The Greek Deal.com
ECONOMY
Ministry of Finance
80% of the beach auctions completed
According to the new framework recently legislated by the Ministry of Economy and Finance, businesses are registering strong interest—which surpasses initial estimates—in participating in the new electronic auction procedure for the concession of the use of beaches and seashores.
IOBE
Economic climate improved in May
The economic climate improved in May, with the relevant index standing at 111 points from 108.8 points in April, according to the Foundation for Economic & Industrial Research analysis.
Ministry of Tourism
Offers assurances over bankrupt German tour operator
Hours after the German company filed for bankruptcy, on Monday, the Tourism Ministry announced that Greece is doing everything in its power to guarantee the return of foreign tourists who came to the country with tour operator FTI.
S&P GLOBAL PMI
Greek manufacturing improved in May but production lower
The S&P Global PMI report, which was made public on Monday, indicates that the growth rate of the Greek manufacturing sector remained high in May.
RECOVERY FUND - GREECE
Ongoing actions in the primary sector
Through the Recovery Fund, the Greek government is taking up initiatives for companies and group plans operating in the primary sector.
Fitch Ratings
Greek rating unchanged at BBB-
Regarding Greece's credit rating, Fitch affirmed the investment grade BBB rating with a stable outlook.
INFLATION
Inflation in Greece fell significantly to 2.3% in May
May saw a slight increase in inflation in the euro area compared to forecasts, but Greece saw a sharp decline in price pressures.
HRADF
Promotes more than 400 projects worth €3.5 billion
Under the direction of Panagiotis Stamboulidis, the Fund's executive advisor, the Strategic Contracts Unit of the Hellenic Investment Fund (Project Preparation Facility, or PPF) has put out to bid more than 400 projects totaling €3.5 billion.
Minister of State
Presented the new digital platform for the progress of projects
State Minister Akis Skertsos unveiled the erga.gov.gr digital platform, which provides information on the status of projects being undertaken in Greece to all citizens, journalists, local government entities, and civil society.
Kyriakos Mitsotakis
Works for the Patras-Pyrgos road axis on schedule
The prime minister's office, Kyriakos Mitsotakis, visited a construction site in Vrachneika, Achaia, and stated that the work for the new Patras-Pyrgos Road Axis is proceeding quickly and according to plan.
Yiannis Stournaras
The decisive role of investment expenditure
Speaking at the presentation of the findings of the EIB Investment Survey 2023 for Greece, Bank of Greece Governor Yannis Stournaras discussed the financing of investment needs as well as the investment gap.