The Greek Deal.com
ECONOMY
OECD
Greece has seen the largest reduction in job insecurity since 2015
According to the most recent OECD Employment Outlook 2024 report, the Greek labor market has been trending positively recently, with employment and wages rising and unemployment and job insecurity declining.
OECD
Greece has made the most progress in correcting distortions of competition
The most recent OECD report on Greece documents significant progress in the area of structural reforms on the front of competition.
AADE
Making the country's exporting companies more competitive
By managing the digital notification of the departure of goods from EU customs territory, the Independent Authority for Public Revenue is further digitizing the export finalization process.
Industrial Production
Import prices up 2.8% in May
The General Index of Import Prices in Industry showed an increase of 2.8% compared to a decrease of 20.8% recorded when comparing the corresponding indices of the years 2023 and 2022.
REAL ESTATE
Shift from Greek buyers to smaller houses
Larger properties are primarily chosen for owner-occupation, but Greek buyers are gravitating toward smaller properties, primarily seeking investment opportunities that can guarantee future capital gains.
AADE
Over 4.5 million tax returns in 75 days
This year, the AADE stresses that the submission of tax returns by individuals is at a record pace. In a 75-day period in 2023 and 2022, 2,916,726 and 2,695,736 returns were submitted respectively, despite the fact that in those years the filing system was opened on March 30 and 31, respectively.
Bank of Greece
The process of re-licensing doValue Greece as servicer has been completed
Today marked the completion of the Bank of Greece's process to relicense DoValue Greece as a credit manager.
ELSTAT
Industrial production increased by 5.8%
May 2024 saw an annual increase in the General Index of Industrial Production of 6.7%.
Ministry of Finance
Modern system for detecting arbitrary building in the Recovery Fund
The Recovery and Resilience Fund has approved the project "Detection of arbitrary buildings with modern technological means," as decided by Nikos Papathanasis, Deputy Minister of National Economy and Finance.
Thodoros Skylakakis
The tender for the interconnection of the Dodecanese will go on in September
Theodoros Skylakakis, the Minister of Environment and Energy, made a series of announcements pertaining to very important matters affecting Rhodes and the Dodecanese in general, the primary one being the electrical connection to the mainland.
Growthfund
The steps for conversion to a sovereign fund
According to Grigoris Dimitriadis, the Fund's managing director, the Growth Fund is undergoing a transition as it is being pushed to become a public investment fund, similar to sizable European sovereign wealth funds.