Finance

Catch up on the most important events in Greece from the day before with To Vima's News Wrap-up

Figure still higher than Eurozone average; jobless figure falls to 10.5% in 4Q 2023, according to Hellenic Statistics Authority (EL.STAT)

This is the fourth consecutive time Europe’s central bank has kept the interest rates unchanged after 10 increases in a row between July 2022 and September 2023

Kostis Hatzidakis emphasized the government's dual role in the new era for the banking system: ensuring conditions for a resilient banking system and fostering competition among banks, akin to practices in advanced European nations.

The CEO of the HFSF announced that offers exceeded even their most optimistic estimates

The two companies currently split ownership of Elpedison 50-50, and will start negotiations on the new shareholder structure from next month

Lavrio has been eyed as an alternative cruise ship anchorage vis-a-vis extremely busy Piraeus and as a site for mega-marinas

Masoutis SA will be constructing a Grand Masoutis and two nine-storey apartment buildings in Athens valued at 30 million euros.

Ratings firm considered the strictest of its peers, and the only one that still hasn't restored Greece's sovereign rating to investment grade

This means that the HFSF will raise more than 1.3 billion euros with reports indicating that managers have already received orders exceeding nine billion euros.

Efforts aim to stem tide of foreign farm imports being rebranded as domestic products

Domestic and international passenger traffic witnessed notable increases, surpassing the 2023 levels by 11.8% and 21.5%, respectively.

Despite pressures, such as inflation in Europe and tensions in Ukraine and the Middle East, the Greek tourism sector is set to again exceed expectations

The first Greek company on the list is Ferryscanner, in 83rd place

The price range was set at between 3.7 and 4 euros per share, HFSF added.

In particular, after conducting thorough audits on 72 product codes, the market price watchdog discovered that the company was earning a higher gross profit margin on 50 product codes than what the relevant legislation allows

The growth at Athens International Airport was driven mainly by a 24.0% increase in passenger traffic and dynamic revenue growth from commercial activities due to significant improvements in the aeronautical revenue activities and non-aeronautical revenue activities

The primary agenda of the meeting revolved around exploring Azerbaijan's and its state-owned company, Socar's, capacity to augment gas exports through the TAP pipeline by an additional 10 billion cubic meters

In response to this price surge, the government is taking action by introducing the "Lenten basket" in supermarkets.

With private investors leading the way, more than 250,000 square meters of new logistics buildings are estimated to be delivered by 2024