The Greek Deal.com
BUSINESS
Eurobank
Memorandum of Understanding with the Indian Chamber for the establishment of a Business Council
Eurobank and the Indian Chamber of Commerce (ICC) signed a Memorandum of Understanding (MoU) yesterday, September 16, 2024, to work towards the establishment of the India-Greece-Cyprus Business Council (IGC).
Greek Banks
What Hercules III brings for the banking system
Kostis Hatzidakis, the Minister of National Economy and Finance, made the announcement regarding the extension of the Hercules program by an additional €1 billion during an inter-ministerial discussion on the details of the TIF measures.
Independent Power Transmission Operator
Everything points out to a deal with Cyprus for the electrical interconnection
Last minute consultations of the Greek and Cypriot sides on the major issue of the electrical interconnection between the two countries, a project for the implementation of which Tel-Aviv has clearly positioned itself in favour of, as it includes the prospect of (co)connecting Israel to the Great Sea Interconnector.
National Bank of Greece
Next steps of placement
The management of the National Bank of Greece is receiving positive signals regarding the investor interest expressed for participation in the upcoming placement.
SKROUTZ
EveryPay acquires an Electronic Money Institution license
EveryPay, the FinTech company of the Skroutz group, has officially obtained an Electronic Money Institution (EMI) license and joins the club of European fintech companies with an EMI license.
Eurobank
Enters the markets with a 6-year green bond
Eurobank will issue a green bond with a maturity of 6 years and a right of call in five years in the near future.
KRI KRI MILK INDUSTRY
Increase in profit and revenue - Improved forecasts
The KRI-KRI milk industry has published its financial statements for the first half of 2024. Turnover amounted to €130.87 million compared to €112.97 million in 2023 (up +15.8%).
Growthfund
Upcoming projects, TIF and the Corinth Canal
The registration and development of the properties of the Hellenic Public Properties Company, the redevelopment of the TIF, and the development project in the Corinth Canal are among Growthfund's priorities, according to Stefanos Theodorides, Chairman of the Board of Directors.
Hellenic Republic Asset Development Fund
Three investment schemes for the Vasilitsa ski resort
The Hellenic Republic Asset Development Fund, announces that three business groups have expressed interest in the tender for the development of the National Ski Centre of Vasilitsa.
ELSTAT
Business turnover increased by 12.7% in July
In July, the turnover of all businesses in Greece with the obligation to keep double-entry books amounted to 37.948 billion euros.
Vodafone Greece
€1 billion investment plan in full swing
The implementation of Vodafone Greece's investment plan for the deployment of modern broadband networks continues at an accelerated pace, aiming at upgrading the connectivity of households and businesses across the country.