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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.
MARKETS
MARKETS
Athens Stock Exchange
Gains +1.9% in the week
The Athens Stock Exchange continued its "silent" upward streak today (18/10), with buyers maintaining the lead for the 4th consecutive session without impressing.
MARKETS
MARKETS
Public Debt Management Agency
Auction of treasury bills on 23/10
The Public Debt Management Agency has announced that an auction of €500 million worth of 26-week Hellenic Treasury Bonds in dematerialized form that mature on April 25, 2025, will take place on Wednesday, October 23, 2024.
BUSINESS
BUSINESS
YANNIS VARDINOYANNIS
€475 million tourism investment in the Peloponnese
The company Hydra Rock Properties Monopersonal S.A. of Ioannis Vardinoyannis is promoting an investment of €475 million in Ermioni.
BUSINESS
BUSINESS
Independent Power Transmission Operator
State Grid's offer of €62 million for the 20% stake in Ariadni Interconnection
The amount of the improved offer in the tender for the sale of 20% of Ariadni Interconnection to State Grid amounted to €62 million, ADMIE announced today (Friday).
BUSINESS
BUSINESS
Athens Stock Exchange
Upward trends for fourth day
Continuation of the upward trends for the fourth consecutive day is observed in the Greek stock market, which is moving around 1,440 points.
BUSINESS
BUSINESS
KORRES
The plan to exceed €50 million target
Korres' management is looking for a way to get away from the turnover of over €50 million and end the loss-making streak of the last few years.
BUSINESS
BUSINESS
INTRUM
Restructuring proceeds as planned - No impact on Greece
Intrum Group is in the process of implementing its plan for capital strengthening and refinancing of its liabilities in order to maximize the value of the organization, improve liquidity and support its long-term growth path.
BUSINESS
BUSINESS
TEKAL
Delays in public sector projects
TEKAL is negatively affected by the projects that are delayed, mainly in the Public Sector, as although the relevant contracts have been signed, there are delays.
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