Greece's Property Income Surge and Persistent Regional Disparities
Greece saw an 83% rise in property income's share of household income from Q4 2019 to Q3 2024, exceeding the OECD average, while its per capita disposable income grew by 1.3% in Q3 2024 compared to the previous quarter but remained below pre-crisis levels; regional GDP disparities persisted, with At...
Greece's Property Income Surge and Persistent Regional Disparities
Greece saw an 83% rise in property income's share of household income from Q4 2019 to Q3 2024, exceeding the OECD average, while its per capita disposable income grew by 1.3% in Q3 2024 compared to the previous quarter but remained below pre-crisis levels; regional GDP disparities persisted, with At...
Progress
36% Bias Score
Greece Unveils Capital Market and Crypto Bill with Tax Incentives
Greece's Ministry of National Economy and Finance will introduce a capital market and crypto asset bill next week, including tax incentives for angel investors, SMEs, and corporate bond holders, alongside measures for increased market transparency and crypto asset regulation.
Greece Unveils Capital Market and Crypto Bill with Tax Incentives
Greece's Ministry of National Economy and Finance will introduce a capital market and crypto asset bill next week, including tax incentives for angel investors, SMEs, and corporate bond holders, alongside measures for increased market transparency and crypto asset regulation.
Progress
20% Bias Score
Greek Businesses Lag in Investment Despite Optimistic Revenue Outlook
Grant Thornton's annual survey reveals that despite 60% of Greek businesses expecting increased revenue and profits, only 40% plan to increase investments in machinery and 30% in buildings, hindering the country's economic growth and highlighting a need for structural changes to foster investment.
Greek Businesses Lag in Investment Despite Optimistic Revenue Outlook
Grant Thornton's annual survey reveals that despite 60% of Greek businesses expecting increased revenue and profits, only 40% plan to increase investments in machinery and 30% in buildings, hindering the country's economic growth and highlighting a need for structural changes to foster investment.
Progress
36% Bias Score
Masoutis Explores ANEDIK Kritiki Acquisition to Boost Attica Market Share
Masoutis, a Greek supermarket chain, is exploring the acquisition of ANEDIK Kritiki to expand in Attica, following a 44.16% sales increase since its 2019 Promitheftiki acquisition; 2024 turnover is projected to exceed €1.14 billion, with €25 million planned for 2025 investments in new stores and tec...
Masoutis Explores ANEDIK Kritiki Acquisition to Boost Attica Market Share
Masoutis, a Greek supermarket chain, is exploring the acquisition of ANEDIK Kritiki to expand in Attica, following a 44.16% sales increase since its 2019 Promitheftiki acquisition; 2024 turnover is projected to exceed €1.14 billion, with €25 million planned for 2025 investments in new stores and tec...
Progress
40% Bias Score
Greek Household Disposable Income Soars in Q2 and Q3 2024
Greek household disposable income surged 5.1% in Q2 and 7.3% in Q3 2024 compared to 2023, driven by increased wages and property income, while savings turned positive in Q3, albeit marginally, indicating a complex interplay of economic factors and a potential shift in financial patterns; the tourism...
Greek Household Disposable Income Soars in Q2 and Q3 2024
Greek household disposable income surged 5.1% in Q2 and 7.3% in Q3 2024 compared to 2023, driven by increased wages and property income, while savings turned positive in Q3, albeit marginally, indicating a complex interplay of economic factors and a potential shift in financial patterns; the tourism...
Progress
36% Bias Score
Rapanos: Greece Needs Productive Investments, Consensus for Economic Stability
Former Alpha Bank president Vasilis Rapanos argues that Greece needs a program to attract productive investments, emphasizing consensus-building to address persistent economic challenges, including an unchanged productive structure and problematic state function.
Rapanos: Greece Needs Productive Investments, Consensus for Economic Stability
Former Alpha Bank president Vasilis Rapanos argues that Greece needs a program to attract productive investments, emphasizing consensus-building to address persistent economic challenges, including an unchanged productive structure and problematic state function.
Progress
40% Bias Score
CVC Exits Ethniki Asfalistiki, Realizing Near 100% Return
CVC Capital Partners is nearly completely divesting from Ethniki Asfalistiki, selling 70% to Piraeus Bank for €469 million, resulting in a near 100% return on investment due to contractual clauses and the increased valuation of €670 million.
CVC Exits Ethniki Asfalistiki, Realizing Near 100% Return
CVC Capital Partners is nearly completely divesting from Ethniki Asfalistiki, selling 70% to Piraeus Bank for €469 million, resulting in a near 100% return on investment due to contractual clauses and the increased valuation of €670 million.
Progress
40% Bias Score
Alpha Asset Management's 2024 Growth: €6 Billion in Assets Under Management
Alpha Asset Management, a subsidiary of Alpha Bank Group, achieved €6 billion in assets under management in 2024, a 39% increase from 2023, driven by a 65 basis point market share increase and €1.1 billion in net inflows, placing it second in net sales among Greek collective investment managers (exc...
Alpha Asset Management's 2024 Growth: €6 Billion in Assets Under Management
Alpha Asset Management, a subsidiary of Alpha Bank Group, achieved €6 billion in assets under management in 2024, a 39% increase from 2023, driven by a 65 basis point market share increase and €1.1 billion in net inflows, placing it second in net sales among Greek collective investment managers (exc...
Progress
52% Bias Score
Greek Subsidized Loans Drive Up Property Prices
Greece provides subsidized loans for home purchases and energy upgrades, but increased demand is driving up prices, potentially offsetting the benefits of low-interest rates for buyers who overpay.
Greek Subsidized Loans Drive Up Property Prices
Greece provides subsidized loans for home purchases and energy upgrades, but increased demand is driving up prices, potentially offsetting the benefits of low-interest rates for buyers who overpay.
Progress
44% Bias Score
Increased Mortgage Demand Expected in Greece Due to "My Home 2" Program
Greek credit institutions expect a significant increase in mortgage loan demand during Q1 2025 due to the "My Home 2" program; 71,374 applications have already been submitted, half for incomes under €24,000, and half between €24,000 and €36,000.
Increased Mortgage Demand Expected in Greece Due to "My Home 2" Program
Greek credit institutions expect a significant increase in mortgage loan demand during Q1 2025 due to the "My Home 2" program; 71,374 applications have already been submitted, half for incomes under €24,000, and half between €24,000 and €36,000.
Progress
24% Bias Score
Athens Stock Exchange Hits 14-Year High, Fifth Straight Weekly Gain
The Athens Stock Exchange closed at a 14-year high of 1,544.13 points on [Date], marking its fifth consecutive weekly gain fueled by strong bank performance (e.g., Piraeus up 2.43%) and a positive global economic climate influenced by President Trump's statements.
Athens Stock Exchange Hits 14-Year High, Fifth Straight Weekly Gain
The Athens Stock Exchange closed at a 14-year high of 1,544.13 points on [Date], marking its fifth consecutive weekly gain fueled by strong bank performance (e.g., Piraeus up 2.43%) and a positive global economic climate influenced by President Trump's statements.
Progress
40% Bias Score
Greece Exceeds Budgetary Targets, Paving Way for Further Tax Cuts
Greece exceeded its 2024 budgetary targets, achieving a primary surplus near 3% of GDP and a near-zero deficit, leading to planned further tax cuts, especially for the middle class, contingent on EU approval.
Greece Exceeds Budgetary Targets, Paving Way for Further Tax Cuts
Greece exceeded its 2024 budgetary targets, achieving a primary surplus near 3% of GDP and a near-zero deficit, leading to planned further tax cuts, especially for the middle class, contingent on EU approval.
Progress
48% Bias Score