The Greek Deal.com
ECONOMY
GREAT SEA INTERCONNECTOR
Crete - Cyprus interconnection thriller extended
Yesterday's meeting on the progress of the electricity interconnection between Crete and Cyprus, which started at 15.45 in Nicosia and was interrupted after five hours to continue over the next few days, was concluded without any white smoke.
Hellenic Republic Asset Development Fund
Lauch of tender for the development of a business park at a former military camp
GAIAOSE announced the launch of the tender for the development of a business park at the former Gonos Military Camp in Thessaloniki.
Industrial Production
Industrial production up 10.6% in July
The General Index of Industrial Production for July 2024, compared to the corresponding index for July 2023, showed an increase of 10.6% compared to a decrease of 1.7% in the corresponding comparison between 2023 and 2022.
ELSTAT
Inflation at 3% in August - High increases in clothing, food and housing
Annual inflation accelerated to 3% in August from 2.7% in July, according to data released today by ELSTAT, with the highest increases recorded in clothing and footwear, hotels and restaurants, and the housing category.
Hellenic Knitwear Association.
Increase in domestic sales, decrease in exports for Greek clothing in the first 6 months of 2024
Retail sales of clothing in the Greek market increased in the first half of 2024, in contrast to exports, which continued their downward trend in 2023, according to data released today by the Hellenic Knitwear Association.
Kostis Hatzidakis
The 3 conditions for tax exemption on the rental of closed properties
The conditions under which will be tax-free for three years, the rents that will arise from properties that are closed, clarified the Minister of National Economy and Finance, Kostis Hatzidakis, from the frequency of the First Program.
IPTO
Studies for the electricity interconnection with Saudi Arabia begin
The President and CEO of IPTO, Mr. Manos Manousakis, and the Vice President and General Manager of Technology, System Development, and Strategy, Mr. Ioannis Margaris, focused on the critical role of international interconnections for the energy transition of Greece and Europe during their presentations at the 2nd European Regional Dialogue for the Middle East and North Africa (MEFED 2024), held in Thessaloniki.
PANOS MYLONAS
€5 billion a year in energy loans by 2030
Pavlos Mylonas referred to the important steps that Greece has taken in the field of renewable energy sources, as well as the leading role of the National Bank of Greece in the financing of relevant projects, during his speech at the Energy Conference organized every year by the Hellenic-American Chamber of Commerce.
ENERGY
Joint initiative in Europe by Greece - Romania - Bulgaria
Greece, Romania, and Bulgaria are taking the initiative to mobilise Europe to reduce energy prices, announced today the Minister of Environment and Energy, Theo Skylakakis, speaking to a radio station.
Thessaloniki International Trade Fair
Opportunity for Greek-German relations
The Greek Prime Minister, Kyriakos Mitsotakis, the Vice Chancellor of the Federal Republic of Germany, Dr. Robert Habeck and the German Minister of Food and Agriculture, Cem Özdemir, inaugurated the German pavilion at the 88th TIF. This
GOVERNMENT
12 new pay rises and 12 new tax cuts
Kostis Hatzidakis, the Minister of National Economy and Finance, presented the new measures announced at the TIF, which have as their main axes 12 new salary increases and 12 new tax cuts.