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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
Ideal Holdings
Announcement about Barba Stathis takeover
Ideal Holdings responds to the publications that talk about a possible takeover of Barba Stathis following a letter from the Hellenic Capital Market Commission.
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.
BUSINESS
BUSINESS
DBRS
Upgraded Piraeus Bank to BB
The credit rating of Piraeus Bank has been upgraded to BB from B (high) by DBRS, with stable prospects.
BUSINESS
BUSINESS
Orilina
At €0.95/share the final offering price
The final offering price for the new shares of Orilina after the completion of the public offering, has been set at €0.95 per share.
MARKETS
MARKETS
Stock market
Blue chips and banking stocks in focus
The banking index remained almost unchanged at 1,051.07 points. NBG' s stock gained 1.64% as 2.08 million shares were traded
MARKETS
MARKETS
Stock market
Mild gains with no momentum
General Index is up by 0.41% at 1,275.59 points, with a turnover of 14.16 million euros
BUSINESS
BUSINESS
FILIPPOS NAKAS
Dividend €0.20 per share approved by the General Shareholders Meeting
The General Meeting of Filippos Nakas also approved the increase of the share capital by capitalizing part of the reserves, specifically the sum of €443,800
ECONOMY
ECONOMY
GDP
2.1% increase in the third quarter - Decrease in exports of goods
GDP increased by 2.1% in the third quarter compared to the same quarter of 2022, while there was a marginal increase of 0.02% between the third and second quarters
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