The Greek Deal.com
ECONOMY
Hellenic Competition Commission
Investigation into cartels in the cereals market
The Ηellenic Competition Commission has announced that it will give priority to the examination and assignment to a competent rapporteur of an ex officio investigation into the markets for the supply, marketing and retail sale of cereals, milk, coffee, jams, beverages and cheese regarding any anti-competitive practices in the cereals sector.
Hellenic Republic Asset Development Fund
14.8% increase in accommodation and restaurant turnover in May
In May, there was a 14.8% increase in the turnover of companies that provide food and accommodation services, as reported by the Hellenic Statistical Authority (ELSTAT).
Hellenic Statistical Authority (ELSTAT)
Greek industry turnover up 4.6% in May
In May, turnover in the Greek industry increased year over year, although it trended lower than it did in April.
Yannis Stournaras
The ECB's monetary policy will remain restrictive
Governor of the Bank of Greece Yannis Stournaras stated on July 10 at the Brussels Hellenic Network, Argo, in honor of the newly elected members of the European Parliament for Greece and Cyprus that monetary policy will continue to be restrictive for a while.
Foundation for Economic & Industrial Research
Growth of 2.1% and inflation at 3%
In respect to the trajectory of the Greek economy, IOBE projects growth of 2.1% and inflation of 3% for the current year.
Independent Authority for Public Revenues
Operation against 287 companies with Chinese interests for tax evasion
The Independent Authority for Public Revenues has disclosed a case of tax evasion involving 287 Chinese-owned retail companies, as a result of anonymous complaints.
Hellenic Republic Asset Development Fund
€10 million funding for four ports from the CEF II Programme for cold ironing infrastructure
The Connecting Europe Facility (CEF) program of the European Commission has awarded €10 million to the Hellenic Republic Asset Development Fund for the development of cold ironing infrastructure and related studies. The Fund oversees four regional ports.
ELSTAT
Arrivals and nights spent in accommodation increased in April
Both arrivals and overnight stays recorded an increase, according to the provisional monthly data on hotel, camping, and collective short-stay accommodation (rooms to let), announced by ELSTAT for the month of April 2024.
Nikos Papathanasis
In 3rd place in the absorption of the new NSRF
Nikos Papathanasis, the Greek Deputy Minister of Economy and Finance, stated that the completion of the €19.35 billion NSRF will be fully absorbed because using European funds is crucial for the Greek economy and society.
EY GREECE
Greece's attractiveness as an investment destination strengthens despite the downturn at European level
Greece's appeal as an investment destination keeps rising, even though foreign direct investment (FDI) in Europe is declining, according to EY.
Bank of Greece
Cash primary surplus at €2.952 billion in the first half of the year
Data from the Bank of Greece shows that the cash primary surplus for the six-month period (January–June 2024) was €2.952 billion.