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ECONOMY
Hellenic Statistical Authority (ELSTAT)
Industrial production up by 10.8% in April
In April 2023, industrial production grew by 10.8% when compared to the same month in 2022; in 2023, it increased by 4.4% when compared to 2022.
Hellenic Statistical Authority (ELSTAT)
Inflation fell to 2.4% in May
Greece's inflationary pressures appeared to be decreasing in May, as indicated by the ELSTAT consumer price index. While food prices continued to rise, they did so much more slowly.
Christos Staikouras
The new bridge at Athens - Corinth as soon as possible
The Minister of Infrastructure and Transport, Christos Staikouras, assured that the Ministry's goal "is to build a new bridge in the coming months, while in the meantime, alternative routes will be sought in order to facilitate the residents of the area."
IRIS
Expected to become a dominant payment instrument in Greece
It is mandatory for professionals and businesses to provide their clients with the option to pay using the instant payment system (IRIS).
Yiannis Stournaras
I have changed my view on cooperative banks
The Cooperative Bank of Karditsa was described as a model of good operation and a sound and sustainable business model by Yannis Stournaras, in his speech at the anniversary event for the 30th anniversary of its foundation.
Athens Stock Exchange
Third consecutive bullish session
With buyers securing a victory despite the volatility overseas, the Athens Stock Exchange concluded its third straight upward session, pushing the General Index near the 1,460-point region.
Christos Staikouras
The National Strategy for Project Modelling Technology approved
The national strategy for the application of building information modeling (BIM) in Greece was approved by Minister of Infrastructure and Transport Christos Staikouras. The goal of BIM is to digitally transform the construction industry.
Giorgos Pitsilis
AADE of the modern era is here
At the 9th International Conference on Taxpayers' Rights, Giorgos Pitsilis, the governor of the Independent Public Revenue Authority, discussed the future direction of the Hellenic Tax Authority, emphasizing modern control, centralized digital management of procedures, and amiable service.
CENTER FOR PLANNING AND ECONOMIC RESEARCH
Uncertainty about the course of the Greek market decreases
According to the KEPE fear index, there were changes within the month but overall, there was less uncertainty in May about the predicted short-term trajectory of the Greek market than at the end of April.
TRADE DEFICIT
Increased to €3 billion in April
In April 2024, the total value of imports was €7,480 million, a 19.8% increase from €6,241.7 million in the same month in 2023.
GREEK ECONOMY
Growth of 2.1% in the first quarter
The Greek economy grew by 2.1% in the first quarter of 2024, exceeding the 2.5% growth target set by the government and the 2.2% growth estimate provided by the Commission.