The Greek Deal.com
GREEK ECONOMY
The stocks that stand out
In a new report, Alpha Finance estimates that after another successful year in 2024 (+13.7%), the market dynamics will remain bullish in 2025, as it has entered a multi-year favourable cycle, supported by several positive factors.
Absorption of the Recovery Fund will reach 64%
The Minister of Economy and Finance, Kostis Hatzidakis, participated yesterday and today in the Eurogroup and ECOFIN meetings in Brussels.
More than 35 million tourists in Greece in the 11 months of 2024
In the period January–November 2024, inbound travel recorded an increase of 9.7% to 35.069 million travellers, compared to 31.969 million travellers in the corresponding period of 2023.
Public debt at €370.865 billion in Q3 2024
The general government debt stood at €370.865 billion in the third quarter of 2024, according to preliminary data published by ELSTAT.
Developments with... US flavour - The next steps
The US company Chevron has expressed interest in becoming active in hydrocarbon exploration in the country.
Tourism revenues exceed €21 billion in the first eleven months
In the first eleven months of 2024, travel receipts exceeded €21 billion, having already broken the 2023 record a month earlier, according to Bank of Greece data.
Total (fiscal) deficit approaching zero in 2024
Greece has achieved a primary surplus of close to 3% of GDP and a total (fiscal) deficit approaching zero in 2024, said Economy Minister Kostis Hatzidakis, speaking yesterday at the founding event of the Synergia think tank in Athens.
Primary surplus of €8.6 billion in 2024 - At €68.8 billion in tax revenues
2024 ended with a primary surplus of €8.6 billion, against a target of €4.6 billion.
Inflation in Greece confirmed at 2.9% in December
Annual inflation in Greece is confirmed at 2.9% in December, according to Eurostat's second estimate.
The priorities for the restoration of the region after Daniel - The new projects of 2025
In €75 million are the works completed in 432 intervention points after the bad weather that hit Thessaly.
Greece 4th in the EU in the absorption of NSRF and 8th in the Recovery Fund
Greece is among the top EU countries in terms of the absorption of Recovery Fund and NSRF resources in 2024, according to the yearly calculation presented today, at a press conference, by the Minister of National Economy and Finance, Kostis Hatzidakis.