The Greek Deal.com
ECONOMY
UBS
Expects significant growth in the Greek economy
UBS expects significant growth in the Greek economy, according to a report. The analysts note that growth rates will increase to 2.8% in 2025 from 2.5% in 2024, while they expect debt reduction to continue.
BUDGET
Submitted to Parliament from Minister of Finance
The Minister of National Economy and Finance, Konstantinos Hatzidakis, submitted the 2025 State Budget to the Plenary Session.
Industrial Turnover
Decreased by 7.9% in September 2024
The general turnover index in industry (total domestic and external market) decreased by 7.9% in September 2024, compared to the corresponding index of September 2023, compared to a decrease of 5.3% in September 2023 compared to September 2022.
Bank of Greece
Travel receipts increased in September after two months of decline
Encouraging are the figures for travel receipts in September, which after two months of decline recorded an increase, improving the balance of services to €3.6 billion, according to Bank of Greece data.
Public Debt Management Agency
Re-issues 10-year bond - Aiming to raise €250 million
The Greek government is going to the markets, as it has scheduled an auction for tomorrow, Wednesday, November 20, 2024, for the re-issuance of a 10-year government bond, maturing on June 15, 2034.
Kyriakos Mitsotakis
Data4 investment a vote of confidence in Greece
Data4's investment is a vote of confidence in Greek economy, the Prime Minister said, speaking at the groundbreaking ceremony of Data4's data center campus in Peania
Bank of Greece
Primary cash surplus of €13.4 billion in 10 months
The cash result of the central administration, on a cash basis, showed a surplus of more than €7 billion in January-October compared to the corresponding period of 2023.
EUROSTAT
Inflation in Greece at 3.1% in October
Annual inflation in Greece stood at 3.1% in October last year, according to Eurostat data, unchanged from September. It was down compared to October 2023, when it stood at 3.8%.
ELSTAT
Restaurant and accommodation turnover up 9% in September
Turnover in the accommodation sector increased by 6.9% in the third quarter, reaching €6.18 billion, compared to €5.78 billion in the third quarter of 2023.
Hellenic Republic Asset Development Fund
Three tenders for projects for the General Secretariat of Public Order
The Hellenic Republic Asset Development Fund has launched for consultation three tenders for projects included in the large programme of €650.4 million for the strengthening of the General Secretariat of Public Order.
MORGAN STANLEY
More cautious - Lowers the bar for bank stocks
The new Morgan Stanley report on the domestic banking system is a negative surprise. This is because it lowers the target prices of bank stocks, downgrading the recommendation for Piraeus and National Bank.