The Greek Deal.com
ECONOMY
Servicers
Extension to Intrum and doValue for the renewal of the operating licence
The deadline for Intrum and doValue's license renewal and subsequent operation in Greece under the updated legal requirements is extended until the end of 2024.
Kostis Hatzidakis
In 2024, the first tender for the construction of housing with the method of social renting
Minister of National Economy and Finance Kostis Hatzidakis announced that the first tender for the construction of houses using the method of social consideration will move forward by the end of the year.
Industrial Production
Producer price index down 1.4% in May
When compared to the corresponding index for May 2023, the General Producer Price Index for Industry showed a 1.4% decline in May 2024.
RETAIL
Turnover down 6.3% in April
ELSTAT data shows that the retail trade turnover fell by 6.3% in April.
Kostis Hatzidakis
Our key economic policy priorities for the next 12 months
Kostis Hatzidakis gave a presentation on the actions the government took following the elections, including the tax evasion law, the banking system's regulations to increase competition, the out-of-court mechanism for servicers, and the ten privatizations and concessions that contributed 7.1 billion euros to the public coffers.
Thodoros Skylakakis
Possibility of future CO2 storage in Prinos
During the debate of the bill entitled "Ratification of the seventh amendment to the contract for the exploitation of hydrocarbons in the marine area of the Thracian Sea, drawn up between the Greek State and Energean," Environment and Energy Minister Thodoros Skylakakis brought up the possibility of future carbon dioxide storage at Prinos.
Foundation for Economic & Industrial Research
Card transactions at the European average
A recent study by the Foundation for Economic and Industrial Research shows how the pandemic has increased the use of credit and debit cards.
Parliament Budget Office
Why "greed inflation" persists
According to a study conducted by the State Budget Office in Parliament, there is compelling evidence that companies have been able to pass on increases in import costs to prices and significantly increase their profits, particularly during the peak of inflationary pressures.
Bank of Greece
Decline in household deposits, increase for businesses
In May, net financing to the private sector was €66 million, while net financing to businesses was positive by €105 million.
Minister of Maritime Affairs and Insular Policy
Letter to the Competition Commission on ferry prices
Regarding ferry ticket prices and how to handle instances of abusive behavior by ferry companies, the Ministry of Maritime Affairs and Insular Policy is asking the Competition Commission for assistance.
ELSTAT
Surge in construction activity in Greece in March
According to the building permits that have been issued, there were 3,756 building permits issued nationwide in March 2024 for both public and private construction, as reported by ELSTAT on Thursday.