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MARKETS
MARKETS
Athens Stock Exchange
Continues downward movement for a fifth day
The negative turn internationally is being followed by the Athens market, which continues down for a fifth day and sees technical supports being tested, paving the way for a move much lower.
POLITICS
POLITICS
Kyriakos Mitsotakis
Data4 investment a vote of confidence in Greece
Data4's investment is a vote of confidence in Greek economy, the Prime Minister said, speaking at the groundbreaking ceremony of Data4's data center campus in Peania
ECONOMY
ECONOMY
Bank of Greece
Primary cash surplus of €13.4 billion in 10 months
The cash result of the central administration, on a cash basis, showed a surplus of more than €7 billion in January-October compared to the corresponding period of 2023.
ECONOMY
ECONOMY
EUROSTAT
Inflation in Greece at 3.1% in October
Annual inflation in Greece stood at 3.1% in October last year, according to Eurostat data, unchanged from September. It was down compared to October 2023, when it stood at 3.8%.
ECONOMY
ECONOMY
ELSTAT
Restaurant and accommodation turnover up 9% in September
Turnover in the accommodation sector increased by 6.9% in the third quarter, reaching €6.18 billion, compared to €5.78 billion in the third quarter of 2023.
MARKETS
MARKETS
Athens Stock Exchange
Exploring the potential to break the downward spiral
The Athens market is exploring the potential to break the downward spiral of the last four days, with banks quickly losing the bullish mood they initially showed.
ECONOMY
ECONOMY
Hellenic Republic Asset Development Fund
Three tenders for projects for the General Secretariat of Public Order
The Hellenic Republic Asset Development Fund has launched for consultation three tenders for projects included in the large programme of €650.4 million for the strengthening of the General Secretariat of Public Order.
DEAL MAKER
DEAL MAKER
Spyros Theodoropoulos
Expanding into the real estate sector
Spyros Theodoropoulos, Chairman of Bespoke Holdings and President of SEV, is expanding into the real estate sector by founding Bespoke Real Estate, whose share capital is €15,095,000.
BUSINESS
BUSINESS
Wyndham Hotels & Resorts
Further development in Greece
Wyndham Hotels & Resorts' plans for its further development in Greece were mentioned by senior executives of the company, among others, on the occasion of their upcoming participation as speakers at the R&R 2024 forum.
BUSINESS
BUSINESS
MORGAN STANLEY
More cautious - Lowers the bar for bank stocks
The new Morgan Stanley report on the domestic banking system is a negative surprise. This is because it lowers the target prices of bank stocks, downgrading the recommendation for Piraeus and National Bank.
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