Lyktos Group, controlled by well-known Greek banking executive Michalis Sallas, has de-invested from non-systemic Pancreta Bank, following this week’s formal transfer of shares – totaling an 11.25-percent stake – from the former to Thrivest Investments.
The development leaves Thrivest, controlled by a trio of major investors, namely, Dimitris Bakos, Giannis Kaimenakis and Alexandros Exarchos, with more than 43 percent of Pancreta Bank’s share capital.
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Creating high level golf tourism infrastructure in Greece can boost the country's competitiveness on the global market.
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages.
Greek Wage Analysis Reveals Gender, Sector, and Education Disparities
It is also interesting to note that leadership roles remained predominantly male at a percentage of 57.3%, primarily in the 36–54 age group
Greek Household Deposits Up for Seventh Consecutive Year
This is attributed to a rise in disposable income for individuals, which in turn is associated with a drop in unemployment and a steady uptick in wages
BoG: Greek Tourism Soars – 33mln+ Foreign Tourists Jan.-Oct. 2024
Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5
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Greece’s real GDP in the first nine months of 2024 increased by 2.3% on a year-on-year basis
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According to PDMA, the country’s total financing needs, year-on-year, are below the 10% of GDP threshold
PDMA: 6-Month Treasury Bill Yield Set at 2.61%
The auction was conducted through the Primary Dealers, with the settlement date scheduled for Friday, Dec. 27, 2024
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