The Greek Deal.com
ECONOMY
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).
out-of-court mechanism
75.7% increase in new settlements in September
Both new applications and debt arrangements through the out-of-court debt settlement mechanism recorded a significant increase in September compared to the same month in 2023.
Georgios Stassis
4.3 GW of new clean energy in SE Europe from PPC
PPC Chairman and CEO George Stassis spoke about Europe's energy transition and the need to invest in the development of networks in order to accelerate the achievement of the desired goal at the BloombergNEF Summit in London.
Parliament Budget Office
Growth at 2.3% in 2024
The Parliament Budget Office revised forecast for the Greek economy's annual growth rate for 2024 stands at 2.3%, slightly lower than the previous estimate of 2.5%, as published in the June report.
Independent Authority for Public Revenues
€4.315 billion in new overdue debts in 7 months
The new overdue debts to the tax authorities in the first seven months of 2024 totaled €4.315 billion, an increase of 11.5% over the same period the previous year, when they were recorded at €3.871 billion.
ELSTAT
Trade deficit exceeded €22 billion in 8 months - 7.7% increase
The trade imbalance for the January–August 2024 period was €22.004 billion, up 7.7% in euros from €20.43 billion in the corresponding period of 2023.
BUSINESS
Mission to Bulgaria from key stakeholders
The business mission to Bulgaria, which the Athens Chamber of Commerce and Industry, Enterprise Greece, SEV, and SEVE in Sofia organized over the course of three days from October 2-4, highlighted significant opportunities in key sectors of the Greek economy.
Independent Authority for Public Revenues
End to the inactive 100 and 120 instalment arrangements
The Independent Public Revenue Authority has proceeded to the complete clearing of the landscape, as far as the arrangements for debts to the State are concerned.
GOVERNMENT
The Greek State proceeds with the early repayment of €8 billion loans
The Greek government will repay loans from the Support Mechanism totaling around €8 billion in December.
Ministry of Finance
Growth of 2.3%, inflation of 2.1% and a primary surplus of 2.5%
The draft state budget for the year 2025 was submitted today for discussion at Parliament's Standing Committee on Economic Affairs.
Hellenic Fiscal Council
Budget consistent with fiscal stability objectives
The Hellenic Fiscal Council (HFC) adopts the macroeconomic projections of the preliminary draft state budget 2025, while, as it announced, it finds that the fiscal targets are in full compliance with the new European economic governance framework.