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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.
POLITICS
POLITICS
Kostis Hatzidakis
Tax cuts in the three-year period 2025-2027 by tackling tax evasion
The Minister of National Economy and Finance, Kostis Hatzidakis, speaking yesterday at the annual Tax Forum organized by the Hellenic American Chamber of Commerce, announced further tax cuts for the following years.
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
MILK INDUSTRY KRI KRI
Net profit doubled in 2023 to €32.27 million
The KRI-KRI milk industry announced strong financial figures for 2023, with net profits amounting to €32.27 million, compared to €3.18 million in 2022.
BUSINESS
BUSINESS
Biokarpet
Net profit of €5.58 million in 2023
Biokarpet group has announced EBITDA at €20.04 million in 2023, 163% increase in net operating cash flow for the year 2023.
MARKETS
MARKETS
Athens Stock Exchange
Third day of sell-off - Closed at a two-month low
There was a pure downward session at the Athens Stock Exchange, with the main indices moving permanently with a negative sign.
ECONOMY
ECONOMY
IMF
Growth at 2% in 2024 and 1.9% in 2025 for the Greek economy
The IMF expects the Greek economy to grow at 2% of GDP this year, while it estimates that in 2025 it will be marginally lower, at 1.9% of GDP.
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