The Greek Deal.com
ECONOMY
RETAIL
Turnover down 6.3% in April
ELSTAT data shows that the retail trade turnover fell by 6.3% in April.
Kostis Hatzidakis
Our key economic policy priorities for the next 12 months
Kostis Hatzidakis gave a presentation on the actions the government took following the elections, including the tax evasion law, the banking system's regulations to increase competition, the out-of-court mechanism for servicers, and the ten privatizations and concessions that contributed 7.1 billion euros to the public coffers.
Thodoros Skylakakis
Possibility of future CO2 storage in Prinos
During the debate of the bill entitled "Ratification of the seventh amendment to the contract for the exploitation of hydrocarbons in the marine area of the Thracian Sea, drawn up between the Greek State and Energean," Environment and Energy Minister Thodoros Skylakakis brought up the possibility of future carbon dioxide storage at Prinos.
Foundation for Economic & Industrial Research
Card transactions at the European average
A recent study by the Foundation for Economic and Industrial Research shows how the pandemic has increased the use of credit and debit cards.
Parliament Budget Office
Why "greed inflation" persists
According to a study conducted by the State Budget Office in Parliament, there is compelling evidence that companies have been able to pass on increases in import costs to prices and significantly increase their profits, particularly during the peak of inflationary pressures.
Bank of Greece
Decline in household deposits, increase for businesses
In May, net financing to the private sector was €66 million, while net financing to businesses was positive by €105 million.
Minister of Maritime Affairs and Insular Policy
Letter to the Competition Commission on ferry prices
Regarding ferry ticket prices and how to handle instances of abusive behavior by ferry companies, the Ministry of Maritime Affairs and Insular Policy is asking the Competition Commission for assistance.
ELSTAT
Surge in construction activity in Greece in March
According to the building permits that have been issued, there were 3,756 building permits issued nationwide in March 2024 for both public and private construction, as reported by ELSTAT on Thursday.
Ministry of Finance
Primary expenditure targets consistent with fiscal policy
Under the new fiscal framework, the European Commission sent Greece net primary expenditure targets that align with the country's fiscal policy planning for the upcoming years.
MANOS MANOUSAKIS
At least 5 new electrical corridors needed for an EU backbone network
During his speech at the ENTSO-E General Assembly in Athens, Manos Manousakis, President and CEO of IPTO, stressed the necessity for Europe's operators to work together on the design of horizontal and vertical electricity transmission corridors at the pan-European level.
Bank of Greece
Forecasts 2.2% growth and 3% inflation for 2024
The Bank of Greece projects that the Greek economy will grow by 2.2% in 2024, a slight revision downward from previous estimates of 2.3%. It then accelerates to 2.5% in 2025 and declines slightly to 2.3% in 2026.