Looking ahead to the next three years, Euroxx predicts that Greek banks will lead in dividend payouts, with distribution yields exceeding 10%.
At the same time, Greece's GDP index for the second quarter of 2024, based on OECD data, was only 85.07 points, placing the country again at the bottom.
In a briefing with analysts, Helleniq Energy CEO Andreas Shiamishis said the refinery and energy group will finalize the end of its partnership with Edison
Bank of America (BofA) recently increased its target prices for several Greek banks, with the target price for Eurobank raised to €2.84 from €2.76.
The index in September 2024 recorded a decrease of 2.9% compared with August 2024.
This way, insured individuals can quickly determine their coverage period, any debts, and whether they have valid insurance coverage.
Yesterday’s News Wrap-up includes the following: A Greek Transforming Trash into Recycled Art In a world of over-consumption, where the lifespan of everyday items keeps shrinking, a new art form has arrived that offers much-needed beauty, breathes new life into discarded objects, and delivers a powerful message about sustainability and environmental responsibility. The Japanese cherish this […]
However, several countries experienced significant declines, with Greece leading the list down by 16%, followed by Estonia, Latvia, Spain, and Sweden.
The agency explains that fund disbursements through the banking sector will help offset pressures anticipated on interest margins beginning in 2025, due to expected rate cuts by the European Central Bank (ECB).
So far, based on the latest list released by the relevant ministry, the initiative covers 523 products, showing a strong upward tendency.
The total value of the transactions conducted with debit and credit cards in the country in the first half of 2024 rose 2% on the corresponding period of 2023
In terms of the megawatt price and on a regional basis, the average rate in Hungary was 306 euros per MW on Tuesday; Romania and Bulgaria 268 euros and 202.22 euros for Greece
Piraeus Port handles approximately 20 million passengers a year making it one of the busiest ports in Europe.
Leading global financial institutions, including Nomura, BNP Paribas, Bank of America, Citi, Goldman Sachs, and Morgan Stanley, are underwriting the issuance.
The investment bank notes that Greece is showing the strongest GDP growth in the Eurozone. Additionally, efforts to clear up bank balance sheets are anticipated to yield increased capital returns.
Notably, the tax benefits are only accessible once investors have completed either 50% or 65% of their project, ensuring that the investments are well underway and likely to be successful.
The Director said the group had so far put up outstanding numbers regarding passenger traffic and flights, underlining that in 2024 passenger traffic amounted to 27.5 million, marking a 12.9% increase compared to 2023.
An updated list, which is expected to be announced next week, is close to the initial target of 600 items, with the goal being to soon surpass it.
The Greek government wants to decouple the Golden Visa Program from Real Estate investments
On a year-to-year basis, the average inflation in Greece from November 2023 to October 2024 increased by 2.9%, compared to a 4.2% rise during the same period the previous year