The Greek Deal.com
ECONOMY
ELSTAT
Decreased turnover in wholesale trade in the first quarter
From January to March of 2024, there was a decline in both the wholesale trade turnover and volume indicators.
Bank of Greece
Negative loan flow in April - Deposits increased
According to data released by the Bank of Greece (BoG), loan flows were negative by 815 million euros in April after a positive net flow of 1.513 billion euros in March.
Nikos Papathanasis
€2.2 billion from the new Entrepreneurship Fund for SMEs
The new Entrepreneurship Fund, TEPIX III, was introduced by Deputy Minister of Economy and Finance Nikos Papathanasis at a press conference held today at the offices of the Hellenic Development Bank.
Kostis Hatzidakis
Competition between banks is the aim of the government
The government wants strong banks, but it also wants competition between them Minister of the Economy stressed this today.
Kostis Hatzidakis
Greece makes use of RRF and NSRF to be in the front line of green transition
The “important environmental and green dimension” of the Recovery and Resilience Fund (RRF) was highlighted by the Minister of National Economy and Finance, Kostis Hatzidakis, speaking at the 14th Annual Capital Link Sustainability Forum.
Tourism
AI application for tourists ready - It will inform them about everything they need in Greece
Dimitris Papastergiou declared that the AI application for tourists will be presented the following Monday along with the Tourism Ministry.
George Provopoulos
Former central banker, dies at 74
Former Bank of Greece governor George Provopoulos passed away on Tuesday. He was 74.
REAL ESTATE
Apartment prices up 10.4% in Q1
According to a report released by the bank of Greece on Tuesday, there was an average 10.4% increase in apartment prices during the first quarter of 2024 when compared to the same period in 2023.
digital nomads
Greece's Rankings on Indexes
Greece comes in a very low 35th place out of 108 countries surveyed for "social security," 42nd place for "economic security," and 46th place for "digital and physical infrastructure" with regards to attracting digital nomads.
Kostis Hatzidakis
Framework of actions to encourage private and public savings
Speaking at a Eurobank event on "Savings in Greece," Minister of National Economy and Finance Kostis Hatzidakis outlined the framework of the government's interventions to increase savings, both by individuals and the public sector.
Yiannis Stournaras
Greece lagging behind in Europe in terms of savings
The deficit of savings in relation to investment, reflects the structural weaknesses of the Greek production model and the country's high dependence on external financing, Yannis Stournaras said in a speech at an event organised by Eurobank and the Athens University of Economics and Business.