For the January-February 2024 period, state budget net revenues totaled 12.648 billion euros
This reflects a surplus of 112.6 million euros in January 2024 for the tourism balance, compared to a surplus of 54.6 million euros in the same month of 2023
Only Bulgaria is in a worse position
Access to the application is done using Taxis codes, which are then stored, and subsequently, user verification is done either through Face ID or fingerprint, without the need for the user to enter their codes on Taxisnet each time they log in.
Kyriakos Mitsotakis emphasized the opportunities opening up for investments in many sectors of the country as the government, through its business-friendly initiatives, managed to create an environment conducive to investments
Looking ahead, Societe Generale anticipates the European Central Bank to commence interest rate cuts starting in June, with quarterly reductions of 25 basis points (or totaling 75 basis points for the year).
Mathios stresses the need for a bold industrial development policy to achieve a 12% industry contribution to GDP.
As the BoG reveals, from early 2018 until the end of 2023, average housing sales prices at the national level have increased by 60%.
The last time such an intra-day event occurred for so many hours in the Greek stock market was on May 28, 2023.
Regionally, the most significant turnover increases in January 2024 compared to January 2023 occurred in: • Attica Region, with a rise of 10.6%. • Western Greece Region, which experienced a 10.3% increase.
DB attributes the robust performance to multiple factors, including significantly improved profitability and resilience, as well as enhanced market liquidity following the allocation of shares of the Hellenic Financial Stability Fund (HFSF).
The surplus was attributed primarily to improvements in the secondary income balance and, to a lesser extent, the services balance
In March 2021, the historic PITSOS factory, one of Greece's largest industrial units, ceased operations.
Overnight stays by foreigners nudged higher, year-on-year, but arrivals and overnight stays of Greek nationals were lower
The measures are aimed at preventing or mitigating systemic risks stemming from the real estate market in Greece
More significantly, the EIU's VAR model indicates that these improvements are likely to result in a rise in real GDP per capita, investment expenditure, and foreign direct investment (FDI)
Finally, the traveler composition in short-term rentals varies throughout the year, with international visitors dominating in summer and domestic travelers holding a significant share in winter.
At the same time, concern was also sparked by last year's sharp decline in Foreign Direct Investment, with preliminary data from ELSTAT showing a decrease of 40% compared to 2022.
This surge in investment is driven by promising growth prospects fueled by the upcoming Kasteli airport on the eastern side of the island and the development of the northern road axis.
The bond issued by NBG matures in 11.25 years and is callable after 6.25 years.