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ECONOMY
ECONOMY
OECD
Strong economy and persistent inflation - The recommendations
The OECD forecasts growth of 2.2% in 2025 and 2.5% in 2026 for Greece, expecting that the increase in disposable income will support consumption, while the "tight" labour market and increases in the minimum wage will support wages.
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.
POLITICS
POLITICS
K. Mitsotakis
Postal voting is established for European elections
Mr. Mitsotakis referred to it as a "historic turning point and a bold institutional reform," something that most countries have adopted, and it is time for it to be implemented in our country.
MARKETS
MARKETS
Stock market
Stabilizing trends within the framework of inflation data
The General Index is showing a slight increase of 0.08% at 1,272 points, with turnover at 7.8 million euros
The DEAL of the DAY
The DEAL of the DAY
Eurobank
Strategic partnership with Plum
Eurobank will initially invest €5 million for its share in Plum, with the potential for an additional €5 million over time
DEAL MAKER
DEAL MAKER
secret
Shipyard agreement between Elefsis Shipyards and Attica Group
It’s a matter of weeks for the Letter of Intent (LoI) to be signed by Attica Group and Elefsis Shipyards for the execution of an extensive propulsion system conversion program for coastal vessels, according to sources.
BUSINESS
BUSINESS
Ellinikon Experience Park
Christmas Lighting Event
On Square A of the Park, a spectacular show with projectors will illuminate the sky of Elliniko, under the supervision of the renowned Lighting Designer Tasos Perdikouris.
BUSINESS
BUSINESS
Piraeus Bank
To foreign institutional investors 77% of the €500 million senior preferred bond
The Bond has a maturity of six (6) years and an embedded issuer call option after five (5) years. Settlement will take place on 5 December 2023 and the notes will be listed on the Luxembourg Stock Exchange’s Euro MTF market
MARKETS
MARKETS
Stock Market
Sellers in Alpha Bank, EYDAP, and DEI
The General Index concluded at 1,271.2 points, recording a 0.51% increase, and turnover at 107.2 million euros.
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