Finance

The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel

The announcement was made during the "AWS Day powered by Logicom" event, attended by Greece's Minister of Environment and Energy, Theodoros Skylakakis

These results will indicate to what extent the additional revenue can fund new initiatives starting in early 2026, with a probability of new tax cuts being announced by the government.

According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.

In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.

Another key topic of discussion with investors was the upgrade of medium-term guidance for the 2025-2026 period by several banks.

According to the Public Debt Management Agency (PDMA), the reissue aims to meet investor demand

Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.

Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'

The macroeconomic forecasts for 2024 and 2025 are subject to risks, including the potential escalation of geopolitical crises in Ukraine and the Middle East

The Athens Stock Exchange is weighed down by political developments on an international level, as well as by internal dissent among Greece's ruling party New Democracy.

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The ECB interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are 3.25%, 3.40% and 3.65%, respectively, as of October 2024

He succeeds his father, Vardis, who passed away last week at the age of 91

According to Reuters, negotiators in Rio reached a tentative agreement early Sunday to include voluntary contributions from developing nations in the G20’s climate finance plan

Therefore, there is need for policy interventions in order to boost demand, stabilize the labor market and support industrial production.

As of Jan. 1, 2025, the state will allow the short-term rental availability of only 3 properties in specific Athens districts - a measure that expires at the end of the year

A significant part of this surplus is attributed to the receipt of €3.2 billion in October from the new concession agreement for the Attiki Odos

By 2026, the reduction in public debt is expected to bring it close to 140% of GDP.

Looking ahead to the next three years, Euroxx predicts that Greek banks will lead in dividend payouts, with distribution yields exceeding 10%.