The Greek Deal.com
ECONOMY
European Commission
Green light for extension of Hercules scheme
The green light for the extension of Hercules until 30 June 2025 and the increase of its budget by €1 billion was given by the Commission.
Kostis Hatzidakis
Legislative initiative on mortgage and bank commissions - What's coming for borrowers
The government will proceed with a legislative initiative to address the housing problem and the issue of high commissions imposed by banks in daily transactions, said the Minister of Economy and Finance, Kostis Hatzidakis.
ELSTAT
Import prices in Greek industry fell by 5.5% in October
Import prices in Greek industry fell by 5.5% in October, but compared to the previous month, import prices rose by 2.3%.
ELSTAT
Annual growth of 17.9% in the third quarter in the construction sector
Construction recorded a marginal increase in the third quarter of 2024 compared to the previous quarter, while a 17.9% jump was recorded on an annual basis.
ELSTAT
Wage costs down 2.9% in the third quarter
The Wage Cost Index, without any correction (seasonal or correction for the number of working days), decreased by 2.9% in the whole economy, except for the primary sector and household activities, in the third quarter of this year compared to the corresponding index for the third quarter of 2023, compared to an increase of 7.3% in the corresponding comparison in 2023 to 2022.
National Productivity Council
Need for coherent policies to support effective convergence with Europe
The need for coherent policies that will support substantial convergence with Europe and the importance of targeted policies to enhance competitiveness are highlighted in the Annual Report of the National Productivity Council of Greece for 2024.
STARTUPS
The 10 Greek startups with the most funding in 2024
The Greek startup ecosystem is on a steady growth trajectory, with significant achievements in 2024, according to Startups in Greece 2024-2025, presented to journalists today.
DEPA COMMERCIAL
Announcements on the acquisition by Hellenic Energy of the 35% stake held by Helleniq Energy are only a matter of hours
The sale to the Greek state of the 35% stake held by Helleniq Energy in DEPA Commercial will reportedly close in the next few hours—possibly even today.
Council of State
Unconstitutional bonuses of the New Building Regulation
The contested provisions of the New Building Regulation were found to be contrary to the Constitution by the Plenum of the Council of State.
ELSTAT
Business turnover in October increased by 4.2%
Business turnover in October increased by 4.2% compared to last year, according to ELSTAT data for all sectors of the economy, incorporating the latest data on turnover from administrative sources.
GOVERNMENT
Four major investments with a budget of €235 million approved
Four flagship investments with a budget of €253 million have been approved by the Inter-ministerial Committee for Strategic Investments in the framework of the implementation of the new production model of the country presented on 21 October.