ECONOMY

Kyriakos Mitsotakis

€ 3.5 billion for the reconstruction of Thessaly after storms "Daniel" and "Elias"

Prime Minister Kyriakos Mitsotakis said that the total cost of reconstruction in Thessaly after the "Daniel" and "Elias" disasters will exceed 3.5 billion euros.

05/06/24 • 08:29

Hellenic Development Bank

Over 3,000 small and medium-sized enterprises have applied for TEPIX III

In just one week, 3,000 requests were made to the 12 participating commercial banks via the Hellenic Development Bank's (HDB) platform for the first phase of the Entrepreneurship Fund (TEPIX III) procedure.

05/06/24 • 08:26

FTI

Assures hotels customers will be covered by insurance fund

Bankrupt German tour operator FTI on Tuesday sought to assure hotels hosting guests who traveled to Greece with the company and became caught up in its insolvency proceedings would be covered.

04/06/24 • 18:26

Ministry of Finance

80% of the beach auctions completed

According to the new framework recently legislated by the Ministry of Economy and Finance, businesses are registering strong interest—which surpasses initial estimates—in participating in the new electronic auction procedure for the concession of the use of beaches and seashores.

04/06/24 • 13:43

IOBE

Economic climate improved in May

The economic climate improved in May, with the relevant index standing at 111 points from 108.8 points in April, according to the Foundation for Economic & Industrial Research analysis.

04/06/24 • 13:07

Ministry of Tourism

Offers assurances over bankrupt German tour operator

Hours after the German company filed for bankruptcy, on Monday, the Tourism Ministry announced that Greece is doing everything in its power to guarantee the return of foreign tourists who came to the country with tour operator FTI.

04/06/24 • 08:29

S&P GLOBAL PMI

Greek manufacturing improved in May but production lower

The S&P Global PMI report, which was made public on Monday, indicates that the growth rate of the Greek manufacturing sector remained high in May.

03/06/24 • 12:22

RECOVERY FUND - GREECE

Ongoing actions in the primary sector

Through the Recovery Fund, the Greek government is taking up initiatives for companies and group plans operating in the primary sector.

03/06/24 • 08:52

Fitch Ratings

Greek rating unchanged at BBB-

Regarding Greece's credit rating, Fitch affirmed the investment grade BBB rating with a stable outlook.

01/06/24 • 12:58

INFLATION

Inflation in Greece fell significantly to 2.3% in May

May saw a slight increase in inflation in the euro area compared to forecasts, but Greece saw a sharp decline in price pressures.

31/05/24 • 14:03

HRADF

Promotes more than 400 projects worth €3.5 billion

Under the direction of Panagiotis Stamboulidis, the Fund's executive advisor, the Strategic Contracts Unit of the Hellenic Investment Fund (Project Preparation Facility, or PPF) has put out to bid more than 400 projects totaling €3.5 billion.

31/05/24 • 11:59

In Brief