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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.
DEAL MAKER
DEAL MAKER
secret
Sale of 10% of ELPE within the next 24 hours
Within the week, potential investors are expected to offer a total stake of approximately 10% of Hellenic Petroleum through an accelerated book building process.
MARKETS
MARKETS
Stock market
Advantage for sellers in the banking sector
As investors liquidated part of their gains, the Athens Stock Exchange closed with a slight decline.
BUSINESS
BUSINESS
IDEAL Holdings
Credit Rating AA by ICAP CRIF
IDEAL Holdings announces that the Credit Rating Agency ICAP CRIF S.A. has carried out an assessment of the Company's credit worthiness and has assigned an AA credit rating
BUSINESS
BUSINESS
Pancreta bank
New subsidiary company offering factoring services commences operations in January
The countdown has begun for the operation of the subsidiary company of Pancreta bank, which will specialize in factoring, which is expected to commence its operation in January 2024
POLITICS
POLITICS
K. Mitsotakis
Obligation of social policy towards people with disabilities
The government will continue the bold reforms in its effort to fight for a better life, for everyone, Kyriakos Mitsotakis said during a conference of people with disabilities.
MARKETS
MARKETS
Stock Market
Hovering around 1.275 points
Τhe General Index is at 1,276.52 points, recording a decrease of 0.32%, with a turnover of €53 million.
ECONOMY
ECONOMY
BoG
Deposit and loan interest rates increased in October
In October 2023, the weighted average interest rate on new deposits increased to 0.46%, while the corresponding interest rate on new loans remained almost unchanged at 6.17%.
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