ECONOMY

RECOVERY FUND - GREECE

Positive assessment on the 4th payment request

The European Commission announced today (Wednesday) its positive preliminary assessment of Greece's 4th payment request for the €1 billion Recovery Fund grant tranche.

04/09/24 • 14:36

Yannis Stournaras

The aim is to bring down inflation

In his speech to the 6th Endless Summer Conference on Financial Intermediation and Corporate Finance, Bank of Greece Governor Yannis Stournaras stated that the challenge for the period ahead is to ensure that inflation continues to fall in the coming period and that it reaches our target in time.

03/09/24 • 16:05

Bank of Greece

The spread of interest rates on new deposits and new loans increased in July to 5.29%

Data from the Bank of Greece shows that in July 2024, the weighted average interest rate on new deposits stayed at 0.57%, while the interest rate on new loans increased to 5.86%.

03/09/24 • 13:19

Independent Power Transmission Operator

Greek - Cypriot agreement in principle for Great Sea Interconnector

An agreement in principle between the Greek and Cypriot sides for the promotion of the necessary steps that will unlock the implementation of the Great Sea Interconnector was reached in the negotiations of all stakeholders. recently.

03/09/24 • 08:34

S&P GLOBAL PMI

Greek manufacturing its recovery in August

The Greek manufacturing sector remained on an upward trend during August, according to the latest PMI survey data from S&P Global, although growth slowed again.

02/09/24 • 11:49

Industrial Production

Producer prices up 2.2% month-on-month in July

The general producer price index in industry (total domestic and external market) increased slightly by 0.1% in July 2024, compared to the corresponding index of July 2023, compared to a decrease of 8.6% in the corresponding comparison of the 2023 and 2022 indices.

30/08/24 • 16:36

RETAIL

Annual increase of 7.4% in Trade turnover boosted by department stores

The general index of the Retail Trade Turnover Index increased by 7.4% in June 2024 compared to the corresponding index of June 2023, the Hellenic Statistical Authority (ELSTAT) announced today.

30/08/24 • 14:36

EUROSTAT

Inflation in Greece at 3.1%

Inflation in Greece stood at 3.1% in August from 3% in July, according to Eurostat's preliminary data, while a notable drop was recorded in the eurozone, where it stood at 2.2% in August from 2.6% in July.

30/08/24 • 12:13

Attica Bank - PANCRETA

Approval of the merger by the BoG

The merger of Attica Bank and Pancreta through the absorption of Pancreta by Attica Bank was approved yesterday by the Bank of Greece.

30/08/24 • 08:56

Institute of the Association of Greek Tourism Enterprises

Tourist accommodation beds exceeded 1 million in the first half of the year

Steady growth is observed in the number of accommodations in 2024 compared to 2023. However, according to INSETE data, this trend is slowing in July, which may indicate a peak in demand.

29/08/24 • 15:11