The Greek Deal.com
ECONOMY
greek fiscal council
Major challenges for the economy in 2025
The Greek Fiscal Council, in its Autumn Report, which was released on Wednesday, said that the Greek economy will perform positively in 2024, in an environment of geopolitical instability in Europe and the Middle East, with significant problems in key countries of the European Union.
CAPITAL ECONOMICS
Greek economy will continue to outperform the Eurozone in the coming years
Capital Economics sees steadily rising and sustainable growth rates for the Greek economy through 2025, indicating that it will continue to outperform the Eurozone in the coming years.
Athens Stock Exchange
Liquidations for second day
The Athens Stock Exchange ended today (17/12) close to the daily lows, with sellers holding the reins for the second consecutive session.
Eurobank
Domestic demand drives growth
The Greek economy continued to grow at a satisfactory pace in Q3 2024, outperforming the Eurozone. Domestic demand remains the main driver of economic growth (private consumption and inventory accumulation), while net exports of goods and services are declining, Eurobank notes in the new issue of its 7 Days Economy bulletin.
Greek Banks
The cost of the new government measures on procurement - The impact on the business plan
The total cost to banks of the measures announced by the government is estimated at over €300 million.
DELOITTE
Historic high for the Information and Communications Technology sector in Greece
The Information and Communication Technologies (ICT) sector may reach historically high levels by 2029, reaching a value of 10.4 billion euros, or 4.6% of national GDP, recording an increase of 35% compared to 2024 and 80% compared to 2019, if the appropriate measures are taken to maintain its growth trajectory.
Ministry of Finance
Surplus of €12 billion in the primary balance in 11 months
The primary result on a modified cash basis of the state budget amounted to 12,012 million euros in the January-November period, against a target for a primary surplus of 9,912 million euros and a primary surplus of 5,826 million euros for the same period in 2023, according to data from the Ministry of National Economy and Finance.
Foundation for Economic & Industrial Research
Economic sentiment eases slightly in November with consumer confidence improving
The Foundation for Economic & Industrial Research's (IOBE) economic sentiment index showed a slight decline in November, but with the consumer confidence index strengthening slightly.
Ministry of Finance
The 10 measures for banks - At €350 million in cost
The measures announced yesterday by the Prime Minister, Kyriakos Mitsotakis, for the banks and the limitation of the fees that citizens pay in their transactions were elaborated by the Minister of National Economy and Finance, Kostis Hatzidakis, together with the Deputy Minister, Thanos Petralias and the Secretary General, Theoni Alambasi.
S&P
What it says about the domestic banking system
S&P analysts note that greek banking system it has fully recovered and is benefiting from the dynamic growth of the Greek economy.
Kyriakos Mitsotakis
Zero charges for basic banking transactions
All charges for basic banking transactions involving payments will be reset to zero, Prime Minister Kyriakos Mitsotakis announced (15/12) in Parliament.