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Thursday
03
Sep 2026
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Athens 28°C

> Economy

> Economy

Ministry of Development: 427 proposals with a budget of €237.3 million in the “Research-Innovation” program

The action aims to create new research & scientific/technical staff positions

Research on Electromobility: Why Electric Cars ‘Braking’

Four reasons why sales growth are slowing - Concerns and prospective new buyers - Automakers changing plans - The market in Europe and Greece

Passenger traffic at “Eleftherios Venizelos” airport soars in July – Increased by 9.3% from last year

It reached 3.61 million travelers

Why fear is sweeping the markets – The scenarios for the next day after Monday’s crash

Growing concerns about a recession in the US and fears that the Fed failed to act in time

Wall Street in sell off mode for another session – Massive liquidations in all sectors

Worst session in nearly two years for the Dow and S&P 500

“Black Monday” on the Athens Stock Exchange, nearly all of 2024’s gains wiped out – Sell-off in international markets

What triggered the massive selling in foreign markets and the stock market - The role of Japan, fears of recession in the US and concerns about worsening tensions in the Middle East - Wall Street opened with big losses, "sell-off" in Europe

Market Mayhem: Athens Stock Exchange Plunges 7% with Massive Liquidations

The Athens Stock Exchange (ASE) is at the forefront of the global sell-off due to concerns about a recession in the US and geopolitical risks in the Middle East - Risk of 2024 profits being "wiped out"

Unleaded is “on fire” on the islands – Over 2 euros a liter

Many visitors left with full tanks in order to reduce the cost of their travels

Mykonos: Why this year the prices are down by 20% – 30% in the rental villas

Fewer visitors, increased supply, competition from other premium Mediterranean destinations bring a drop in rents prices

Fruit and vegetable prices – “Right now, watermelons and melons are the best”

Products are 100% weather dependent

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