Finance

Greek Economy: Bankers’ Insights on Investments, Reforms

Three of the four bankers have already announced dividends for 2023's results, the first such distribution of profits after three successive bailouts

ELSTAT: Building Permits Increased by 40.1% in Greece

Focusing on Private Construction Activity during this period, there was a 41.8% increase in building permits nationwide, a 40.2% rise in the area, and a 26.8% expansion in volume

Parliament Majority OKs Attica Bank-Pancreta Bank Merger

Voting in favor were deputies of ruling New Democracy (ND) and the lesser opposition PASOK party.

Filing Deadline For Tax Returns Pushed Back to Early August

The extension was more-or-less expected, as tens of thousands of returns have not been filed, while glitches plagued the online system over the past few days

National Bank Marks Milestone with First Dividend in 16 Years

In his opening address, Chairman Gikas Hardouvelis stressed that the National Bank has turned a new chapter and is now a key player in advancing the domestic banking sector and the Greek economy.

Piraeus Bank Cuts Fees for Businesses

Notably, the bank is slashing fees for the IRIS payments interbank service by 50% for professional use.

Greece to Launch €200m in Funding for Island Water Infrastructure

The call for proposals, expected this autumn, targets Greek islands and will support hybrid systems that address both water scarcity and renewable power generation.

Greek Tax Deadline Approaches, Extension Possible

A new meeting is scheduled for tomorrow morning, just hours before the deadline, to re-evaluate the situation, with the possibility of a brief extension until July 31 remaining.

POSIDONIA EXCLUSIVE