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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.
ECONOMY
ECONOMY
K. Hatzidakis
Greek economy’s credit rating upgrade by Fitch is an important national success
The upgrade sets the stage for stronger investment inflows, improved financing conditions for the economy, growth and increased employment, said mr. Hatzidakis.
ECONOMY
ECONOMY
Fitch
Upgrades Greece to investment grade
Fitch has put Greece back to investment grade status, upgrading the country's long-term foreign-currency issuer default rating (IDR) to 'BBB-' from 'BB+', with a stable outlook
BUSINESS
BUSINESS
Trade Estates
Completes the acquisition of Smart Park for €95.8 million
The acquisition value of the shares of Gyalou SA, owner and manager of the commercial park Smart Park, amounted to €95.8 million.
MARKETS
MARKETS
Stock market
Reaches 1.280 points awaiting Fitch's assessment
However, during a significant part of the session, the General Index faced downward pressure
BUSINESS
BUSINESS
Dodoni
In Vivartia the entirety of shares
The SI Foods has agreed to sell the remaining shares it held in the equity company SI Foods Holding (SIF), which owns Dodoni, to Vivartia, an investment of CVC Capital Partners.
BUSINESS
BUSINESS
Ev. Mytilineos
Immediate adoption of the Green Pool is urgently needed
Ev. Mytilinaios emphasized the urgent need for the adoption of the "Green Pool" as a solution to the serious problems faced by the European industry.
BUSINESS
BUSINESS
AEGEAN
Supports top athletes of the Paralympic Games
AEGEAN is on the side of athletes, who represent Greece in top-tier sport events and promotes the great efforts for equal opportunities and accessibility made by people with disabilities,
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