The Greek Deal.com
ECONOMY
Independent Power Transmission Operator
Second phase of the tender for submarine cables for the Dodecanese and NE Aegean interconnections
The second phase of IPTO's international tender for the conclusion of a framework agreement for the 150 kV AC submarine cable projects of the Dodecanese and the islands of the North-Eastern Aegean starts.
Terna Energy
EU Commission greenlights the deal with Masdar
The European Commission has cleared the acquisition of Terna Energy by Masdar under the EU Merger Regulation, paving the way for the completion of the €3.2 billion deal.
Terna Energy
Masdar deal approved by the EU
The European Commission has announced that it has cleared under the EU Merger Regulation the acquisition of sole control of Terna Energy by Masdar of the United Arab Emirates.
FTSE RUSSELL
Upgrades Athens Stock Exchange's ranking - On the threshold for developed markets
The Athens Stock Exchange was placed on the watch list for possible reclassification from advanced emerging market to developed market status by FTSE Russell in yesterday's verdict on the ranking of stock markets.
Hellenic Republic Asset Development Fund
Three bidders for Vasilitsa Ski Resort
The Hellenic Republic Asset Development Fund gave the three bidders the go-ahead to move on to the next phase of the tender for the development of the National Ski Centre of Vasilitsa (NSCC).
out-of-court mechanism
75.7% increase in new settlements in September
Both new applications and debt arrangements through the out-of-court debt settlement mechanism recorded a significant increase in September compared to the same month in 2023.
Georgios Stassis
4.3 GW of new clean energy in SE Europe from PPC
PPC Chairman and CEO George Stassis spoke about Europe's energy transition and the need to invest in the development of networks in order to accelerate the achievement of the desired goal at the BloombergNEF Summit in London.
Parliament Budget Office
Growth at 2.3% in 2024
The Parliament Budget Office revised forecast for the Greek economy's annual growth rate for 2024 stands at 2.3%, slightly lower than the previous estimate of 2.5%, as published in the June report.
Independent Authority for Public Revenues
€4.315 billion in new overdue debts in 7 months
The new overdue debts to the tax authorities in the first seven months of 2024 totaled €4.315 billion, an increase of 11.5% over the same period the previous year, when they were recorded at €3.871 billion.
ELSTAT
Trade deficit exceeded €22 billion in 8 months - 7.7% increase
The trade imbalance for the January–August 2024 period was €22.004 billion, up 7.7% in euros from €20.43 billion in the corresponding period of 2023.
BUSINESS
Mission to Bulgaria from key stakeholders
The business mission to Bulgaria, which the Athens Chamber of Commerce and Industry, Enterprise Greece, SEV, and SEVE in Sofia organized over the course of three days from October 2-4, highlighted significant opportunities in key sectors of the Greek economy.