The Greek Deal.com
ECONOMY
K. Skrekas
Debut of the Christmas Basket on December 13t
The "Christmas Basket" is an extension of the "Household Basket" that is already in effect, as 6 new food categories are added for the Christmas table
Ecofin
New deadlock for the Stability and Growth Pact - Possible extraordinary Council between 18 and 21/12
Without reaching an agreement on the new Stability Pact, today's Ecofin meeting in Brussels concluded
ELSTAT
3% inflation in November - Food prices up by 9%
In November, the annual inflation slowed to 3% from 3.4% in October, with the rally in food prices continuing for another month
GDP
2.1% increase in the third quarter - Decrease in exports of goods
GDP increased by 2.1% in the third quarter compared to the same quarter of 2022, while there was a marginal increase of 0.02% between the third and second quarters
Youth Pass
Applications reach 130.000 - Extension of the deadline until December 12th
The deadline for applications' submission for the Youth Pass, a financial support program for 18 and 19-year-olds, is extended until Tuesday, December 12th
K. SKREKAS
Fines of €670,000 imposed on two debt collection companies
Heavy fines totaling €670.000 were imposed on two debt collection companies by the Ministry of Development.
K. Hatzidakis
Six challenges for the Greek economy in 2024
The Greek economy's six challenges for 2024 were highlighted by the Fin Minister Kostis Hatzidakis
BoG
Deposit and loan interest rates increased in October
In October 2023, the weighted average interest rate on new deposits increased to 0.46%, while the corresponding interest rate on new loans remained almost unchanged at 6.17%.
IOBE
Slight decline in economic climate in November
Τhe Economic Senriment index declined in November and stood at 106.2 units, down from 106.6 units in October
Christmas Basket
Premiere on December 13th
A "Christmas Basket" in supermarkets designed to give consumers access to more affordable seasonal goods for the holidays is scheduled to be launched on December 13
K. Hatzidakis
Greek economy’s credit rating upgrade by Fitch is an important national success
The upgrade sets the stage for stronger investment inflows, improved financing conditions for the economy, growth and increased employment, said mr. Hatzidakis.