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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.
The DEAL of the DAY
The DEAL of the DAY
Attica Group
Completed the Sale of Africa Morocco Link's stake for €49 million
Attica Group has sold its operations in Morocco for €49 million.
ECONOMY
ECONOMY
Bank of Greece
Taxpayers and Greek state gained 3.5 billion from bank recapitalisation
Greek state benefited around 3.5 billion from the recapitalisation of banks according to Bank of Greece Governor Yiannis Stournaras.
MARKETS
MARKETS
Athens Stock Exchange
Reset to 1,400 points with a push from banks
Athens Stock Exchange closed above 1,400 points with banks and PPC leading the way.
BUSINESS
BUSINESS
ElvalHalcor
Nikolaos Psyrakis is the new CFO
ElvalHalcor has announced a change of executives.
DEAL MAKER
DEAL MAKER
Ellaktor
Due diligence on Helektor by Motor Oil
Εllaktor confirms that due diligence proceedings for its subsidiary Helektor are ongoing. It points out, however, that it has not yet received a specific offer.
ECONOMY
ECONOMY
Greek Banks
Total dividends at 840 million euros according to Politico
ECB greenlights dividends for Greek Banks - €840 million according to estimations.
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