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ECONOMY
ECONOMY
EUROSTAT
Greece in the trio of EU and Eurozone countries with the largest debt ratio reduction
Greece is among the trio of eurozone and EU member states with the largest reduction in the debt-to-GDP ratio in the second quarter of 2024, both in relation to the first quarter of the year and on an annual basis according to Eurostat.
ECONOMY
ECONOMY
ELSTAT
Primary surplus at 2,1% of GDP
At 2.1% of GDP, or €4.658 billion the primary surplus for 2023 was finally reached, higher than the 1.9% initially estimated and much higher than the 1.1% of GDP projected in the 2024 budget.
BUSINESS
BUSINESS
GEK Terna
Contribution of €4.8 billion to Greece's GDP
The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".
BUSINESS
BUSINESS
TRADE ESTATES
Preliminary agreement with Lamda Development for the Retail Park
Lamda Development and Trade Estate have signed the notarial contract for the sale of the retail park within the commercial hub for a total price of €31 million.
ECONOMY
ECONOMY
Tourism
Accommodation and catering turnover soared in August
The turnover of businesses operating in the accommodation and catering services sectors jumped by more than 10% in August, according to data from the Hellenic Statistical Authority (ELSTAT).
ECONOMY
ECONOMY
RAILWAYS
Tender for its digital transformation - €36 million budget
Approval of a tender procedure for the award of the project "Installation, configuration, management, and guarantee of good operation of an integrated information system for the Digital Transformation of OSE.
BUSINESS
BUSINESS
Intercontinental Ιnternational
BriQ Properties at 27.02%, Ajolico at 51.76%
Intercontinental International announced that on October 11, 2024, BriQ acquired from Ajolico approximately 27.02% of the company.
MARKETS
MARKETS
Athens Stock Exchange
Cautious attempt to rise
The Athens Stock Exchange is attempting to return to positive territory today (15/10), with investors engaging in selective moves, giving a fragile lead to buyers.
BUSINESS
BUSINESS
ALUMIL
Expands its international presence
The investment plan that will strengthen its growth path in Greece and mainly abroad, and the plans for Alufond and the further reduction of borrowings, were among other things analyzed by the head of the group, George Mylonas, in a presentation for Alumil yesterday
BUSINESS
BUSINESS
QUEST GROUP
The details of the deal for the 70% of Benroubis
Quest Holdings Group announced the acquisition of 70% of Benroubis for €27.2 million. The total investment may reach up to €29.2 million within 2025 due to a provision for a return of an additional amount to minority shareholders linked to future results.
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