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BUSINESS
BUSINESS
Vardis Vardinoyannis
Shipowner and Motor Oil founder dies age 91
Shipowner Vardis Vardinoyannis, head of the Vardinoyannis Group and one of the most powerful players in the Greek economy, has died at the age of 91.
BUSINESS
BUSINESS
BANK OF CYPRUS
Profit of €401 million in nine months
Bank of Cyprus announced a profit after tax of €401 million, up 15% year-on-year, of which €131 million in Q3 2024, for the first nine months of 2024.
ECONOMY
ECONOMY
ELSTAT
Inflation in Greece to 2.4%
Inflation in Greece fell to 2.4% in October, from 2.9% in September.
The DEAL of the DAY
The DEAL of the DAY
Angelikousis Group
Acquisition of Altera Shuttle Tankers for approximately $2 billion
The Angelikousis Group has recently concluded an important agreement for the expansion of its fleet and activities.
BUSINESS
BUSINESS
Ideal Holdings
Announcement about Barba Stathis takeover
Ideal Holdings responds to the publications that talk about a possible takeover of Barba Stathis following a letter from the Hellenic Capital Market Commission.
POLITICS
POLITICS
Kostis Hatzidakis
Tax cuts in the three-year period 2025-2027 by tackling tax evasion
The Minister of National Economy and Finance, Kostis Hatzidakis, speaking yesterday at the annual Tax Forum organized by the Hellenic American Chamber of Commerce, announced further tax cuts for the following years.
MARKETS
MARKETS
Athens Stock Exchange
Under pressure again
The Athens Stock Exchange remains at its lowest levels of the last quarter, as buyers are unable to "lift" the General Index.
BUSINESS
BUSINESS
Coca Cola HBC
Strong increase in net sales revenue in the third quarter
Coca-Cola HBC AG achieved a strong 13.9% increase in net sales revenue in the third quarter, it said in a statement on Thursday.
MARKETS
MARKETS
Athens Stock Exchange
Sellers at the helm
The sellers have today (22/10) taken control of the Athens Stock Exchange, which is under considerable pressure.
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.
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