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.

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.

Tourism receipts in August were down by 1.8% compared to the same month last year, although arrivals increased by 6.6%, continuing the trend observed in July.

PPC intends to issue €500 million in senior unsecured bonds maturing in 2031, according to an announcement.

The Athens Stock Exchange starts the new week with no desire to claim a possible approach of 1,450 points, with sellers having a marginal lead over buyers.

The continued exploration of potential markets in Europe and other parts of the world and participation in tenders that may be announced for ground handling licenses are on Goldair Handling's plans for this year as well.

Attica Bank is the focus of investor interest at the moment, as the procedures for the share capital increase are underway.

The US rating agency Standard & Poor's has not spoken on Greece's rating, with the country's credit rating remaining at BBB- (the lowest investment grade level), with a positive outlook.

The executives describe 2024 as a "milestone year" for the Hellenic Republic Asset Development Fund, as the best performance in its history is recorded with revenues of more than €4 billion.

Standard and Poor's made no move yesterday evening, maintaining its BBB-investment grade rating (the lowest level of investment grade) with a positive outlook.