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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
Prodea
Clarifications regarding the acquisition of 55% of Mediterranean Hospitality Venture
A prerequisite for the completion of the transaction is obtaining approval from the Cyprus Commission for the Protection of Competition," the company highlights among other points.
BUSINESS
BUSINESS
OTE
M. Tsamaz is stepping down - K. Nempis new CEO
Michael Tsamaz is OTE’s longest-serving Chairman and CEO, having assumed this position in November 2010.
BUSINESS
BUSINESS
Kotsovolos
Τhe response regarding the fine - Resorting to Justice
Kotsovolos responds to the 2 million euros fine imposed by the Ministry of Development for misleading discounts, emphasizing in its announcement that it will take all available legal measures for protection.
MARKETS
MARKETS
Stock market
Small gains near the 1,300 points zone
Alpha Bank is slightly up by +1.6% at €1.55, while Piraeus Bank sees a modest increase of +0.2% at €3.20.
BUSINESS
BUSINESS
EKTER
Acquisition of 56% stake in Energeiakos Komvos
The total shares of "Energeiakos Komvos" are pledged in favor of Piraeus Bank to secure loans, and according to the valuation report conducted, they will continue to serve as collateral for the bank
ECONOMY
ECONOMY
ELSTAT
Unemployment decreased to 10.8% in the third quarter
According to data from ELSTAT, the number of unemployed individuals decreased to 514,622, representing a -3.5% quarterly change and a -7.4% annual change.
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