The Greek Deal.com
ECONOMY
Independent Authority for Public Revenues
Invitation for consultation on the Strategic Plan 2025 - 2029
The Independent Public Revenue Authority puts the Strategic Plan for the period 2025–2029 out for consultation and invites stakeholders to actively participate in the dialogue to shape the strategy for the next day.
ELSTAT
Unemployment fell to 9.5% in August
The unemployment rate in Greece was also in the single digits in August, which stood at 9.5% compared to the upwardly revised 11.4% in August 2023 and 9.9% in July 2024.
Ministry of Finance
Main points of the Medium-Term Fiscal Structural Plan 2025-2028
The Medium-Term Fiscal Structural Plan 2025-2028, the key points of which were presented at a press conference by the Minister of National Economy and Finance Kostis Hatzidakis.
Hellenic Association of Insurance Companies
6.3% increase in insured homes for weather and earthquake
Greece's rate of residential insurance coverage is 18.3%, as of December 31, 2023, as opposed to 18.2%.
Industry
Annual decrease of 2.4% in producer prices in August
The General Producer Price Index for Industry (total domestic and external market) recorded a decrease of 2.4% in August 2024, compared to the corresponding index of August 2023, compared to a decrease of 8.3% recorded in the corresponding comparison of the 2023 and 2022 indices.
RETAIL
Turnover decreased in July
The General Index of Turnover in Retail Trade in July 2024, compared to the corresponding index of July 2023, showed a decrease of 0.2% and compared to the corresponding index of June 2024 a decrease of 1.8%, according to data released by ELSTAT.
Ministry of Finance
The hidden aces of budgetary policy
Measures to curb tax evasion are filling up the state coffers and creating new data on fiscal policy and the targets set for primary surpluses and debt in the coming years.
Tourism
Greece achieved an increase in air arrivals and revenue in the eight months
Air arrivals in Greece in the period January-August 2024 increased, as 18.9 million international air arrivals were recorded, exceeding the levels of January-August 2023 (17.5 million), showing an increase of 8.0% or 1.4 million arrivals compared to last year.
Yannis Stournaras
Risks to financial stability are increasing
The Governor of the Bank of Greece, Yannis Stournaras, warned of challenges to the EU banking system in his speech at the "NPL Meeting 2024 - Step Forward" conference of Banca Ifis held in Lake Como.
ELSTAT
How much Greeks spent on food and housing
Greek households spent approximately €1,625 per month or €20,223 annually in 2023, which is 5.3% more money than in 2022 (1,600 euros), reflecting the impact of price pressure on Greek households' budgets.
GREAT SEA INTERCONNECTOR
The amendment for the electricity interconnection between Greece and Cyprus was approved
The Greek State will be responsible for 13% of any potential delays or cancellations of the Cyprus-Crete electricity interconnection project that result from external factors beyond the control, responsibility, and fault of the implementing entity and/or its contracted suppliers and contractors (geopolitical risk).