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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
ELSTAT
Revises 2023 growth to 2.3%
The Greek economy grew at a rate of 2.3% in 2023, according to revised ELSTAT data, compared to the 2% estimated in the first estimate in March.
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".
MARKETS
MARKETS
Athens Stock Exchange
Looking into ECB announcements
The Athens Stock Exchange is looking for direction, with investors continuing their selective positioning, pending the ECB's interest rate announcements.
BUSINESS
BUSINESS
LAMDA MARINAS
Investing €5 million for upgrade of Flisvos Marina
Lamda Marinas is investing €5 million for the aesthetic, technological and energy upgrade of Flisvos Marina in 2025, while by the end of the year the sub-concession process for the construction of a marina for mega-yachts in Corfu is expected to be completed.
POLITICS
POLITICS
Kyriakos Mitsotakis
At the European Summit meeting in Brussels - Main focus on migration
Against the backdrop of dramatic developments in the Middle East and concerns about new migratory flows, the Brussels Summit takes place today.
MARKETS
MARKETS
Athens Stock Exchange
Closed again at the day's highs
For the second consecutive session, buyers on the Athens Stock Exchange "smiled", with selective positioning leading the General Index to the highest point of the day.
DEAL MAKER
DEAL MAKER
SMERemediumCap
Continues its investments in the veterinary care sector
The SMERemediumCap (SMERC) fund, led by Nikos Karamouzis, continues its investments, aiming to create a modern network of high quality veterinary service units.
BUSINESS
BUSINESS
ENERGEAN
Update on underground CO2 storage in Kavala
The environmental impact of the large project of carbon dioxide (CO2) capture and storage in a depleted deposit in the marine area of Prinos, implemented by EnEarth (a subsidiary of the Energean Group), was the focus of an informative meeting held at the Kavala Region.
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