The Greek Deal.com
ECONOMY
ELSTAT
Restaurant and accommodation turnover up 9% in September
Turnover in the accommodation sector increased by 6.9% in the third quarter, reaching €6.18 billion, compared to €5.78 billion in the third quarter of 2023.
Hellenic Republic Asset Development Fund
Three tenders for projects for the General Secretariat of Public Order
The Hellenic Republic Asset Development Fund has launched for consultation three tenders for projects included in the large programme of €650.4 million for the strengthening of the General Secretariat of Public Order.
MORGAN STANLEY
More cautious - Lowers the bar for bank stocks
The new Morgan Stanley report on the domestic banking system is a negative surprise. This is because it lowers the target prices of bank stocks, downgrading the recommendation for Piraeus and National Bank.
AADE
Pleased that Greece hosted the 17th OECD International Forum of Tax Administrations
The OECD's International Forum of Tax Administrations (FTA), which took place in Athens from 13 to 15 November, has concluded its work.
Bloomberg
Greek Banks eady to move forward with overseas acquisition deals
Greek banks are ready to move forward with overseas acquisition deals after overcoming the painful restructuring hurdle, top executives of the country's four largest banks said.
Kyriakos Mitsotakis
Plans to speed up repayment of billions of euros in bailout loans
Greece plans to speed up repayment of billions of euros in bailout loans, Prime Minister Kyriakos Mitsotakis said at a Bloomberg event on Monday, in another sign of the country's economic turnaround.
Independent Power Transmission Operator
The tender for the electricity interconnection between Corinth and Kos begins
With the announcement of the tender for the Corinth-Kos electricity interconnection, IPTO launches a crucial project for the integration of the Dodecanese islands into the continental high-voltage system.
RATING AGENCIES
Predictions for banks and the major greek companies
The outlook for the Athens Stock Exchange and the shares of Greek companies is positive, according to two new reports published by Bank of America (BofA) and UBS.
Ministry of Finance
Steady growth and convergence with the European average
The European Commission today published its autumn economic forecasts for the years 2024, 2025 and 2026, the Ministry of Economy & Finance said in a statement.
ELSTAT
Business turnover up 4.4% in the third quarter
By 4.4% increased the turnover of Greek businesses in the third quarter of 2024 and amounted to 128,246,250 thousand euros, according to ELSTAT data. In the same period last year, it had amounted to 122,801,383 thousand euros.
European Commission
Growth of 2.3% and inflation of 2.4% for Greece in 2025
The Commission estimates that the Greek economy will close 2024 with growth of 2.1% and inflation at 3%, with 2025 bringing growth of 2.3% and inflation at 2.4%.