Finance

The Athens Stock Exchange witnessed 5.74% gains at the end of the first month of 2024.

The ongoing protests by farmers in France and Germany have prompted responses from President Emmanuel Macron and Chancellor Olaf Scholz, leading to a series of announcements

€10.6 billion is earmarked in reallocations of funds

According to AlphaBeta Economics, this project is anticipated to facilitate the creation of over 19,400 new job positions by 2030, underlining its significant impact on employment.

The final share price came in at 8.20 euros with 13.56% bought by the Greek public and 86.44% by Institutional Investors

The project began construction in 1986, but never operated, and is valued at around 500 million euros

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

Average yearly costs for power in 2021 calculated at 9,000 euros, jumping to 14,000 euros in 2022 and 17,500 euros in 2023

Price expected to reach the maximum foreseen 8.20 euros per share, for 90 million shares

The figure by the Greek Statistical Authority is 0.2% off the Eurostat’s figures published on Tuesday, which placed the jobless rate for December 2023 at 9.4%

Regarding the 20-acre forested area on the northeastern side of the complex, the plan focuses on creating parks and recreational spaces, worship areas, an amphitheater, and a children's playground

Despite the overall trend, Greece faces persistent challenges with rising food prices, as the food, alcohol and tobacco index totaled 7.1% during the month, on an annual basis, slightly lower than 7.6% in Dec 2023

Similar assessments were made by the new president of the Hellenic Hotel Federation, Yiannis Hatzis, who, forecast that 2024 will be a very good year.

The hydro-pumped storage project is located in Amfilochia and includes 680MW production and 730MW pumping/storage

In 2023, Greece's e-commerce turnover is estimated to surpass 17 billion euros, a 9% increase from 2022. This reflects a continuous upward trend, given that digital purchases were only 6 billion euros in 2018.

Their attacks have prompted major shipping companies to instruct their vessels to avoid the maritime route through the Suez Canal, opting instead to circumnavigate Africa which has resulted in significantly more time-consuming and costly maritime transportation

Minister will be accompanied by a large contingent of business representatives

Greece's Overall PPI in industry decreased 7.1% y-o-y January-December 2023, against a 35% y-o-y increase posted January-December 2022

The analysis said the occupancy levels in Athens’s short-term rentals were steady and revenues per available unit witnessed a 15% increase

Bloomberg noted this was the highest amount ever recorded, as investors rushed to take advantage of high yields before the European Central Bank (ECB) cut interest rates.