ECONOMY
LOGISTICS
Greece ranks 19th in the World Bank's logistics efficiency ranking, with the sector contributing 11.5% to GDP with a value of €23.8 billion and being the most important after tourism, while the development of rail transport and the new map of warehousing facilities are expected to further raise the bar of expectations.
23/10/24 • 08:28
ALLIANZ
The financial assets of Greek households grew by 7.4% in 2023, the highest growth rate in Western Europe according to Allianze.
23/10/24 • 08:28
IMF
The Greek economy is projected to grow at a higher rate than the Eurozone, both this year and in 2025, according to an International Monetary Fund report on the outlook for the global economy released today.
22/10/24 • 16:20
Bank of Greece
The risks to financial stability in Greece are mainly exogenous, such as heightened geopolitical risks and the risk of a sharp repricing of assets in international money and capital markets, the Bank of Greece stresses in its Financial Stability Report for the month of October.
22/10/24 • 15:58
Giorgos Pitsilis (AADE)
Giorgos Pitsilis, the governor of the Independent Authority for Public Revenue (AADE), revealed that revenues from short term rentals have more than doubled since 2017.
22/10/24 • 15:31
EUROSTAT
Greece is among the trio of eurozone and EU member states with the largest reduction in the debt-to-GDP ratio in the second quarter of 2024, both in relation to the first quarter of the year and on an annual basis according to Eurostat.
22/10/24 • 13:15
ELSTAT
At 2.1% of GDP, or €4.658 billion the primary surplus for 2023 was finally reached, higher than the 1.9% initially estimated and much higher than the 1.1% of GDP projected in the 2024 budget.
22/10/24 • 12:29
REAL ESTATE
Senior market participants examined the real estate market trends at the Executive Leaders' Breakfast, which came before the start of the 25th Prodexpo conference, highlighting both opportunities and risks.
22/10/24 • 09:50
Greek Banks
Morgan Stanley maintains its constructive stance on Greek banks, following meetings between the firm's analysts and bank management, government officials and industry players.
22/10/24 • 08:37
DESFA
DESFA signed cooperation agreements with the most important Egyptian gas companies, EGAS and GASCO, on the sidelines of the Mediterranean Offshore Conference (MoC) in Alexandria (October 20-22).
22/10/24 • 08:28
Ministry of Development and Investment
Takis Theodorikakos, the minister of development, outlined the three pillars of the government's industrial strategy in his speech at an event with the theme "Productive transformation, strengthening investment and industry, for growth and new jobs throughout Greece."
22/10/24 • 08:24
In Brief
Bank of Greece
Giorgos Pitsilis (AADE)
EUROSTAT
ELSTAT
REAL ESTATE
Greek Banks
DESFA
Ministry of Development and Investment