Finance

According to Reuters, negotiators in Rio reached a tentative agreement early Sunday to include voluntary contributions from developing nations in the G20’s climate finance plan

Therefore, there is need for policy interventions in order to boost demand, stabilize the labor market and support industrial production.

As of Jan. 1, 2025, the state will allow the short-term rental availability of only 3 properties in specific Athens districts - a measure that expires at the end of the year

A significant part of this surplus is attributed to the receipt of €3.2 billion in October from the new concession agreement for the Attiki Odos

By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.

Looking ahead to the next three years, Euroxx predicts that Greek banks will lead in dividend payouts, with distribution yields exceeding 10%.

At the same time, Greece's GDP index for the second quarter of 2024, based on OECD data, was only 85.07 points, placing the country again at the bottom.

In a briefing with analysts, Helleniq Energy CEO Andreas Shiamishis said the refinery and energy group will finalize the end of its partnership with Edison

Bank of America (BofA) recently increased its target prices for several Greek banks, with the target price for Eurobank raised to €2.84 from €2.76.

The index in September 2024 recorded a decrease of 2.9% compared with August 2024.

This way, insured individuals can quickly determine their coverage period, any debts, and whether they have valid insurance coverage.

Yesterday’s News Wrap-up includes the following: A Greek Transforming Trash into Recycled Art In a world of over-consumption, where the lifespan of everyday items keeps shrinking, a new art form has arrived that offers much-needed beauty, breathes new life into discarded objects, and delivers a powerful message about sustainability and environmental responsibility. The Japanese cherish this […]

However, several countries experienced significant declines, with Greece leading the list down by 16%, followed by Estonia, Latvia, Spain, and Sweden.

The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).

So far, based on the latest list released by the relevant ministry, the initiative covers 523 products, showing a strong upward tendency.

The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023

In terms of the megawatt price and on a regional basis, the average rate in Hungary was 306 euros per MW on Tuesday; Romania and Bulgaria 268 euros and 202.22 euros for Greece

Piraeus Port handles approximately 20 million passengers a year making it one of the busiest ports in Europe.

Leading global financial institutions, including Nomura, BNP Paribas, Bank of America, Citi, Goldman Sachs, and Morgan Stanley, are underwriting the issuance.

The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.