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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
Ministry of Finance
Draft Budgetary Plan submitted to EU Commission
The General Accounting Office of the State submitted the Draft Budgetary Plan (DBP) 2025 to the European Commission on Tuesday, October 15, in accordance with the deadlines.
ECONOMY
ECONOMY
Bank of Greece
Demand for mortgage loans decreased in the third quarter
In Q3 2024, the lending criteria for non-financial corporations (NFCs) remained unchanged compared to Q2 2024, in line with the expectations expressed in the previous quarter's survey as the Bank of Greece announced today.
MARKETS
MARKETS
Athens Stock Exchange
Cautious moves and low turnover
The Greek stock market is repeating the same play, which is losing its initial momentum and is trading far from the highs of the day.
ECONOMY
ECONOMY
Ministry of Finance
New tax bill presented today
The new tax bill was presented today by the Minister of Economy and Finance, Kostis Hatzidakis, and the Deputy Ministers, Christos Dimas and Thanos Petralias.
ECONOMY
ECONOMY
ELIAS XIROUCHAKIS
Banks in Greece have become the most desirable assets in Europe
Greece's troubled banks of the past have become some of the most desirable assets in Europe, Elias Xirouchakis, managing director of the HFSF, told Bloomberg
BUSINESS
BUSINESS
Profile Group
New multi-year agreement with Danske Bank
Profile Centevo, a subsidiary of the Profile Group, a provider of asset & fund management software in the Nordic countries, announces a new multi-year agreement with Danske Bank to provide extended services to Danske Invest, active in the asset management industry.
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