IOBE: The Role of Business Parks in Economy

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18.03.2025

Each euro of added value generated in these Business Parks contributes 2.4 euros to GDP, while every job created within these businesses helps generate an additional 4.1 jobs throughout the broader economy.

Road restoration works at the Isthmus have been reopened to traffic by the AKTOR Group

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18.03.2025

The AKTOR Group has reopened the final section of the old Athens - Corinth National Road, which had suffered severe damage following the devastating fire in a tanker truck on June 8, 2024. This fire caused a traffic disruption on the Olympia Odos, significant damage to the highway and the bridge, and led to the need for demolitions and the restoration of the region's road infrastructure.

Metlen purchased property for expansion in Volos

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18.03.2025

METLEN Energy & Metals (METLEN) is strengthening its strategic positioning in the Defence sector by expanding its industrial complex in Volos, developing a significant defence hub in Greece.

Unlawfully occupied land retrieved by the Municipality of Skíathos

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18.03.2025

A large area of approximately 15.5 acres, which had been unlawfully occupied by a large hotel complex, is being returned to the municipality of Skíathos after over five years of legal battles, concerning spaces in the famous Koukounaries area.

Moody's upgrades credit ratings for three systemic banks

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18.03.2025

Moody's upgrades credit ratings for Eurobank, National Bank of Greece, and Attica Bank.

Mistaken excavation of a 160-meter tunnel in the Katehaki area

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18.03.2025

In Parliament, concerns were raised regarding the 160-meter semicircular tunnel constructed along Metro Line 4 in the Katehaki area. The tunnel was built without adhering to the original design, raising significant safety concerns. This deviation is particularly alarming due to the proximity of the excavation site to critical infrastructure, including major road arteries and state facilities.

Vacant job positions decreased by 31% in the fourth quarter of 2024

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17.03.2025

The number of vacant job positions across the entire economy, excluding the primary sector and household activities, decreased by 31% in the fourth quarter of last year compared to the same period in 2023 (28,365 versus 41,120 positions, respectively). This follows a significant 96.5% increase in vacancies during the same quarter when comparing 2023 to 2022.

Crete: A hot spot for new vacation home constructions

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17.03.2025

A significant "shift" has been observed in recent years in the development of new vacation homes in Crete.

Restoration of the Guardhouse and Pigsty at Tatoi Estate

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17.03.2025

The Ministry of Culture is proceeding with the restoration of two more monument-buildings at the former royal Tatoi Estate.

The income tax returns platform is now open for submissions

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17.03.2025

The submission of income tax returns for individuals for the 2024 tax year has officially commenced.

Dynamic expansion of the PPC Group in Bulgaria

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17.03.2025

The commencement of construction of a new photovoltaic plant with battery storage, boasting a total installed capacity of 165 MWp, marks the dynamic expansion of the PPC Group in Bulgaria's renewable energy market.

Cleaning works in the Peneus River currently in progress

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17.03.2025

The contractor of the project, funded and implemented by the Region of Thessaly, is proceeding with the cleaning of the bed, maintenance, and restoration of the existing flood protection works of Ditch I1 in the Larissa Regional Unit, at the confluence with the Peneus River and its internal branch in the city of Larissa, extending to the intersection with Saki Karayiorgas Street, approximately 1500 meters in length. These works sustained damage following heavy rainfall between September 4-9, 2023 (storm Daniel) and between September 26-28, 2023 (storm Elias).

Climate change is reshaping the real estate market

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17.03.2025

Climate change is one of the most significant challenges facing the real estate market today.

Tax on rental income expected to be reduced

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17.03.2025

According to sources, the Ministry of National Economy and Finance is in the final stages of redesigning the tax brackets for rental income as part of the government's broader tax relief initiative.

Overall Import Price Index (MPI) in Industry up 0,1% in January

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14.03.2025

The Overall Import Price Index (MPI) in Industry with base year 2021=100.0 in January 2025 recorded an increase of 0.1% compared with January 2024. The corresponding index in January 2024 had recorded a decrease of 6.4% compared with January 2023.