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BUSINESS
BUSINESS
GEK Terna
Contribution of €4.8 billion to Greece's GDP
The substantial contribution of GEK TERNA Group to the national economy and the Greek society was once again highlighted through a study "Socio-Economic Impact Assessment (SEIA) for the period 2022-2023".
BUSINESS
BUSINESS
TRADE ESTATES
Preliminary agreement with Lamda Development for the Retail Park
Lamda Development and Trade Estate have signed the notarial contract for the sale of the retail park within the commercial hub for a total price of €31 million.
ECONOMY
ECONOMY
A. Sdoukou
Natural gas export potential will be quadrupled
A. Sdoukou stressed the role of LNG in ensuring the energy supply after the war in Ukraine.
ECONOMY
ECONOMY
Y. Stournaras
Revises the growth rate to 2.5% for 2024
According to a report by Politico, in an interview with Bank of Greece Governor Yannis Stournaras, he stated that, according to the current estimates of the Bank, the Greek economy is expected to grow at a rate of 2.4%
ECONOMY
ECONOMY
OECD
GDP growth at 2% for 2024 - Recommendations for reforms
GDP rose by 1.3% over the first two quarters of 2023. Private consumption was supported by expanding employment, which is at its highest level since 2010, and by slowing inflation
POLITICS
POLITICS
K. Mitsotakis
Cancellation of meeting will not affect Greek-UK relations long-term
K. Sakellaropoulou said that the Parthenon is a symbol not only of the classical period but is important for the planet, for world cultural heritage, because it is a symbol of Democracy and Philosophy
MARKETS
MARKETS
Stock Market
Upward trend driven by high and mid-cap stocks
The General Index is trading at 1,267.56 points, with an increase of 0.23%, and the turnover is at 15.3 million euros, with 4.1 million units traded.
BUSINESS
BUSINESS
EKTER
New project worth €7.5 million
The contractual remuneration was set at the lump sum amount of €7,551,800.05 (plus VAT 24%), while the total deadline for the completion of the contract was set at twenty-four (24) months from the signing of the contract
DEAL MAKER
DEAL MAKER
Radisson
Reassess investment strategy in Athens
The Radisson Hotel Group is reportedly seeking a buyer for the unit it has developed on Mitropoleos Street
ECONOMY
ECONOMY
European Commission
Endorses positive preliminary assessment of greeces request for €3,64 billion disbursement
The European Commission endorsed a positive preliminary assessment of Greece's third payment request of 3.64 billion euros (1.69 bln in grants and 1.95 bln in loans), under the Recovery & Resilience Facility (RRF).
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