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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.
The DEAL of the DAY
The DEAL of the DAY
AVIS GREECE
EBRD supports electrification of fleet in Greece with €108.3 million loan
EBRD lends €108.3 million to Avis Greece to support the introduction of new electric vehicles and Greece’s move towards a low-carbon and climate-resilient economy.
POLITICS
POLITICS
Skylakakis
The cost of developing RES is very expensive
There is no money to do both luxury transition and basic adaptation to climate change according to Minister of Enviroment and Energy Theodoros Skylakakis.
MARKETS
MARKETS
Athens Stock Exchange
Small losses and low turnover in wake of ECB announcements
Small low cost retreat on the Athens Stock Exchange.
ECONOMY
ECONOMY
Tassos Manos
Renewable Energy sources connections have tripled
The more investments are made in the energy networks, the more the cost of energy will decrease, said Tassos Manos CEO of DEDDIE.
BUSINESS
BUSINESS
Vassilis Karamouzis
National Bank plays a leading role in ESG and digital innovation
The role of banks in the green transition is key stressed Vassilis Karamouzis, General Manager of Corporate and Investment Banking, National Bank of Greece.
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