The Greek Deal.com
ECONOMY
ELSTAT
Annual increase of 2.9% in business turnover in August
The mining and quarrying industry helped Greek businesses' revenue show a relatively modest increase in August.
CITI
Bullish on all Greek banks
Citi maintained its "buy" ratings on all Greek banks and reinstated its coverage of Eurobank, after previous restrictions.
European Commission
The implementation of the Greek Recovery and Resilience Plan is progressing smoothly
The implementation of the Greek recovery and resilience plan is progressing smoothly, the European Commission says in its annual report, but "increased efforts" are needed for its timely implementation.
Industry
Annual growth 3.1% in August - 6.7% jump in 8 months
The General Index of Industrial Production for August 2024, compared to the corresponding index for August 2023, showed an increase of 3.1% compared to a decrease of 0.2% in the corresponding comparison between 2023 and 2022.
ELSTAT
Inflation fell to 2.9% in September
Inflation stood at 2.9% in September, compared to 3% in August.
ExxonMobil/HELLENiQ ENERGY
The second phase of exploration for hydrocarbons southwest of Crete begins
The consortium in the marine areas of the "Southwest of Crete" field officially proceeded to the second phase of exploration, as announced today by the Hellenic Hydrocarbons and Energy Resources Management Company.
Independent Power Transmission Operator
Second phase of the tender for submarine cables for the Dodecanese and NE Aegean interconnections
The second phase of IPTO's international tender for the conclusion of a framework agreement for the 150 kV AC submarine cable projects of the Dodecanese and the islands of the North-Eastern Aegean starts.
Terna Energy
EU Commission greenlights the deal with Masdar
The European Commission has cleared the acquisition of Terna Energy by Masdar under the EU Merger Regulation, paving the way for the completion of the €3.2 billion deal.
Terna Energy
Masdar deal approved by the EU
The European Commission has announced that it has cleared under the EU Merger Regulation the acquisition of sole control of Terna Energy by Masdar of the United Arab Emirates.
FTSE RUSSELL
Upgrades Athens Stock Exchange's ranking - On the threshold for developed markets
The Athens Stock Exchange was placed on the watch list for possible reclassification from advanced emerging market to developed market status by FTSE Russell in yesterday's verdict on the ranking of stock markets.
Hellenic Republic Asset Development Fund
Three bidders for Vasilitsa Ski Resort
The Hellenic Republic Asset Development Fund gave the three bidders the go-ahead to move on to the next phase of the tender for the development of the National Ski Centre of Vasilitsa (NSCC).