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ECONOMY
ECONOMY
OECD
Strong economy and persistent inflation - The recommendations
The OECD forecasts growth of 2.2% in 2025 and 2.5% in 2026 for Greece, expecting that the increase in disposable income will support consumption, while the "tight" labour market and increases in the minimum wage will support wages.
BUSINESS
BUSINESS
Ideal Holdings
Announcement about Barba Stathis takeover
Ideal Holdings responds to the publications that talk about a possible takeover of Barba Stathis following a letter from the Hellenic Capital Market Commission.
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.
ECONOMY
ECONOMY
Public Debt Management Agency
The yield on 3-month treasury T-Bills fell to 3.75%
3.75% yield on the issue of three-month Treasury T-Bills issued by the Hellenic State.
ECONOMY
ECONOMY
Tourism
Accommodation and food service activities provided 6.5% added value in Greece's business economy
Tourism services provided 6.5% of the value added to Greece's economy, according to Eurostat.
MARKETS
MARKETS
Athens Stock Exchange
New banking pressures drive the stock market even lower
Banks add pressure to the General Index
POLITICS
POLITICS
Mitsotakis
Meeting with big pharma: We are placing special emphasis on innovation
Mitsotakis to CEOs of the global pharmaceutical industry: Greece supports innovation
ECONOMY
ECONOMY
Inflation
3.4% for Greece, 2.4% for the euro area in February according to Eurostat
Eurostat data showed that inflation was 3.4% for Greece in February while in the eurozone fell to 2.4%.
BUSINESS
BUSINESS
Pancreta Bank
Profit before tax upwards to €90.8 million in 2023
Pancreta Bank showed strong profitability in 2023 - The next target is the merger with Attica Bank.
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