![Autohellas signs loan agreement with the National Bank as part of “Greece 2.0”](https://www.ot.gr/wp-content/uploads/2021/04/autohellas.jpg)
Autohellas signs loan agreement with the National Bank as part of “Greece 2.0”
The contract aims to implement the investment plan of Autohellas, with a total budget of €170 million.
The contract aims to implement the investment plan of Autohellas, with a total budget of €170 million.
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The total value of those NPLs corresponding to 14.8 billion euros
Indicative of the great interest was the participation of 135 innovative companies from dynamic sectors such as ESG, ICT / Fintech, technologies in the field of health and tourism
The German bank estimates that GDP growth is set at 4.4% and 3.8% respectively for the two years 2022 and 2023
The strategy and stock options in the era of "Omicron"
Greece's central bank, in its monthly report, said deposits held by the private sector increased by 1.619 billion euros in June 2021, after a 359-million-euro increase in May 2021
The international ratings firm raised Greece to investment grade in early August 2023
They estimate the current potential GDP growth around 3%, supported by robust private sector finances and a stable public sector budget, which helps keep borrowing costs in check
Greeks still lack knowledge about effective climate change solutions scoring below the EU average on an EIB survey of 35 countries.
Prices are expected to continue to grow in 2024, despite the fact that they far outweigh Greeks' increases in income
Small businesses have implemented more conservative wage hikes for lower-paying jobs, contrasting with a notable 10% decline in earnings for higher-paid positions.
The number of inbound travelers to Greece in the Jan.-Apr. period increased compared to 2023 with tourists spending more on trips.
Masdar CEO Mohamed Jameel Al Ramahi refers to Abu Dhabi energy group’s strategic deal, by which 'we reinforce our presence in Greece'
Already in use by employees in banks, large supermarkets, insurance companies, security firms, and public utilities, the Digital Work Card aims to safeguard workers' rights
In the Ionian Islands, construction activity not only saw a 58.2% increase but also experienced a 31.3% rise in the number of building permits and a 50.2% increase in area under construction.
One notable project, called the Great Sea Interconnector, aims to link Greece, Cyprus and Israel via underwater electrical cables
Both foreign and domestic investors are seizing the moment, ushering in a wave of significant deals across various sectors like banking, technology, food, energy, logistics, and hospitality.
Greek banks received ECB approval to resume dividend payments after 16 years and a painful debt crisis.
Greek authorities assured all the visitors in Greece would return safely to their homes
Fitch cited Greece's ratings reflect income per capita levels and governance indicators that are well above the 'BBB' median, as well as policy credibility supported by EU and eurozone membership
Eurozone Inflation Climbs to 2.6%
Proposal equals 0.063 euros per share and is up for approval by a Piraeus Bank general shareholders' assembly to convene in late June
However, despite these advancements, Greece still faces a substantial investment gap compared to its eurozone peers.
The study indicates that while 66% of Greeks find recent real estate price hikes concerning and liken them to a "bubble," over half (56%) still anticipate further increases.
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