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ECONOMY
Tourism
Accommodation and food service activities provided 6.5% added value in Greece's business economy
Tourism services provided 6.5% of the value added to Greece's economy, according to Eurostat.
Inflation
3.4% for Greece, 2.4% for the euro area in February according to Eurostat
Eurostat data showed that inflation was 3.4% for Greece in February while in the eurozone fell to 2.4%.
Ministry of Economy and Finance
9 out of 10 businesses connected to payment terminals
More than 255,000 greek businesses have been connected to payment terminals as required by the Ministry of Economy and Finance.
IOBE
Substantial improvement in the Economic Climate Index in March
Foundation for Economic & Industrial Reseach found out that economic as well as consumer confidence is strengthening.
Commission
Approves €1 billion Greek State aid measures to support renewable energy
The European Commission has approved €1 billion measures to support two projects for the generation and storage of renewable energy in Greece.
ALCOHOLIC BEVERAGES
Greek exports exceeded €100 million - The main destinations
Τhe EU-27 Member States are consistently the most important destinations for Greek spirits, with a 76% share in value.
ALPHA BANK
Greek economy was resilient in 2023
Alpha Bank notes that a healthier banking system has been instrumental in strengthening the financial stability.
Golden Visas
New rules to be discussed in Greek Parliament
Government aims to regulate further Golden Visa scheme in order to tackle housing crisis.
HRADF
Ports of Souda and Stylida to be upgraded
The projects are co-financed by the Recovery and Resilience Fund.
YANNIS STOURNARAS (BoG)
Reduction of the maximum VAT rate of 24% is feasible
Governor of the Bank of Greece argued that priority is not to reduce VAT, but to reduce social security contributions at work.
ELSTAT
Unemployment rate in Greece at 11% in February
The number of employed persons amounted to 4,228,417 persons, increased by 76,736 persons as compared with February 2023 (1.8%) and decreased by 38,712 persons compared with January 2024 (-0.9%)