Finance

Pricing of the new bonds is expected to be finalized today, March 13, with settlement anticipated on March 20.

Piraeus Financial Holdings S.A. announces that it has agreed to buy 90% of the Greek insurance company from CVC Partners Fund VII for €600mln.

Greece’s appeal is driven by its competitive pricing compared to other luxury markets, such as the French and Italian Rivieras.

The Greek trade deficit amounted to €2.8 billion in January, according to data from the Hellenic Statistical Authority (ELSTAT). Specifically, the total value of imports for January 2025 amounted to €6,906.4 million (€7,129.6 million) compared to €6,598.0 million (€7,173.3 million) in the same month of 2024, marking a 4.7% increase in euro terms. According to […]

The data shows significant price increases in certain sectors, with hotels seeing a rise of 17.5%, air travel prices going up by 10.8%, rent rising by 9.9%, and health insurance premiums climbing by 7%.

Greece's tax authority has compiled a guide addressing the most common questions regarding the transfer tax exemption for first-time home purchases.

The city center remains a key area of interest, with an average asking price of 2,524 euros per square meter, reflecting a 5.21% increase from February 2024.

The trend on all ratings has returned to stable from positive,

The largest share of the workforce was made up of professionals (22.8%) and service and sales workers (22.3%).

The Greek economy grew by 2.3% in 2024, according to initial estimates from the Hellenic Statistical Authority (ELSTAT), with Q4 GDP running at 2.6%. According to the available seasonally adjusted data, Greece’s Gross Domestic Product (GDP) in volume terms increased by 0.9% in the fourth quarter of 2024 compared to the third quarter of the […]

The project is being implemented by TERNA, the construction arm of the GEK TERNA Group

a-EBITDA increases to 604 million euros, up from 537 million euros in 2023

The survey included 502 small business owners and self-employed professionals, highlighting the ongoing struggles of small enterprises in Greece.

The weighted average interest rate for new deposits remained steady at 0.45%.

Wood & Co increases the price target for GEK ΤΕRΝΑ to €27 per share (from €18), implying a 48% upside from the current levels. As the brokerage firm points out, in 2024 GEK TERNA’s profitability profile became more “aggressive”, with the sale of TERNA ENERGY and the Group’s even more dynamic entry into concessions with […]

Emphasis was made that the Alter Ego Media group is “very well-positioned” with regards to the global trends that dominate the media industry and the new consumer habits that target digital/subscription services

The Union of Greek Shipowners urges the full inclusion of shipping in the EU's CID and calls for funding for alternative fuels to ensure the industry's competitiveness.

Under the agreement, PPC will serve as an official sponsor for the Turkish Airlines Euroleague and BKT EuroCup in Greece until 2027.

The government has given fast-track approval to strategic projects in Evia, the Peloponnese, and Western Greece.

Multinational investment bank Citigroup forecasts the rating of Greece will be raised by a notch within the next nine months from the top two credit rating agencies, S&P and Moody’s, which control 80% of the market. This would mean that S&P would assess Greece one level above “investment grade,” while Moody’s—currently the only one of […]