Demand for properties from potential foreign buyers has this year soared 25 percent compared to 2018, according to an analysis by property ad website Spitogatos.
Up until just a few days ago, the main field of pending actions for the successful closure of the fourth post-bailout assessment by the country’s creditors, in the context of Greece’s enhanced surveillance, was the energy sector, according to sources from Brussels.
Just four in every 10 Greeks (41.1 percent) aged from 55 to 64 years are active in the labor market.
Greeks are returning to gasoline-fueled cars, as data point to a rapid decline in the market share of diesel vehicles.
Greek stocks retained on Monday their southbound course set last week, with the benchmark losing just over 1 percent and trading volume remaining low, following the warning by Moody’s that the global economy appears headed toward a slowdown.
Chinese President Xi Jinping (r) signs a guest book in the presence of his Greek counterpart Prokopis Pavlopoulos (l) before attending an official dinner at the Presidential Mansion in Athens, Monday. The Chinese President is paying a two-day official visit to Greece. [EPA]
Stefanos Tsitsipas has finally overpowered his nemesis Daniil Medvedev, beating the Russian 7-6 (5), 6-4 in their opening match at the ATP Finals in London Monday. The sixth-seeded Greek had been beaten by US Open runner-up Medvedev in all five previous encounters. “It is one of the toughest and most important victories of my career,” Tsitsipas said after his win on the indoor hard court at the O2 Arena. “It's not easy coming in knowing you've lost five times before [to Medvedev] but this victory means a lot to me, this crowd means a lot to me... [There are] Greek flags everywhere – it almost feels like I'm playing in Athens.” World number one Rafael Nadal was facing defending champion Alexander Zverev later in the day in the same group. [AP]
Two riot squad officers and several students were injured and three people were detained Monday during clashes between police and dozens of radical left-wing protesters outside the Athens University of Economics and Business (AUEB).
The European Investment Bank will launch a new, targeted financing product for young farmers in 2020 that will benefit Greek agriculture, according to senior EIB official Andrew McDowell.
Greece and China have proven their friendship in recent years.