Category: economy

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Car sales up 34.4 pct in October

The Hellenic Statistical Authority announced that in October 2017, 12,737 road motor cars (both new and used from abroad) were put into circulation for the first time, recording a 34.4% increase compared with the corresponding month of 2016 when the number of road motor cars was 9,479. In October 2016, a 20.0% increase had been […]

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Energy investments in Greece to total 30 bln euros in 2016-2025, survey shows

Investments in electricity power units, renewable energy sources and hydrocarbon exploration are expected to reach 23.3-30.2 billion euros in the period 2016-2025 in Greece, a survey by the Institute of Energy for South-East Europe said on Tuesday. The survey said that investments in the 13 countries included in the region (western Balkans, Romania, Bulgaria, Greece, Cyprus […]

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Greek Fleet World’s 1st in Terms of Cargo Carrying Capacity

Greece’s fleet is the global leader in terms of cargo carrying capacity (dwt), according to the UNCTAD (United Nations Conference on Trade and Development), which recently released its Review of Maritime Transport 2017offering an overview of the global fleet. The report places Greece first among the world’s top five shipowners in terms of cargo carrying capacity at 309 million dwt, followed by […]

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Greece Preparing E-platform for Short-term Accommodation Rentals

Aiming to tackle illegal home rentals and collect millions of euros in lost revenue, Greece’s Independent Authority for Public Revenue (AADE) is finalizing an electronic registry that will include all property owners leasing out through sharing economy platforms. Hosts who do not comply will face a fine of up to 5,000 euros. Landlords renting out their homes as tourist accommodation will be […]

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