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In 2023, across the EU, approximately 4.9% of people aged 16 or over reported experiencing housing difficulties in their lifetime (situation when a person had no place of their own and was forced to stay in a temporary accommodation).
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IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share of a shrinking home furniture market, but it expects a recovery next year.
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United Airlines has announced an extension of its seasonal flights with daily direct connections from Athens to the USA for the summer of 2025.
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For the enterprises of the economy as a whole, obliged to double-entry accounting bookkeeping, for which data are available on a monthly basis, the turnover in August 2024 amounted to 32,208,347 thousand euro, recording an increase of 2.9% in comparison with August 2023, when the respective turnover was 31,307,686 thousand euro.
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Hotel transaction activity increased to the highest levels since 2019 in the first half of 2024, according to HVS' H1 2024 European Hotel Transactions report.
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As part of the further upgrade of the regional airports and having already completed the second phase of restructuring and reconstruction of the runways, Fraport Greece, the operator of the 14 regional airports in Greece, will proceed to the third phase of the construction works.
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Lamda Development and Spyros Latsis launched the "AURA RESIDENTIAL" special purpose vehicle to develop OT AP1-4 in the Little Athens neighborhood in Ellinikon.
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BriQ Properties REIC announced that its Board of Directors, at its meeting on 8 October 2024, approved the following,
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Romania amongst the top real estate investment destination countries.
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Metlen Energy & Metals S.A., a leading global industrial and energy company rated BB+ (Stable) /BB+ (Stable) (S/F) announced the successful pricing of its green bond offering (the “Offering”) of €750.0 million aggregate principal amount of 4.00% senior notes due 2029 (the “Notes”), at an issuance price of 100%.
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The evolution of the Consumer Price Index (CPI) of September 2024 (reference year 2020=100.0) is depicted as follows: The CPI in September 2024 compared with September 2023, increased by 2.9%. In September 2023, the annual rate of change of the CPI was 1.6%.
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The 5th Department of the Council of State (CoS) ruled that in the central part of the monumental settlement of Hydra, only the reconstruction of a building, similar to the one whose existence can be proven, is allowed.
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As urban electricity needs continue to grow, the reliability of electricity grids is critical, while increasing demand for electricity, followed by skyrocketing prices, generate challenges for grid management.
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In a major move to improve energy efficiency and sustainability, Emirates has partnered with Etihad Clean Energy Development to launch a large-scale solar power project at its Engineering Centre in Dubai.
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The Ras Al Khaimah Investment and Business Summit is set to take place at RAK Exhibition Centre from December 10th-11th, 2024, offering an unparalleled platform for global business leaders, investors, and policymakers to explore investment and trade opportunities in Ras Al Khaimah, UAE. Hosted by Ras Al Khaimah Chamber & Ras Al Khaimah Exhibition Centre, and with RAKEZ as foundation partner, the event will welcome attendees from various sectors to discuss and discover the vibrant economic landscape of Ras Al Khaimah.