Finance

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.

Notably, the tax benefits are only accessible once investors have completed either 50% or 65% of their project, ensuring that the investments are well underway and likely to be successful.

The Director said the group had so far put up outstanding numbers regarding passenger traffic and flights, underlining that in 2024 passenger traffic amounted to 27.5 million, marking a 12.9% increase compared to 2023.

An updated list, which is expected to be announced next week, is close to the initial target of 600 items, with the goal being to soon surpass it.

The Greek government wants to decouple the Golden Visa Program from Real Estate investments

On a year-to-year basis, the average inflation in Greece from November 2023 to October 2024 increased by 2.9%, compared to a 4.2% rise during the same period the previous year

NBG CEO Pavlos Mylonas: In 3Q24 we delivered a solid set of financial results, with our strong capital position and highly liquid balance sheet remaining key comparative advantages

According to Eurostat, the average adjusted annual salary in Greece stands at €17,000, with Hungary close behind at €16,900. The only country faring worse is Bulgaria, where the figure is €13,500.

Eurobank agreed to acquire 12.848% Hellenic Bank’s shares for approximately 243 million euros, or 4.58 euros per share.

Athens ranks 22 out of 30 European cities in terms of it prospects for real estate investment, according to a report by PwC.

The primary source of concern is the new president’s stated intention to impose general import tariffs of 10% to 20% to boost local employment in the U.S.

American exposed shares like Titan and Cenergy drew renewed investors’ attention as the latter attempted to gauge the shifting landscape following Trump’s electoral win.

The likelihood that Trump will deliver on his promise to "make America great again" through protectionist policies rippled through markets Wednesday morning, boosting the USD.

The new bill will also include enhanced ENFIA discounts for insured properties starting from 2025.

For the year so far, total airport traffic from January to October 2024 has reached 27.57 million passengers, reflecting a year-over-year rise of 12.9%

Despite government efforts to attract foreign investment, only 0.6% of all businesses across Greece are foreign-owned.

It should be noted that taxpayers have the right to dispute the assessment if they believe it is inaccurate.

JP Morgan reiterated its analysis of DTCs, prompted by Piraeus Bank’s plan to accelerate their amortization.

On the sidelines of the meetings, the Greek minister is also expected to engage in discussions with other European officials.

Source of wealth declarations are designed to improve transparency and prevent corruption among Greece's public officials. Yet 98% of Greeks still believe corruption is widespread in the country, according to Eurobarometer.