The Greek Deal.com
ECONOMY
Costis Hatzidakis
Greece is expanding "Hercules" programme to reduce NPLs
The expanded Hercules programme, following an agreement reached with the European Commission, will have a guarantee offer ceiling of up to 2 billion euros and will last until December 31, 2024.
BoG
Apartment prices increased 11.9% in 9M
In the third quarter of 2023 the year-on-year rate of increase in prices was 11.6% for new apartments (up to 5 years old) and 12.2% for old apartments (over 5 years old).
Nikos Papathanasis
Greece submits request for payment of loans worth €1.85 billion from RRF
Commenting on the payment request, National Economy and Finance Alternate Minister Nikos Papathanasis said it was another proof that the country was fulfiling its goals and is consistent with the landmarks set by the RRF
Greek state
Borrowing programme amounts to €9 billion in 2024
The Greek state raised around 11.250 billion euros from capital markets through auctions and syndicated bond issues in 2023
EU Commission
Gives the green light to the revised “Greece 2.0”
The revised ‘Greece 2.0’ now amounts to 36 billion euros, of which approximately 17.43 billion euros are funds from the Recovery and Resilience Facility
BoG
Travel receipts rose by 14.6% in September
Based on provisional data, the balance of travel services in September 2023 showed a surplus of €3,025.9 million, up from a surplus of €2,666.1 million in September 2022.
Kostis Hatzidakis
Greek economy will "climb" even higher in 2024
He stressed that the government will follow the same path in 2024 as well, combining fiscal stability with development policies and social sensitivity
Υannis Stournaras
Europe's economy needs deeper and wider integration to face new challenges
Addressing the Economist "Seventh Sustainability Summit for SE Europe and the Mediterranean" conference, the central banker noted that Europe should not wait until political conditions in the Eurozone mature before moving forward
BoG
Tourism revenues reached €17.9 billion in 9M
According to the data announced today by the Bank of Greece for the period January-September 2023, the current account deficit decreased to 7.3 billion euros.
VAT rate
Tourism and transportation permanently set at 13%
These provisions are reportedly included in the 2024 budget, which is being submitted to the Parliament tomorrow.
K. Skrekas
The aim is to have clear and substantial offers
Our goal is to put an end to all misleading tactics for the benefit of households and healthy competition.