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Hellenic Bank posts €189 million after-tax profit in first half of 2024

The bank also made progress in reducing risk, with a non-performing exposure (NPE) ratio of 2.4 per cent, excluding NPEs covered by the APS agreement.

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  News Economy  |  Analysis  |  Retail
Negative inflation in supermarkets in August

The prices of products in supermarkets are recorded to have decreased by an average of 1.08 percent compared to August 2023.

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BoG Approval of the Merger of Attica Bank – Pancreta Bank

The Merger is expected to be completed in early September 2024.

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China Considers Allowing Refinancing on $5.4 Trillion in Mortgages

Authorities are ramping up a push to reduce mortgage costs after the central bank encouraged such support last year and banks responded with a rare rate cut on outstanding mortgages of first homes.

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  News Listed  |  REIC
The fair value of Noval Property’s investment portfolio is €609 million

The Company continues to execute its investment strategy, focusing on enhancing its portfolio with modern, high quality and environmentally sustainable properties.

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PATRIZIA secures additional €200 million for its flagship Smart City Infrastructure Fund

SCIF was one of the first funds in the world to target this emerging asset class.

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  News Deals  |  Hotels  |  Europe
LaSalle acquired London hotel from abrdn for €65.5m

The modern, 291-bedroom hotel is situated on the Minories, at Tower Hill.

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  News Economy  |  Data
July unemployment rates down in 9.9%

The number of employed persons amounted to 4,229,548 persons.

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  News Economy  |  Data
19.6% decrease in the number of building permits in May 2024

The building permits for the Private Building Activity issued in Greece in May 2024 amounted to 2,055.

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  News Deals  |  Listed  |  Retail  |  Greece  |  Europe
Fourlis: Strategic agreement with Foot Locker

The deal aims to further expand its store network and e-commerce in Southeast Europe.