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ECONOMY
ECONOMY
BoG
Demand for housing loans drops in 3Q due to end of “My Home” program
Demand for housing loans decreased in the third quarter because of the termination of the subsidized housing program “My Home.” Also, demand for corporate loans remained unchanged.
ECONOMY
ECONOMY
BoG
Hosts ECB Governing Council meeting Oct 25-26
The Governors of the national central banks of the euro area countries and the six members of the ECB Executive Board will meet in the main building of the Bank of Greece and will take decisions on monetary policy.
BUSINESS
BUSINESS
Grivalia Hospitality
Inaugurates high-end, luxury One & Only resort
Real Estate group Grivalia Hospitality inaugurated the high-end, luxury hospitality project the One & Only Aesthesis, a complex of 128 luxury rooms, suites and villas in Glyfada.
BUSINESS
BUSINESS
Ravago Hellas
To launch new stonewool unit by start 2024
Ravago Hellas is expected to put into operation a new stonewool production unit in Sevasti Pierias by the start of 2024, according to BnB sources.
BUSINESS
BUSINESS
Palaplast
Eyes further expansion abroad via launching new products
Plastic pipes and fittings producer Palaplast sticks to its target for expansion abroad launching new products, sources told BNB Daily.
MARKETS
MARKETS
Stock market
Alpha Bank's rally send bourse higher, Investors assess mega-deal
Alpha Bank’s strong rally has set a positive tone for the sector and the broader market early Tuesday. Europe is mixed.
BUSINESS
BUSINESS
Attica Group
BoD approves merger by absorption of ANEK Lines
The merger by absorption of ANEK will occur at an exchange ratio of one common or preference share of ANEK to 0.1217 new common registered shares of Attica.
BUSINESS
BUSINESS
Amazon
Completes development of solar park in Aetolokarnania
The project is one of a total of thirty-nine new renewable energy projects announced by Amazon in Europe, adding more than 1GW of total clean energy capacity to European grids.
BUSINESS
BUSINESS
Bad loans
Debt servicers manage 89b euros of overdue loans by end Sept
Bad loans transferred to debt services reached 89 billion euros at the end of September, including 69 billion euros in loans which were sold to debt purchasers by banks.
ECONOMY
ECONOMY
Travel balance
Aug travel services surplus rises sharply; Visitors at 22.8m in Jan-Aug
Travel service balance showed a surplus of 4.1 billion euros in August up from a surplus of 3.9 billion euros in the respective month of 2022. Tourist arrivals reach 6.5 million in Aug.
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