The Greek Deal.com
ECONOMY
Ministry of Finance
€200 million financing from the new EQUIFUND II Equity Fund
The new EquiFund II Participation Fund is funded by €200 million from the NSRF Competitiveness 2021-2027 Programme and national resources.
Kyriakos Mitsotakis
Anti-inflation measures extended for 6 months
Prime Minister Kyriakos Mitsotakis announced on Wednesday morning during his visit to the Ministry of Development that he was extending the measure to combat inflation for an additional six months.
European Commission
Excessive deficit procedure launched for 7 countries - The reference to Greece
The European Commission notes that, like Italy, Greece has imbalances, including excessive imbalances found up until last year.
Nikos Papathanasis
Reforms must go hand in hand with investments
Greece was represented at the General Affairs Council of Ministers responsible for Cohesion Policy on Tuesday, June 18, 2024, in Luxembourg by Deputy Minister of Economy and Finance Nikos Papathanasis.
ELSTAT
Accommodation and food service turnover up by 9% in April
According to data released by the Hellenic Statistical Authority (ELSTAT), the turnover of businesses in the accommodation and catering services sectors increased by 9% on an annual basis in April. Notably, businesses in Attica recorded an impressive 32.5% growth in turnover.
Kostis Hatzidakis
Managers from private sector in public utilities - Liberalisation of salaries at the ELTA
The five changes to the law for the restructuring of the GrowthFund, the modernization of its subsidiaries and the establishment of a new Investment Fund were announced by the Minister of National Economy, Kostis Hatzidakis
Bank of Greece
Central government cash deficit reduced to €537 million
On a cash basis, the budget's main surplus for the five months of January through May was €1.6 billion, down from €2.9 billion during the same period the previous year.
EUROSTAT
Inflation at 2.4% in Greece in May 2024
In May 2024, annual inflation in the euro area increased marginally from 2.4% in April to 2.6% on a monthly basis. The rate was 6.1% a year ago.
Ministry of Finance
Primary surplus of €3.15 billion in the five-month period January-May
During the January–May period, a primary surplus of €3.152 billion was recorded, compared to a target of €802 million and €2.300 billion for the same period in 2023.
Bank of Greece
€70 billion of loans managed by servicers in the first quarter
According to Bank of Greece data, in the first quarter of 2024, the nominal value of domestic private sector loans managed by domestic Loan and Credit Receivables Management Companies (LDCs) and transferred to specialized financial institutions abroad increased by €579 million.
Nikos Papathanasis
Sapfos stream in the Municipalities of Maroussi and Kifissia included in the ESPA
Nikos Papathanasis, the deputy minister of national economy and finance, announced that the Sapphous stream settlement projects will be included in the "Environment and Climate Change" program of the ESPA 2021–2027, with the Region of Attica as a beneficiary.