The Greek Deal.com
ECONOMY
Bank of Greece
Total insurance assets up 1.9% in the third quarter
The asset value of insurance companies increased by €381 million euros in the third quarter of 2024 compared to the previous quarter and stood at €20.980 billion.
Kyriakos Mitsotakis
Non-negotiable fiscal stability - Allowed Greece to attract investment
Kyriakos Mitsotakis and Nikos Christodoulides highlight the positive results of the two economies at the Greek-Cypriot business forum and, pointing to the path of fiscal balance, stress that the goal of Athens and Nicosia is to further expand cooperation.
European Commission
Greece got the green light for the Medium Term Fiscal Structure Programme
Greece was one of the 20 countries that yesterday received the green light from the Commission for its Medium Term Fiscal Structure Programme and one of only eight eurozone countries with a budget that fully complies with its fiscal recommendations.
Georgios Stassis
PPC's investments contribute to energy security in the wider SE Europe region
PPC Group's enhanced role in energy security and geopolitical stability in the Southeastern European region was the focus of the President and CEO of PPC Group, Mr. Georgios Stassis, during his keynote speech during a conference held at the German Marshall Fund of the United States in cooperation with the Center for Strategic and International Studies (CSIS).
Greek Banks
The 6+1 signs that show continuity in the growth
A new positive report on Greek banks has been published, this time by NBG Securities. According to the analysts, Greek banks reported nine-month and third-quarter figures above market estimates, which indicates a positive outlook for equities and banking institutions.
Kyriakos Mitsotakis
Less taxes by 2027
Prime Minister Kyriakos Mitsotakis announced lower taxes for the middle class by 2027, speaking at the Council of Ministers while making extensive reference to the opposition.
Ministry of Finance
€61.33 billion in tax revenues in 10 months
The budget shows a primary surplus of €13.53 billion for the period January-October 2024, against a target of a surplus of €12.93 billion and a surplus of €6.08 billion for the same period in 2023.
Fitch Ratings
Forecasts for growth, debt and incomes
Fitch on Friday affirmed Greece's investment grade BBB with a stable outlook. It forecasts growth of 2.4% in 2025 and primary surpluses of 2% by 2026.
Kyriakos Mitsotakis
Job creation is the first priority - We brought back 300,000 Greeks
Prime Minister and President of the New Democracy, Kyriakos Mitsotakis, attended the EPP Youth Conference entitled "Securing Europe's Future: Overcoming Challenges," organised in cooperation with the Konrad Adenauer Foundation for Greece & Cyprus and the Wilfried Martens Centre for European Studies, hosted by ONNED in Athens.
Eurobank
In the period 2002-2023 Greece spent €2.3 on imports of goods for every €1.0 it exported
One of the most important weaknesses of the Greek economy, the current account deficit, is put under the microscope of Eurobank Research analysts in the latest edition of "7 Days Economy" published today.
ELSTAT
Turnover of retail trade businesses increased marginally by 0.8%
The turnover of retail trade businesses increased marginally by 0.8% in the third quarter of 2024 compared to the corresponding period a year earlier, according to data released today by the Hellenic Statistical Authority (ELSTAT).