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ECONOMY
ECONOMY
EUROSTAT
Greece in the trio of EU and Eurozone countries with the largest debt ratio reduction
Greece is among the trio of eurozone and EU member states with the largest reduction in the debt-to-GDP ratio in the second quarter of 2024, both in relation to the first quarter of the year and on an annual basis according to Eurostat.
BUSINESS
BUSINESS
GEK Terna
Contribution of €4.8 billion to Greece's GDP
The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".
BUSINESS
BUSINESS
TRADE ESTATES
Preliminary agreement with Lamda Development for the Retail Park
Lamda Development and Trade Estate have signed the notarial contract for the sale of the retail park within the commercial hub for a total price of €31 million.
BUSINESS
BUSINESS
JUMBO GROUP
Sales increase by 7% in the 9 months of 2024
Jumbo Group's sales increased by 7% for the 9 months of January - September. In particular, according to the announcement of the listed company, in September there was a 6% increase in sales compared to the same month last year.
MARKETS
MARKETS
Athens Stock Exchange
Fails to make a convincing upward move
The Athens Stock Exchange remains affected by the great uncertainty in the Middle East, with sellers keeping the General Index below 1,450 points.
BUSINESS
BUSINESS
Softone Group
Launches new ESG4ALL platform for enterprises
SOFTONE, a provider of consulting services and solutions for ESG practices, has unveiled its new ESG4ALL web platform.
BUSINESS
BUSINESS
ΝΒG PAY
Successful interconnection of POS with cash registers and ERP accounting systems
NBG Pay, completed the interconnection of its fleet of terminals with cash registers and ERP systems, as part of the direction of the AADE and the Ministry of Finance for the interconnection of tax mechanisms with card acceptance systems.
ECONOMY
ECONOMY
Hellenic Fiscal Council
Budget consistent with fiscal stability objectives
The Hellenic Fiscal Council (HFC) adopts the macroeconomic projections of the preliminary draft state budget 2025, while, as it announced, it finds that the fiscal targets are in full compliance with the new European economic governance framework.
BUSINESS
BUSINESS
PPC
6th in Europe in the sales of bilateral electricity supply contracts from RES
PPC is ranked 6th in Europe in the sales of bilateral electricity supply contracts from RES, according to the Power Barometer 2024 of the Association of European Energy Companies, Eurelectric.
BUSINESS
BUSINESS
METLEN
Issues EUR €500 million five-year bonds
Metlen Energy & Metals is proceeding with the issuance of a €500 million 5-year bond, with BNP PARIBAS, Citigroup, and HSBC giving the relevant mandate.
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