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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.
The DEAL of the DAY
The DEAL of the DAY
Attica Group
Completed the Sale of Africa Morocco Link's stake for €49 million
Attica Group has sold its operations in Morocco for €49 million.
BUSINESS
BUSINESS
Fourlis
Strong earnings of EUR 28.1 million in 2023 - Proposed dividend of EUR 0.12
Fourlis: 10% increase in sales and 21.8% increase in EBITDA in 2023
MARKETS
MARKETS
Athens Stock Exchange
Reaction for a second day with a new bank stocks rally
Αthens Stock Exchange counterattacked with a 2.5% gain over the two-day period
BUSINESS
BUSINESS
PPC
Net profit €485 million - Dividend distribution after 10 years
PPC records €1.5 bn EBITDA on a pro-forma basis reinstating dividend distribution at €0.25/share.
ECONOMY
ECONOMY
National Bank of Greece
GDP grows faster by 1.7% in first quarter of the year from 1.2% in 2023 last quarter
National Bank: Leading indicators point to an acceleration of growth in Greece in the first quarter of 2024.
BUSINESS
BUSINESS
Ministry of Development and Investment
Fines of €790.000 imposed on the three major servicers
Fines of €790.000 to three servicers by the Ministry of Development for violations.
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