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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.
BUSINESS
BUSINESS
Orbyt Global
Acquired OTESAT-Maritel
Orbyt Global has completed the acquisition of OTESAT-Maritel, a subsidiary of OTE Group, in a landmark move that strengthens its dominance in the maritime telecommunications sector.
MARKETS
MARKETS
Athens Stock Exchange
Sellers took control despite buyers' efforts
The Athens Stock Exchange had a bad day today (7/10), with sellers maintaining control throughout the session, despite the efforts of buyers.
BUSINESS
BUSINESS
ΙΤΑLGAS
€1 billion investments in Greece by 2030
Investments of €1 billion in Greece for the expansion of the gas distribution network are foreseen in Italgas' Strategic Plan for the period 2024-2030, through its subsidiary Enaon.
BUSINESS
BUSINESS
DOULEUTARAS
Partnership with e-commerce platform Skroutz
Douleutaras, the home services platform, announces a partnership with e-commerce platform Skroutz.
ECONOMY
ECONOMY
GOVERNMENT
The Greek State proceeds with the early repayment of €8 billion loans
The Greek government will repay loans from the Support Mechanism totaling around €8 billion in December.
ECONOMY
ECONOMY
Ministry of Finance
Growth of 2.3%, inflation of 2.1% and a primary surplus of 2.5%
The draft state budget for the year 2025 was submitted today for discussion at Parliament's Standing Committee on Economic Affairs.
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