Latest News from Greece

Construction of huge solar park begins

The start of the construction in Greece of one of Europe's largest photovoltaic parks was announced by Lightsource BP, the company expected to go under the full control of oil multinational BP after the latter agreed last November to acquire a 50.03% stake in the former.

Cynical unionism

It is, unfortunately, not unusual for Greece's unionist instincts to result in one group of professionals causing an enormous amount of hassle for thousands of citizens, with the purpose of putting pressure on whichever government is in power by turning public opinion against it.

Greek team parades along Seine during Olympic games opening ceremony

The Greek Olympic team, as is customary, led the parade along the Seine River in the Paris Olympic Games opening ceremony on Friday.

It is the first-ever parade held on the water, with each team having its own boat that follows a 6-kilometer route along the Seine.

1974 & 1944: Celebrating freedom | Athens | To October 28

A historical exhibition organized by the Athens Municipality, "1974 & 1944: Athens celebrates its freedom" commemorates the 80th anniversary of Greece's liberation from Nazi occupation in 1944 and the 50th anniversary of the restoration of democracy following the fall of the junta in 1974.

Solomun | Athens | September 27

Techniques Festival presents deep house superstar Solomun, who is returning to Greece after four years for an open-air show at the Peace and Friendship Stadium in Piraeus. With his devoted local fan base, he is sure to make Athens dance once again. Tickets start from 35 euros and are available at more.com.

Households continue to spend more than they earn

Greeks continue to spend more than they earn, as Hellenic Statistical Authority data for the first quarter of the year show a high negative rate in savings (8.1%) for households and non-profit organizations, meaning that they spent 8.1% more than their gross disposable income.

This serves as a warning regarding the country's investment and growth prospects.

Greeks’ short working life

The working life of the Greeks is relatively short, just over 34 years, a phenomenon that becomes even more pronounced if compared to other countries, such as the Netherlands, Sweden and also Denmark, where people work for over 40 years.

Greeks are champions in the use of plastic money

Greece is leading the way in plastic money transactions as Greeks use plastic money for 7 out of 10 transactions, according to European Central Bank statistics for the second half of 2023.

Greece signs deal to buy F-35 jets

Greece formally approved an offer to buy 20 F-35 Joint Strike Fighters from the United States as part of a major defense overhaul, government officials said on July 25.

Defense Minister Nikos Dendias said while visiting a military air base near Athens that the purchase would create "a powerful deterrent presence in our region."

“Pirated” boxes and expensive television rights unite platforms

The market interprets the agreement between BC Partners and Deutsche Telekom to broadcast each other’s sports programs as a prelude to developments in the business and sports fields – The reasons that led the two competitors to form an alliance and the significant benefits for viewers.

Pages