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ECONOMY
ECONOMY
Car salers
New car registrations rise 21.6% in Sept; New cars sales +32% y-o-y
Statistics office ELSTAT said that 19.008 road motor cars-both new and used from abroad- were put into circulation for the first time in September, while new car sales reached 9,338.
BUSINESS
BUSINESS
Smart Park
Fourlis agrees to buy Smart Park for 93m euros
Fourlis Holdings said that its real estate arm Trade Estates has signed a share purchase agreement to acquire from REDS the retail park Smart Park.
MARKETS
MARKETS
Early stock trade
Shares rise in early trade; Europe is slightly down
Stocks in Athens trade higher early Wednesday, but European markets opened lower after clocking their best one-day performance in nearly a year.
BUSINESS
BUSINESS
Hellenic Cables
Cenergy wins new export cables contract for Polish offshore wind farms
A consortium formed between Hellenic Cables and Jan De Nul Group wins new export cables contract for Polish offshore wind farms.
MARKETS
MARKETS
stocks
Equities close sharply higher in massive turnaround; Banks at helm
Stocks stage a strong comeback on Tuesday, following excessive losses in previous sessions, which triggered an oversold bounce. Europe’s sharp gains added to the positive momentum.
ECONOMY
ECONOMY
Greek economy
IMF sees Greece's economy expanding 2.5% in '23, 2% in '24
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
BUSINESS
Kotsovolos
PPC confirms interest for Kotsovolos acquisition; Submits offer
PPC confirms its interest for the acquisition of electronic goods retailer Kotsovolos, and said it has submitted a bid in the tender sale.
MARKETS
MARKETS
Midday trade
Stocks rally at midday; Pleasant CPI data, Europe trigger oversold bounce
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
ECONOMY
Industry
Industrial output remains in contraction for third straight month in Aug
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
ECONOMY
Inflation
Sept consumer prices decelerate considerably; Food inflation continues
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.
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