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Attica Economic Review: Persistent inflation and rising cost of money major blow to Greek economy
"Delicate" balance between monetary and fiscal policy objectives stands out among challenges
"Delicate" balance between monetary and fiscal policy objectives stands out among challenges
MSCI announced the removal of Terna Energy from Small Cap and its inclusion in Standard, raising Greek shares to 9 in its main index
Another two of the four systemic lenders in Greece reported profits for the first nine months of 2022
The agreement will now be submitted to a relevant bankruptcy court for approval, something that is more-or-less assured
A final decision will be taken next year
The performance is attributed to a strengthening of income from net interest and commissions, as a result of what the bank called a strong credit expansion and a tightening of the ECB’s monetary policy
ELICA of the Copelouzos Group presented the progress in the electrical interconnection project of the two countriesat the European Commission's stand
Sales at 84.3 million euros in 2021 - Investment in a sixth new factory - Exports to 70 countries, from Australia to Zimbabwe
It forecasts GDP growth of 6.4% this year, 2.5% in 2023 and 3.2% in 2024
Bank of Greece Gov. this week again warned against a too austere policy by the European Central Bank
The improving outlook for the Greek economy has attracted the interest of new players
The presentation of the general directions of the National Strategy for Hydrogen will take place next Monday, Wide-ranging discussion with regulators, institutional players and investors on scaling up a global hydrogen economy will take place at COP27 in Sharm El Sheikh on Tuesday.
Fiscal progress and investment grade are the targets
The rise in prices in the eurozone is led by energy with 41.9%, followed by food, alcohol and tobacco with 13.1%, non-energy industrial products with 6% and services with 4.4%.
According to an announcement, the successful share capital increase further boosts the bank’s growth prospects, on the back of a friendly merger with the Cooperative Bank of Chania and the purchase of HSBC’s network in Greece
Ιncreased by 2.25 billion euros in September 2022
A report by the Athens-based systemic bank pointed to increased spending per arrival, estimated at 11 percent higher than in 2019, albeit two-thirds of the increase is attributed to inflation
Ivan Savvidis is on a list of 2,500 individuals, mostly businesspeople and bankers, that the Ukrainian government considers as “Putin’s people”
The new generation of hoteliers sees the benefits that an international brand can offer
The balance of travel services in Greece for August 2022 recorded a surplus of 3.828 billion euros
Mixed "feelings" for 2023. "Yes, but... ", from S&P in this year's last rating
Concern over new non-performing loans, unpaid bills, falling investment and fiscal support with 7.5 billion euros
The bond features a three-year duration with the possibility of revocation within a two-year period – or, in other words, a shorter duration than the average of similar issues.
What the Greek Deputy Minister of Development Nikos Papathanasis said in response
Greece’s investment potential received yet another “bullish” fillip
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