Economy
Share Copy Link
  Deals  |  Listed  |  Economy
Alpha Bank inks binding agreement with NEXI for its MA business in Greece

The agreed Enterprise Value (EV) of the Transaction has been set at €307 million for 100% of Alpha Bank’s MA Business.

Share Copy Link
  News Economy  |  Taxation
Greek authorities are preparing changes in ENFIA property tax

The new tax rates are expected to be released in December according to the Ministry's sources.

Share Copy Link
The EU approves Greek primary residence protection scheme

The modifications that were approved are in favour of indebted households.

Share Copy Link
  News Economy  |  Europe
ECB is unlikely to raise interest rates in the 3Q2022

The euro area economy continues to recover strongly, although at a more moderate pace.

Share Copy Link
Within a month the tender process for the Residential Purchasing and Resettlement Agency

Strong investment interest from foreign investment funds.

Share Copy Link
Strong evidence of significant natural gas deposits in Crete

Greece has now a unique opportunity to enhance R&D, according to the Hellenic Hydrocarbon Resources Management.

Share Copy Link
  News Economy  |  Analysis
 Greek banks are gradually reducing NPEs according to BofA

Non performing loans in Greece reach 14,84% of total outstanding loans.

Share Copy Link
 Real estate auctions under the new legal framework

Foreign investors are seeking returns between 15% and 25% within the next three - five years.

Share Copy Link
  News Economy  |  Tourism  |  Analysis
hort term rentals pros and cons

The disadvantage selected most frequently is that short-term rentals cause an increase in nuisance by tourists.

Share Copy Link
13,45% jump in natural gas consumption

Gas imports amounted to 57.73 TWh, recording an increase compared to 53.54 TWh in the first nine months of 2020