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ECONOMY
05/10/23 • 12:53
ECONOMY
05/10/23 • 12:53
EU
European Commissioner for Agriculture Janusz Wojciechowski, accompanied by Rural Development and Food Minister Lefteris Avgenakis, will visit flooded farmlands in the region of Karditsa on Thursday.
MARKETS
05/10/23 • 11:03
MARKETS
05/10/23 • 11:03
Early stocks
Stocks in Athens trade flat early Thursday, with investors remaining cautious. International markets are expected to set the tone.
BUSINESS
05/10/23 • 10:07
BUSINESS
05/10/23 • 10:07
Electricity market
Independent Power Producers’ share in retail market rises to 45.9%, with GEK-Terna’s Heron ranking first with 11.8%, followed by Mytilineos’ Protergia with 7.9% and Elpedison with 6.17%.
BUSINESS
05/10/23 • 09:51
BUSINESS
05/10/23 • 09:51
HFSF
Eurobank is reportedly set to complete the buyback of HFSF’s 1.4% stake at 1.80 euros per share next week. The stake corresponds to some 52 million shares.
MARKETS
04/10/23 • 18:21
MARKETS
04/10/23 • 18:21
Equities
Shares edge marginally higher, led by bank gains which offset severe losses among non-financials. In its trading debut, Optima Bank ends flat in heavy volumes.
ECONOMY
04/10/23 • 17:33
ECONOMY
04/10/23 • 17:33
OECD
Greece has to “improve the legal system’s effectiveness by simplifying administrative processes and communicating benefits of alternative dispute resolution mechanisms.”
ECONOMY
04/10/23 • 14:40
ECONOMY
04/10/23 • 14:40
Interest rates
Greek average interest rate on new loans rises 12 basis points m-o-m in August to 6.33% while the interest rate on new deposits increases to 0.39%.
MARKETS
04/10/23 • 13:44
MARKETS
04/10/23 • 13:44
Equities
A strong rebound from banks at midday reverses broader markets early losses of around 1%. Optima Bank trades 0.7% lower, compared with early losses of over 4%
MARKETS
04/10/23 • 12:52
MARKETS
04/10/23 • 12:52
T-bills
Greece raises 812.5 million euros through the offering of 13-week Treasury-bills which yielded 3.90% higher from 3.72% in the previous similar sale in August.
ECONOMY
04/10/23 • 12:05
ECONOMY
04/10/23 • 12:05
Tax evasion
Calculations based on the VAT gap as measured by the European Commission show that Greece loses 2b euros from tax evasion every year.