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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.
MARKETS
MARKETS
Stock market
Weekly gains 1.2%
For the week, the General Index recorded gains of 1.23%, the FTSE25 closed with an increase of 1.36%, while the banking index strengthened by 2.72%.
BUSINESS
BUSINESS
Ideal Holdings
How will the raised bonds be allocated
The offering price of the Bonds is at par, namely at €1,000 per Bond. The final yield of the Bonds was set at 5.50% and the Bonds’ interest rate at 5.50% per annum.
BUSINESS
BUSINESS
Trastor
Acquisition of office spaces for €20.4 million on Mesogeion Avenue
The total price for the acquisition of the company's stocks equals the Net Asset Value (NAV) of the company at the completion of the transaction and amounted to €20.4 million
BUSINESS
BUSINESS
EIB - HDB
Financing for the green and digital transition of small and medium-sized businesses
This collaboration amounts to 400 million euros and has resulted in the creation of three new programs for small and medium-sized businesses
ECONOMY
ECONOMY
Greek economy
Early repayment of €5.29 billion loans from the first Memorandum
These loans were part of the first program agreed upon in May 2010 and included bilateral loans from Eurozone countries (52.9 billion euros) and the IMF (20.1 billion euros).
BUSINESS
BUSINESS
DEDDIE - EYDAP
Collaboration in the field of smart metering
The goal is the remote collection of metering data from smart water meters that are in close proximity to DEDDIE's smart meters, in selected areas in the Municipality of Penteli and the Municipality of Palaio Faliro
ECONOMY
ECONOMY
Scope Ratings
Upgrades growth forecasts for Greece
Growth is projected to be at 2.2% next year and 2.3% for 2025, according to Scope Ratings - identifying potential risks
BUSINESS
BUSINESS
Standard & Poor's
Upgrades Greek banks with a positive outlook
As S&P explains, Greek banks are ready to capitalize on the country's stable growth prospects.
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