ECONOMY

Independent Authority for Public Revenues

Operation against 287 companies with Chinese interests for tax evasion

The Independent Authority for Public Revenues has disclosed a case of tax evasion involving 287 Chinese-owned retail companies, as a result of anonymous complaints.

18/07/24 • 15:20

Hellenic Republic Asset Development Fund

€10 million funding for four ports from the CEF II Programme for cold ironing infrastructure

The Connecting Europe Facility (CEF) program of the European Commission has awarded €10 million to the Hellenic Republic Asset Development Fund for the development of cold ironing infrastructure and related studies. The Fund oversees four regional ports.

18/07/24 • 14:18

ELSTAT

Arrivals and nights spent in accommodation increased in April

Both arrivals and overnight stays recorded an increase, according to the provisional monthly data on hotel, camping, and collective short-stay accommodation (rooms to let), announced by ELSTAT for the month of April 2024.

18/07/24 • 12:32

Nikos Papathanasis

In 3rd place in the absorption of the new NSRF

Nikos Papathanasis, the Greek Deputy Minister of Economy and Finance, stated that the completion of the €19.35 billion NSRF will be fully absorbed because using European funds is crucial for the Greek economy and society.

18/07/24 • 11:49

EY GREECE

Greece's attractiveness as an investment destination strengthens despite the downturn at European level

Greece's appeal as an investment destination keeps rising, even though foreign direct investment (FDI) in Europe is declining, according to EY.

17/07/24 • 16:47

Bank of Greece

Cash primary surplus at €2.952 billion in the first half of the year

Data from the Bank of Greece shows that the cash primary surplus for the six-month period (January–June 2024) was €2.952 billion.

17/07/24 • 14:35

Airports

Passenger traffic increased by 11.4% in the first half of the year

All 39 airports in the nation that operate commercial flights saw an increase in passenger traffic in the first half of 2024 of 11.4% over the same period the previous year (24 CAA, 14 FRAPORT GREECE, and AIA).

17/07/24 • 14:12

Independent Power Transmission Operator

Tender €42 million for the interconnection between Igoumenitsa and Corfu

To improve the island's electrical infrastructure, Independent Power Transmission Operator is holding a tender for the construction of the new Igoumenitsa-Corfu High Voltage Transmission Line, which consists of a mixed subterranean and underground cable line along with related works.

17/07/24 • 12:54

EUROSTAT

Inflation in Greece at 2.5% in June

In June, Eurostat updated its estimate of Greece's annual inflation from 2.4% to 2.5 percent.

17/07/24 • 12:50

UBS

Vote of confidence in Greek banks

Greek banks are being covered by Swiss bank UBS, which has initiated a "buy" recommendation on them. According to analysts, Greek banks are recovering quickly from a crisis that lasted more than ten years and can profit from the expansion of the Greek economy by lending to Greek businesses.

17/07/24 • 10:18

ECOFIN

Greece reaches 50% absorption of the Recovery Fund

Kostis Hatzidakis attended today's ECOFIN, which approved executive decisions regarding changes to the Recovery Fund of Greece, Finland, Germany, Poland, and Cyprus.

16/07/24 • 17:54

In Brief