Economy
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  Economy  |  Greece  |  Data
Unemployment fell to 16% in January

The unemployment rate stood at 16% in January 2021, and fell from 16.4% in January 2020 and 15.6% in December 2020, which was corrected downwards.

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Piraeus Bank headquarters to be relocated in Hellinikon

Lamda Development S.A. announced a pivotal agreement with Piraeus Bank S.A., the first since the transfer of Hellinikon S.A. shares from the Greek state to Lamda Development.

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  News Economy  |  Greece
The first 12 projects of the "Greece 2.0" Plan from the Recovery Fund

The projects have a total budget of € 1.42 billion.

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  News REIC  |  Economy  |  Greece
BriQ Properties increased its portfolio to 29 properties

the Group amounted to € 1.093thousand compared to € 963thousand for the respective last year period, recording an increase of 13,4%.

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  News REIC  |  Economy  |  Greece
Dividend of € 0.352 / share is proposed by the BoD of Prodea

Prodea Real Estate Investment Company Societe Anonyme decided to propose to the Annual General Meeting of the Company's Shareholders the distribution of dividend € 0.352 per share (net) for the fiscal year 2020.

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Prodea acquires the "ILIDA BUSINESS CENTER" office building

Prodea Investments proceeded with the purchase of all the shares of Lamda Ilida Office S.M.S.A., a 100% subsidiary of Lamda Development and owner of the office building "Ilida Business Center" in Maroussi.

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  News Economy  |  Taxation  |  Greece
What will apply to reduced rents in June and July

The regulation that provides for full exemption from the obligation to pay rent for companies operating in the sectors of catering, tourism, culture, sports, transport, gyms and companies affected by restrictive measures, will continue through June, according to the announcement of the Ministry of Finance.

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  News Economy  |  Greece  |  Analysis
Moderate optimism for GDP recovery in 2021

The new bulletin of economic developments, which presents the current situation and prospects of the Greek economy, is published by the Labor Institute of the General Confederation of Greek Workers (INE / GSEE).

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Ripe conditions for increasing mergers and acquisitions

After a year of continuous fluctuations in mergers and acquisitions (M&A), the upward trend in the value of deals recorded since the beginning of the third quarter of 2020 is likely to continue in 2021, as companies prepare to improve their economic performance and redefine their activities and their futurein the post-COVID-19 era.

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China is the EU's main trading partner

China became the European Union's main trading partner for the first time in 2020, surpassing the US, thanks to its rapid economic recovery, which was less affected by the Covid-19 pandemic than its Western counterparts.