This transaction marks the latest investment by Macquarie Asset Management in the Greek energy market, following its acquisition of a 49 per cent stake in Hellenic Electricity Distribution Network Operator in 2022.
According to ELSTAT (Hellenic Statistical Authority), this reduction in the production cost of domestic industries can be attributed to a 9% decrease in the domestic market producer price index (with the food industry index increasing by 2.5%).
The planned wind park, which will be located in the sea area off Alexandroupolis, is set to become a permanent installation
The Initiative was due to end on December 31st 2023, but the Ministry of Development has decided to keep it in effect until June 31st, 2024
From February 2022 to January 2023 the cost of milk increased from 1.04 to 1.25 euros per liter plus VAT while more consumers turn to the "household basket" to make their milk purchases
Southern and Southeastern European countries dominate the top positions in the ranking, with Croatia in second place (+13.7%), Greece in third, and North Macedonia (+11.0%) in fifth. The only outlier in this ranking is Colombia, standing fourth in the global index
The contentious tax bill requiring freelancers and other trades to accept payments via POS and online bank transfers aims to combat tax evasion and was passed early December
Catch up on the most important events in Greece from the day before with To Vima English Edition's News Wrap-up
The regular dividend will be between 40 to 50 cents per share
More than 73,500 applications have been submitted in the first four days since the “MyΘέρμανση” platform was launched for electricity heating allowance.
The new plan aims to collect €500 million over a five-year period
The measures have already been published in the government's official Gazette and are applicable from 2024
Commission disburses payments to Germany, Greece, Italy, Portugal, Slovakia and Slovenia under the Recovery and Resilience Facility
The forecast for the housing market in 2024 remains bleak, with no signs of improvement
The programs will be run by Greece's Ministry of Social Cohesion and Family
Eurobank last week announced that its top management have already been relocated to the Bodosakis Building, renamed the “Eurobank Headquarters”, a noted structure in the heart of Athens.
Up from surplus target of 3.771 billion euros, and primary deficit of 1.091 billion euros reported over corresponding period in 2022.
The benchmark German 10-year bond, a reference point for the Eurozone, also saw a decline of 4 basis points to 1.931%, reaching its lowest level since March of the previous year.
Shop owners anticipate that the increased traffic, already recorded since the previous week, will boost their turnover