Economics

Ellinikon: A project that will change Athens forever

The redevelopment of Hellinikon, with a budget of 8 billion euros, is the largest private investment in the history of Greece and is expected to be one of the main pillars of the country's development. This project, which includes the creation of a modern urban center, is expected to bring revolutionary changes to the Greek economy, businesses and exports, strengthening the country's competitiveness on the...

Tourism in Greece 2024 – International arrivals 33.8 million in 10 months

The analytical data on travel traffic for the period January-October published by the Bank of Greece show that the estimate of record international arrivals of over 38 million, including cruise passengers, for the whole year for our country will be confirmed. In detail, for the period January-October, incoming travel traffic recorded an increase of 9.2% and reached 33.8 million travelers, compared to...

House price increase of 90% in eight years

Greek house prices continue to accelerate, amidst strong demand from foreign homebuyers, growing residential construction activity, and continued economic growth in the country. In Greece's urban areas, house prices soared by 10.76% in Q1 2024 from a year earlier, following year-on-year increases of 12.48% in Q4 2023, 13.05% in Q3, 15.22% in Q2, and 15.91% in Q1, according to figures released by...

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