USD
JPY
CHF
GBP
ECONOMY
-National Bank of Greece’s (NBG) first-half profits stood at €670 million, up 26% on an annual basis, the lender announced on Thursday (Aug. 1). NBG CEO Pavlos Mylonas, estimated shareholders would receive a dividend of 40% on the 2024 profits.
-The Greek economic sentiment index settled a a 5-month low at 106.8 in July, according to the Foundation for Economic & Industrial Research (IOBE). The drop is primarily attributed to the sectors of Industry, Construction, and Services.
-The majority of employees in the private sector in Greece earn around 1000 euro per month, a large percentage receive monthly income below the 800 euro mark; and only a fraction was compensated with over 2K, To Vima reported citing official data from the Ministry of Labor and the European Union.
-Bank of Greece governor, Yiannis Stournaras in an interview with Platow.de said he sees two more European Central Bank interest rate cuts this year.
SHIPPING
-Large bulk carriers attract the attention of Greek shipowners, as between January and July 2024, a total of 90 oversized bulkers changed hands, Naftemporiki reported.
-The Lavrio Port Authority S.A. introduced its new digital Berth Allocation Platform designed to manage docking spaces for cruise ships, Ro-Ro vessels (ferries), and various cargo ships.
TOURISM
-Cruise companies show interest in new Greek destinations, the Cruise Lines International Association (CLIA) said during a meeting with the Ministry of Maritime Affairs and Insular Policy.
-More than 7 out of 10 Greeks assess positively the impact of tourism according to a new survey by the Eteron Institute, conducted by aboutpeople from July 22-24, 2024, in a sample of 1,002 men and women.
