The Greek Deal.com
ECONOMY
Yannis Stournaras
Two more interest rate cuts reasonable this year
Yannis Stournaras, a member of the ECB Governing Council, believes that two more interest rate cuts this year are appropriate, and recent data on inflation and economic expansion support the need for further ones.
Independent Power Transmission Operator
Great Sea Interconnector under threat
The project will be discontinued if the Cyprus Energy Regulatory Authority's ruling regarding the Great Sea Interconnector—which would connect electricity to Greece—is not overturned, IPTO Chairman and CEO Manos Manousakis stated.
Kostis Hatzidakis
Greece's positions in the debate on the new EU Cohesion Policy
Strengthening competitiveness, managing migration, and addressing demographics are the three axes on which European cohesion policy should focus after 2027, Minister of Economy and Finance Kostis Hatzidakis said at a special event on "NSRF 2014-2020: a strong development footprint for all" organised by the General Secretariat for Public Investment and NSRF.
AADE
8 out of 10 taxpayers do not pay extra tax
The process of automatic finalization of the pre-completed declarations is completed and the relevant statements were issued, as informed by the AADE in a statement.
Ministry of Finance
Stamp Duty abolished on more than 600 transactions
The Ministry of Economy and Finance has taken a legislative initiative with the removal of the stamp duty for more than 600 transactions and the substitution of a digital transaction fee for those that will still be valid.
Ministry of Digital Governance
Agreement with Open Cosmos for 7 Greek Earth observation satellites
Greece plans to purchase seven satellites for earth observation by 2026 as part of the "National Microsatellite Programme."
Nikos Papathanasis
Greece in the top three in the EU for NSRF actions
According to Nikos Papathanasis, Greece completed the NSRF 2014–2020 by completely using the funding, and it is one of the three member states that is fully absorbing the funds of the new NSRF 2021–2027.
Foundation for Economic & Industrial Research
Economic sentiment in Greece weakened marginally in June
The relevant index decreased slightly from 111.0 points in May to 110.6 points in June, reflecting a slight weakening of the economic environment, according to IOBE's economic sentiment surveys.
RANDSTAND
Recruitment trends and challenges in technology sector
As reflected in Randstad's Technology HR Trends survey, 80% of companies consider talent attraction to be the most important challenge when staffing.
Independent Power Transmission Operator
Landmark decision on the Great Sea Interconnector revenue methodology
The IPTO states that Greek regulator's decision on how to determine the regulated revenue of the electricity interconnection project between Greece and Cyprus is an essential step in completing the regulatory framework for the Great Sea Interconnector (GSI) project.
EUROSTAT
Inflation in Greece at 2.4%
Preliminary data from Eurostat shows that in June, Greece's inflation rate stayed at 2.5%. On a monthly basis, it increased by 1%.