The Greek Deal.com
ECONOMY
Ministry of Finance
Primary surplus of €7.6 billion in the eight months - €43 billion in tax revenues
The provisional data on the state budget's implementation, which the Ministry of Finance released on Monday, show better performance in tax collection this year by €1.342 billion but exceeding the target in the primary surplus by €1.12 billion for the period of January to August 2024.
Tourism
What will happen with the cruise tax and the fee on Airbnb-hotels
Olga Kefalogiannis, the minister of tourism, has moved forward with the specification of the measures for short-term rentals, the climate crisis resilience fee, and the cruise fee that the prime minister announced at the Thessaloniki International Fair.
Ministry of Finance
Increase in public investment by €900 million
Kostis Hatzidakis, the Minister of Economy and Finance, and Nikos Papathanasis, the Deputy Minister, announced today at the press conference that the Public Investment Programme's budget will increase by €900 million for 2024.
Bank of Greece
Inflation easing in the coming months
In its recurring publication "Inflation Monitor," the Bank of Greece forecasts that inflation will slow to 2.5% this year and 2.2% in 2025 before falling below the ECB's 2% threshold in 2027.
Kostis Hatzidakis
Request to the Commission for a one billion euro extension of Hercules
During the joint press conference on entrepreneurship and business productivity, Kostis Hatzidakis, the Minister of National Economy, announced that Athens had submitted a request to the European Commission to extend the Hercules program by one billion euros.
Tourism
5.4% increase in passenger traffic at Greek airports
Passenger traffic at the 24 airports managed by the CAA increased by +5.4%, according to provisional statistics for the eight months of January-August 2024.
Growthfund
Upcoming projects, TIF and the Corinth Canal
The registration and development of the properties of the Hellenic Public Properties Company, the redevelopment of the TIF, and the development project in the Corinth Canal are among Growthfund's priorities, according to Stefanos Theodorides, Chairman of the Board of Directors.
MOODY'S
Why did not grant Greece the investment grade
Moody's confirmed its reputation as the "strict" rating agency, as it did not give our country an investment grade on Friday.
EURELECTRIC
Up to five times the price of electricity in the European South
Electricity prices in the European South are five times higher than in the Nordic countries and almost twice as high as in Central and Western Europe, according to an analysis by Eurelectric (the European electricity industry organisation).
MOODY'S
Revises Greece's outlook to positive, maintains ratings at Ba1
Credit ratings agency Moody's revised its outlook on Greece to "positive" from "stable" on Friday, citing a healthier banking sector and a better-than-expected economic performance.
MOODY'S
Greek bonds on hold for the upgrade
The bond market moved today (13/9) with a focus on tonight's Moody's verdict. The international rating agency is expected to announce its assessment of the Greek economy today.