index jumped to 5.4%, a level unseen since 2023.

If you want to set up a business in Greece, it now takes an average of eight days, three simple steps and just €18.

Online marketplace Skroutz, which started as a “game” by a group of people in Nea Ionia in Athens and evolved over the years into the largest Greek marketplace, even withstanding competition from Chinese e-commerce platforms, is being taken over by Blackstone, the largest alternative asset manager in the world, with the aim of becoming a regional e-commerce powerhouse in the Southeastern European region.

One in five imported used cars sold in Greece have fake mileage, according to modest estimates.

The increase in GDP per capita by 22% in the same period has actually not come from an increase in productivity, but from an increase in employment, especially compared to the previous decade of the economic crisis.

Within the next two weeks, the agreement for the acquisition of fish farming company Avramar by Canadian company Cooke is expected to be completed, said Joel Richardson, vice president of Cooke Inc, addressing the 4th International Aquaculture Conference that began on Friday in Athens and concludes on Saturday.

The government is moving forward with a special legislative framework to attract foreign direct investment (FDI) for investment projects of up to €50 million in critical sectors of the economy.

This year has been a tough one so far for the food service industry, as revenue in the first quarter fell by 1.9% year-on-year, with losses exceeding €42 million.

The European Union's intellectual property agency has rejected an appeal by Turkey's tourism promotion body against a 2025 decision cancelling the “TurkAegean” trademark, in a ruling welcomed by Greece as a vindication of its longstanding objections.

Inflation in Greece jumped to 5% in May, according to Eurostat estimates, the third highest among eurozone countries, with pressure coming mainly from fuel and service prices, and less from food.