The Greek Deal.com
ECONOMY
Foundation for Economic & Industrial Research
Economic sentiment at a 5-month low in July
The economic climate in July was at its lowest level in the last five months, while consumer confidence also weakened, according to the IOBE's economic sentiment survey.
Yannis Stournaras
Sees two ECB interest rate cuts in 2024
The weak eurozone economy could drive inflation below the 2% target, Bank of Greece Governor Yannis Stournaras said in an interview.
Ministry of Finance
Changes with the law on the National Investment Fund
The new law passed yesterday in Parliament marks a change of page in the Growth Fund and its 8 subsidiaries for the benefit of millions of citizens, as it provides for the radical transformation of their mode of operation and their transformation into "small PPCs".
Bank of Greece
€5 billion in bond and equity investments brought by the upgrade of the Greek economy
An estimated €5 billion of inflows are estimated to have taken place in Greek government shares and bonds as a result of the credit upgrade of the Greek economy.
CORFU
Green light from the cabinet for the contract of the mega-yachts marina
The Ministry of Shipping and Island Policy announced yesterday that the Greek state's co-signing of the contract for the mega-yacht marina in Corfu was approved by the Cabinet.
Bank of Greece
Deposit rate unchanged, 5.78% increase in new loans
The weighted average interest rate on all new deposits remained almost unchanged from the previous month, at 0.57%.
AADE
Mandatory signage in taxis for card payment
Following a suggestion from the Governor of the Independent Authority for Public Revenue, Giorgos Pitsilis, the Ministry of Finance decided that taxis must post special signage informing customers of the requirement to accept card payments and specifying the form of the signage.
EUROSTAT
Inflation accerelelated to 3% in July in Greece
Inflation in Greece rose to 3% in July from 2.5% in June, according to preliminary data from Eurostat, showing that product prices in the country recovered after three months of decline.
ELSTAT
Unemployment down to 9.6% in June
Unemployment fell to 9.6% in June, according to corrected rates from the ELSTAT Labor Force Survey and seasonally adjusted estimates for employment and unemployment in June 2024.
Independent Authority for Public Revenues
Two businesses on the beach of Rhodes and Gialova in Messinia closed down
Two more businesses, on the beach of Rhodes and a well-known restaurant in Yalova, were closed for 48 hours by the auditors of the Independent Authority for Public Revenues.
Independent Power Transmission Operator
One bid in the second phase of the tender for the sale of 20% of Ariadne Interconnection
On July 26, 2024, the second phase of the tender for the sale of 20% of the 20% stake in IPTO's subsidiary, "Ariadni Interconnection SAES,"  the operator of the Attica-CCrete electricity interconnection, was completed.