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ECONOMY
10/10/23 • 17:13
ECONOMY
10/10/23 • 17:13
Greek economy
The International Monetary Fund estimates that Greece’s economy will run 2.5% this year and 2% next, revising its previous projections of 2.6% and 1.5% respectively.
BUSINESS
10/10/23 • 16:50
BUSINESS
10/10/23 • 16:50
Kotsovolos
PPC confirms its interest for the acquisition of electronic goods retailer Kotsovolos, and said it has submitted a bid in the tender sale.
MARKETS
10/10/23 • 15:00
MARKETS
10/10/23 • 15:00
Midday trade
Equities rally in midday trade, with banks leading the rise. The recent sell-off triggered an oversold bounce, aided by Europe’s recoveries. Inflation decelerates.
ECONOMY
10/10/23 • 12:30
ECONOMY
10/10/23 • 12:30
Industry
Industrial output remains in contraction for a third consecutive month in August, recording an annual drop of 0.5%, largely due to lower electricity supply.
ECONOMY
10/10/23 • 12:25
ECONOMY
10/10/23 • 12:25
Inflation
EU-harmonised consumer price index stoo at 2.4% down from the annual rise of 3.5% in August, while the drop in the headline CPI index was more pronounced, at +1.6% from 2.7% in the previous month.
MARKETS
10/10/23 • 10:57
MARKETS
10/10/23 • 10:57
Shares
Stocks in Athens stage a strong rebound early Tuesday, after the recent sell-off. Europe’s recoveries lent assistance. Banks are the frontrunners.
BUSINESS
10/10/23 • 10:28
BUSINESS
10/10/23 • 10:28
Hydrocarbons
CEO Andreas Shiamishis says the results of the offshore seismic researches in two blocks off Crete and Ionian Sea are currently evaluated.
ECONOMY
10/10/23 • 08:24
ECONOMY
10/10/23 • 08:24
Fitch-Greece
The agency expects Greece to show continued fiscal consolidation in 2023, with the primary fiscal surplus rising to 1.2% of GDP, supported by strong revenue growth and spending constraint.
POLITICS
10/10/23 • 08:13
POLITICS
10/10/23 • 08:13
Trilateral Summit
Greece has quadrupled the exports of natural gas to its neighbours in the north since 2022, Mitsotakis said after a trilateral summit in Varna, Bulgaria.
MARKETS
09/10/23 • 18:34
MARKETS
09/10/23 • 18:34
Stocks
Shares in Athens sank on Monday, after six consecutive weeks of losses. Investors turned risk averse on elevated geopolitical risk, following clashes in Middle East.