The Greek Deal.com
ECONOMY
P. Marinakis
Greek economy is "very resilient"
"Our country is taking part in the Conference as a global protagonist, as studies place it among the top countries globally in the use of renewable energy sources" Mr. Marinakis said.
Unemployment
In single - digit percentage in October - Falls to 9.6%
According to ELSTAT data, the employed individuals amounted to 4,257,939 people, indicating an increase of 145,353 individuals compared to October 2022
Eurostat
Inflation in Greece falls to 3% in November
In Greece, inflation also experienced a notable slowdown, dropping to 3% from October's 3.8%.
PDMA
Winner of the Best Sovereign Risk Manager of the Year Award
The award was granted for the successful and forward-looking risk management policy implemented by PDMA, primarily aimed at mitigating interest rate risk in an environment of globally rising interest rates
A. Sdoukou
Natural gas export potential will be quadrupled
A. Sdoukou stressed the role of LNG in ensuring the energy supply after the war in Ukraine.
Y. Stournaras
Revises the growth rate to 2.5% for 2024
According to a report by Politico, in an interview with Bank of Greece Governor Yannis Stournaras, he stated that, according to the current estimates of the Bank, the Greek economy is expected to grow at a rate of 2.4%
OECD
GDP growth at 2% for 2024 - Recommendations for reforms
GDP rose by 1.3% over the first two quarters of 2023. Private consumption was supported by expanding employment, which is at its highest level since 2010, and by slowing inflation
European Commission
Endorses positive preliminary assessment of greeces request for €3,64 billion disbursement
The European Commission endorsed a positive preliminary assessment of Greece's third payment request of 3.64 billion euros (1.69 bln in grants and 1.95 bln in loans), under the Recovery & Resilience Facility (RRF).
BoG
Decrease in deposits and new loans in October
Thus, the annual rate of change in the total deposits was set at +2%, down from +2.5% the previous month.
Greece
Is repaying ahead of schedule €5.3 billion in loans to eurozone countries
"On December 15, we will repay earlier than scheduled €5.3 billion to the eurozone countries," said an official who spoke to Reuters on condition of anonymity
Κ. Skrekas
€1 million fine on Jacobs
The fine pertains to the violation of Article 54 of Law 5045/29-07-2023, regarding the phenomena of unfair profiteering.