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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.
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.
BUSINESS
BUSINESS
LAMDA DEVELOPMENT
Net profit of €27 million in 2023 - Record EBITDA for shopping centres and marinas
Lamda Development net profit for 2023 was €27 million, compared to a loss of €31 million in the previous financial year.
BUSINESS
BUSINESS
Jumbo
Net Profit of €303million in 2023 - Proposed dividend of €1,00/share
21.8% rise in net profit and €398 million in EBITDA, according to Jumbo Group financial results for 2023.
MARKETS
MARKETS
Athens Stock Exchange
Weak reaction after 4 day losing streak
Mild upward reaction for the Athens Stock Exchange.
ECONOMY
ECONOMY
IMF
Greek public debt expected to reduce to 158.8% of GDP in 2024 - Primary surplus of 2.1%
The International Monetary Fund (IMF) forecasts a 10% reduction in public debt to 158.8% of GDP in its Fiscal Monitor report for Greece for 2024.
BUSINESS
BUSINESS
UniCredit - Alpha Bank
Window for expansion and acquisitions in Romania
UniCredit and Alpha Bank Chiefs Eye Romania Growth After Tie-Up.
MARKETS
MARKETS
Athens Stock Exchange
Attempt to recover after the sell-off
Athens Stock Exchange at 1,365.43 points the General Price Index, up 0.60%.
ECONOMY
ECONOMY
Nikos Papathanasis
4th payment request of €2.3 billion for the loan component of the Recovery and Resilience Fund
Nikos Papathanasis sent today a submission request to the European Commission of the 4th payment request, amounting to €2.3 billion, for the loan component of the Recovery and Resilience Fund.
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