ECONOMY
Tourism
Air arrivals in Greece in the period January-August 2024 increased, as 18.9 million international air arrivals were recorded, exceeding the levels of January-August 2023 (17.5 million), showing an increase of 8.0% or 1.4 million arrivals compared to last year.
27/09/24 • 17:28
Yannis Stournaras
The Governor of the Bank of Greece, Yannis Stournaras, warned of challenges to the EU banking system in his speech at the "NPL Meeting 2024 - Step Forward" conference of Banca Ifis held in Lake Como.
27/09/24 • 15:25
ELSTAT
Greek households spent approximately €1,625 per month or €20,223 annually in 2023, which is 5.3% more money than in 2022 (1,600 euros), reflecting the impact of price pressure on Greek households' budgets.
27/09/24 • 12:55
GREAT SEA INTERCONNECTOR
The Greek State will be responsible for 13% of any potential delays or cancellations of the Cyprus-Crete electricity interconnection project that result from external factors beyond the control, responsibility, and fault of the implementing entity and/or its contracted suppliers and contractors (geopolitical risk).
27/09/24 • 08:49
Eurobank
The Greek economy, after the negative disruption of the pandemic, which in national accounts terms was mainly reflected in the 2020 data (real GDP fell by 9.3% annually), is in an expansion phase, according to Eurobank's 7 Days Economy.
26/09/24 • 18:20
Nikos Papathanasis
Greece has been ranked 2nd in the world in the field of best tendering procedures for public-private partnership (PPP) projects according to the World Bank's "Benchmarking Infrastructure Development 2024" report, announced the Deputy Minister of Economy and Finance, Nikos Papathanasis.
26/09/24 • 17:06
ELSTAT
In 2022, the total turnover of enterprises operating in the country in the sectors of industry, construction, trade and services amounted to €415.5 billion, while the production value and gross value added amounted to €271 and €90.9 billion, respectively, based on ELSTAT data.
26/09/24 • 13:22
Bank of Greece
The annual rate of change in total deposits increased to 1.9% from 1.4% in the previous month, according to Bank of Greece data, while private sector deposits in particular increased by €1.4 billion in August 2024, compared with a decline of €607 million in the previous month.
26/09/24 • 11:37
PAPER INDUSTRY
The economic footprint of the paper industry as well as the prospects and the main challenges for its further development are highlighted in the study presented by the Foundation for Economic & Industrial Research (IOBE) for the Association of Paper Industries of Greece.
26/09/24 • 08:26
Ministry of Finance
The state budget showed a strong overperformance of tax revenues, which were up by €1.899 billion or 4.6% against the target, in January-August
25/09/24 • 15:51
Growthfund
The strategy for its transformation as the Sovereign Wealth Fund is being implemented by the Growth Fund, aiming to maximise public wealth by establishing a new specialised subsidiary that will invest in key economic sectors in Greece.
25/09/24 • 12:45
In Brief
GREAT SEA INTERCONNECTOR
Eurobank
Nikos Papathanasis
ELSTAT
Bank of Greece
PAPER INDUSTRY
Ministry of Finance
Growthfund