Finance

According to the Bank of Greece corporate deposits decreased by 912mln euros, compared to a 3.167bln euros decrease the previous month

The new amendment will stipulate that tourist enterprises will have a one-year grace period to inform the local authorities about the water flow capacity in the streambed.

The shut down of the two paper mills in northern Greece comes a week after a glass plant closed in Athens

Finally, healthcare financing as a percentage of GDP decreased to 8.5% in 2022 from 9.18% in 2021, as per the Health Accounts System report.

MSC Cruises, a subsidiary of international shipping line Mediterranean Shipping Company S.A, will be sailing to Greek ports as of this month, expanding operations in the region year-round

In contrast, the countries that posted the highest hourly labor costs are Luxembourg (53.9 euros), Norway (51.9 euros), Iceland

The drop follows a significant uptick in the ESI in the second half of 2022 (69.5 units) and a slight decline in the first half of 2023 (66.7 units).

BofA projects growth of 1.1% in 2024 and 1.7% in 2025, compared to forecasts for eurozone growth at 0.4%/1.1%, respectively

This projection is based on the understanding that certain factors that hindered growth in the latter part of the preceding year, such as flood-related agricultural losses, abrupt adjustments in housing investments, and postponed public projects, were temporary setbacks.

In terms of financial obligations, those expiring on March 29 must be settled by March 28. Deposits made after March 28 will reflect in records starting from April 2. These alterations extend to payroll as well.

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.