The Greek Deal.com
ECONOMY
JP MORGAN
Recommendations about Greek bank stocks
The analysts of JP Morgan single out Eurobank's share, as they say it has strong growth prospects.
YIANNIS TSAKIRIS
These are the priorities of the European Investment Bank
A zero-emission economy, agricultural production, defense, and security are among the key strategic priorities that the European Investment Bank has set for Greece, according to European Investment Bank (EIB) Vice-President Yannis Tsakiris.
Hellenic Republic Asset Development Fund
The plans for the Gonos Camp and Filis property
A total of €800 million will be allocated, both from available funds and from private leverage, to the investments for the construction of the two logistics centres at the Gonos camp and Filis, as noted by Panagiotis Stamboulidis, Executive Member of the Board of Directors and Executive Advisor of Hellenic Republic Asset Development Fund.
IMF
Debt falls below 140% in 2029
With primary surpluses at 2.1% of GDP by 2029, Greek debt will fall below 140% of GDP shortly before the end of the decade, the International Monetary Fund predicts in the latest edition of its Fiscal Monitor report.
Public Debt Management Agency
2.71%, the yield at today's auction of 26-week €500 million of bonds
The yield at today's auction of 26-week €500 million of bonds was 2.71% according to ODDIX.
Goldman Sachs
Reduces target prices for Greek banks
Goldman Sachs has adjusted its estimates for the profitability levels and target prices of the shares of the four systemic banks against the backdrop of the new interest rate policy of the ECB.
LOGISTICS
Contribution 11.5% of GDP and valuation at €23.8 billion
Greece ranks 19th in the World Bank's logistics efficiency ranking, with the sector contributing 11.5% to GDP with a value of €23.8 billion and being the most important after tourism, while the development of rail transport and the new map of warehousing facilities are expected to further raise the bar of expectations.
ALLIANZ
Greece is the growth champion in Western Europe
The financial assets of Greek households grew by 7.4% in 2023, the highest growth rate in Western Europe according to Allianze.
IMF
Sees growth of 2.3% this year and 2% in 2025
The Greek economy is projected to grow at a higher rate than the Eurozone, both this year and in 2025, according to an International Monetary Fund report on the outlook for the global economy released today.
Bank of Greece
Risks to financial stability in Greece are mainly exogenous
The risks to financial stability in Greece are mainly exogenous, such as heightened geopolitical risks and the risk of a sharp repricing of assets in international money and capital markets, the Bank of Greece stresses in its Financial Stability Report for the month of October.
Giorgos Pitsilis (AADE)
€830 million in tax revenue from short-term rentals
Giorgos Pitsilis, the governor of the Independent Authority for Public Revenue (AADE), revealed that revenues from short term rentals have more than doubled since 2017.