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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
Barclays
New higher price target for OTE
Barclays raises the target for OTE to 19 euros from 18 euros
MARKETS
MARKETS
Stock market
Borderline losses, pending announcements on the Eurozone's macroeconomic conditions
The banking index records losses of 1.23%, with the largest losses recorded by Eurobank
BUSINESS
BUSINESS
Jumbo
Sales increased 15% for 11m period
The JUMBO Group announced an increase in sales of +15% for the 11-month period of the year
The DEAL of the DAY
The DEAL of the DAY
Energean
Expands into Morocco with the development of natural gas fields
Energean has announced the acquisition and management of hydrocarbon offshore fields in Morocco
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.
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