The Greek Deal.com
ECONOMY
BoG
Deposits decreased, and business loans increased in November 2023
Τhe monthly net flow of total credit was positive by €1,370 million in November 2023, compared with a positive net flow of €349 million in the previous month.
ESEE
Winter sales begin - Stores will be open on Sundays, January 14th and 21st
According to the Association, member stores will be open throughout the country from 11 am to 8 pm.
PDMA
Yield of 3.87% on the issuance of 6m bonds - Oversubscription 1.37 times
During the auction of EUR 375 mln of 26W T-Bills conducted today, the total bids reached EUR 514 million
Budget
Primary surplus of €5.8 billion in 11m period
The primary surplus amounted to €5.826 billion, exceeding the target of €3.771 billion for the primary surplus and a primary deficit of €1.091 billion for the same period in 2022.
PDΜΑ
Greece plans to raise up to €10 billion from debt markets in 2024
Greece plans to repay ahead of schedule more bailout loans and reduce the amount of T-bills in circulation.
Hellenic Competition Commission
Fine of €41,75 million in banks
The banks are obliged to reduce, from January 1, 2024, the amount of the DAF fee per cash withdrawal transaction from ATMs using cards issued by other institutions
Commission
The Greek economy is resilient – Warnings about non-performing loans and debts
The Greek economy proved resilient in the face of external shocks and expanded by 5.6% in 2022.
K. Hatzidakis
Two-month extension of annual road tax for private cars
The Ministry of National Economy and Finance is granting a two-month extension, specifically until February 29th, for the payment of annual road tax for private cars
INSETE
At €24 billion or 11.5% of GDP the direct contribution of tourism
These numbers reflect the resilience and dynamism of tourism, as 2022 marked the exit from the pandemic, despite some restrictions during the first few months, according to INSETE
Heating Allowance
First instalment will be paid tomorrow to 763,307 beneficiaries
The first installment of the heating allowance for the year 2023-2024 will be paid tomorrow, Thursday, December 21, 2023.
BoG
Primary surplus €7.11 billion in the 11m period
During the January-November 2023 period, the cash result of the central administration showed a deficit of 468 million euros, compared to a deficit of 6.808 billion euros in the same period of 2022.