The Greek Deal.com
ECONOMY
Kostis Hatzidakis
New draft law for the Greek capital market
By the end of the month, Kostis Hatzidakis, the Minister of National Economy and Finance, will present a draft law on the Greek capital market to the Council of Ministers with the intention of making the Greek stock market more appealing.
Spyros Theodoropoulos
Changes needed in Greece's production model
Spyros Theodoropoulos, President of SEV, spoke at the CEO Initiative Forum about the future of entrepreneurship in Greece, the change in the country's production model, and the ways in which SMEs can change their financial profile.
TRADE DEFICIT
Up by 8.5% in the first nine months
In September, the country's trade surpassed €3 billion, with the balance as a whole running a deficit of €25.1 billion in the first nine months of 2024.
Yannis Stournaras
Lessons of debt crisis
Central Banker Yannis Stournaras referred to the lessons of the debt crisis that Europe has faced in his address to the International Conference on "Public Debt: Lessons of the Past, Challenges of the Future.".
LOANS
52.48% increase in debt arrangements in October
In October 2024, both new applications and successful settlements under the out-of-court debt settlement mechanism recorded a significant increase compared to October 2023.
Nikos Papathanasis
New €400 million increase in the Public Investment Programme
The Deputy Minister of Economy and Finance, Nikos Papathanasis, announced a further increase of 400 million euros in the funds of the Public Investment Development Programme during his speech as keynote speaker at the 7th Athens Investment Forum.
ERGOSE
Implementing €1 billion of new projects as a priority
Mr. Christos Palios, the managing director of ERGOSE, spoke about the key railway projects that ERGOSE planned and carried out to increase safety, increase the reliability of the railway, and attract more transport work compared to road transport.
Kostis Hatzidakis
Europe must act faster
Kostis Hatzidakis, the Minister of Economy and Finance, said that Europe needs to move faster during the discussion of the Eurogroup Resolution on the competitiveness of the European economy in Brussels.
FOKION KARAVIAS
Recovery Fund will probably continue
Eurobank CEO Fokion Karavias, speaking at the Athens Investment Forum, said that the Recovery Fund will have some kind of continuity beyond 2026-2027.
GREEK ECONOMY
Management consultants' expectations deteriorated
The expectations of management consultants for the course of the Greek economy in the next 12 months have deteriorated, according to the results of the Association of Management Consultancy Firms' Barometer for the economy.
Independent Power Transmission Operator
Upgrading the interconnections of Kefalonia, Zakynthos and Lefkada
Independent Power Transmission Operator (ADMIE) ensures increased energy reliability in the Ionian Islands with the upgrades of the electrical interconnections between Kefalonia (Zakynthos) and Lefkada (Kefalonia).