The Greek Deal.com
ECONOMY
Airports
Passenger traffic increased by 11.4% in the first half of the year
All 39 airports in the nation that operate commercial flights saw an increase in passenger traffic in the first half of 2024 of 11.4% over the same period the previous year (24 CAA, 14 FRAPORT GREECE, and AIA).
Independent Power Transmission Operator
Tender €42 million for the interconnection between Igoumenitsa and Corfu
To improve the island's electrical infrastructure, Independent Power Transmission Operator is holding a tender for the construction of the new Igoumenitsa-Corfu High Voltage Transmission Line, which consists of a mixed subterranean and underground cable line along with related works.
EUROSTAT
Inflation in Greece at 2.5% in June
In June, Eurostat updated its estimate of Greece's annual inflation from 2.4% to 2.5 percent.
UBS
Vote of confidence in Greek banks
Greek banks are being covered by Swiss bank UBS, which has initiated a "buy" recommendation on them. According to analysts, Greek banks are recovering quickly from a crisis that lasted more than ten years and can profit from the expansion of the Greek economy by lending to Greek businesses.
ECOFIN
Greece reaches 50% absorption of the Recovery Fund
Kostis Hatzidakis attended today's ECOFIN, which approved executive decisions regarding changes to the Recovery Fund of Greece, Finland, Germany, Poland, and Cyprus.
Bank of Greece
Supports the merger of Attica Bank - Pancreta Bank
At today's Attica Bank General Meeting, Christina Papakonstantinou, the Deputy Governor of the Bank of Greece, emphasized that the Bank of Greece supports the merger of Attica Bank and Pancreta.
Bank of Greece
Criteria and loan conditions remain stable in the second quarter
While the general requirements for granting business loans were somewhat loosened in Q2 2024, the standards for lending to non-financial corporations (NFCs) stayed the same.
Foundation for Economic & Industrial Research
Lower economic sentiment due to industry and retail trade
While consumer confidence has slightly improved, the IOBE's Industrial Developments Bulletin indicates a weakening of the economic environment as a result of the decline in industry and retail trade.
ELSTAT
Greek business turnover up 1.5% in May
The Hellenic Statistical Authority (ELSTAT) reported that, in May of this year, there was a minor increase of 1.5% over the previous year in the turnover of businesses across all economic sectors, taking into account the most recent data on turnover from administrative sources.
Nikos Papathanasis
The digitisation of the National Transparency Authority to the Development Fund
By decree of Nikos Papathanasis, Deputy Minister of Economy and Finance, the project "Development of an Integrated Information System of the National Transparency Authority" is part of the Recovery and Resilience Fund.
AADE
These are the new tax services in Attica
The AADE claims that the restructuring of the tax administration is complete with the opening of the Thessaloniki KEFOK, the operation of additional Tax Service Offices in Attica, and the integration of the duties of additional tax offices into the Attica KEFODE.