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.

Quest Holdings has announced the transaction price for the sale of 20% of ACS to General Logistics, which is €74 million.

Prime Minister Kyriakos Mitsotakis unfolded his own broader remarks on the new productive model of Greece, presented by Development Minister Takis Theodorikakos, stressing that the course of recovery of the Greek economy is now "definitive and irreversible,".

The Athens Stock Exchange started the new week on the left, with sellers returning to the "steering wheel," stopping the "silent" upward streak of the previous days.

Following a pertinent inquiry from the Hellenic Capital Market Commission, Intrakat responded to a publication of the electronic press by stating that there is no agreement regarding any takeover.

Mr. Kostis Hatzidakis, the Minister of Economy and Finance, announced the creation of holding companies for the quicker development of up to 1000 public properties.

The Athens market also follows the pan-European trend, stabilising in negative territory after a sluggish start with marginal and prospect changes.

Printec and Voyatzoglou Group announced the expansion and formalization of their cooperation.

The European Bank for Reconstruction and Development (EBRD) is investing €24 million in Famar, supporting the acquisition of the pharmaceutical company alongside MidEuropa and other investors.