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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.
ECONOMY
ECONOMY
ELSTAT
Annual increase in retail sales in August, but decline from July
The turnover of retail trade businesses strengthened in August 2024 from the corresponding period last year, but from July 2024 it showed a significant decline, according to data released today by the Hellenic Statistical Authority.
ECONOMY
ECONOMY
ELSTAT
Greek industry turnover down 4.1% in August
Turnover in the manufacturing sector decreased both on an annual and monthly basis in August, according to provisional data from the Hellenic Statistical Authority.
MARKETS
MARKETS
Athens Stock Exchange
Wants to do the 4×4 while he waits for the S&P
The Athens Stock Exchange continues to accumulate forces, with selective market movements supporting the positive sign for the 4th consecutive session.
BUSINESS
BUSINESS
Cenergy Holdings
Hellenic Cables supplies inter-array cables for the New Jersey Offshore Wind Project
Cenergy Holdings announces that Hellenic Cables, its cable division, has signed a partnership agreement with Leading Light Wind, one of the largest offshore wind farms in the US.
ECONOMY
ECONOMY
Hellenic Competition Commission
Approval of the acquisition of joint control by More and TERNA Energy over Aeoliki
The Competition Commission has approved the creation of a joint venture through the acquisition of joint control by More and Terna Energy over Aeoliki.
POLITICS
POLITICS
Kyriakos Mitsotakis
The EU came closer to the Greek positions on migration
Kyriakos Mitsotakis responded to the immigration issue in his statements after the conclusion of the European Council in Brussels.
POLITICS
POLITICS
Kyriakos Mitsotakis
Agreement on security cooperation with Volodymyr Zelensky
Prime Minister Kyriakos Mitsotakis and President of Ukraine Volodymyr Zelensky signed an agreement on security cooperation on the sidelines of the European Council meeting in Brussels.
ECONOMY
ECONOMY
Kostis Hatzidakis
GDP revision improves debt by 3.5%
Kostis Hatzidakis, the Minister of Economy and Finance, presented the advantages to the economy from the retrospective revision of the GDP that ELSTAT has carried out today.
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