ECONOMY
-Greece on Wednesday successfully completed a 13-week treasury bill auction with bids totaling €1.014 billion, 1.62 times more than the asked sum of €625 million, the Public Debt Management Agency reported. The interest rate of the issue rose to 3.90% from 3.72% in the previous auction of same issue in early August.
-The average asking price for the sale of houses in Attica went up by 13.6% on average, to €2230 euros per square meter, in the third quarter of this year, compared to Q3 of 2022, according to data from the Spitogatos Property Index (SPI) of the leading real estate website in Greece.
-The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) decided on Sept. 28 to declare Thessaloniki Port Authority S.A. (ThPA) owned by Greek-Russian businessmen Ivan Savvidis, as the Preferred Investor for the acquisition of 67% of the shares of “Volos Port Authority S.A.”, the managing company of the Port of Volos, for a price of €51 million, ThPA has announced.
-Some 37 tons of olive oil were stolen from the agricultural cooperative in Polygyros, in Halkidiki, northern Greece, local media reported. The damage worth is estimated to exceed €370,000. The incident took place as the price of the “liquid gold” in the country skyrockets.
CAPITAL MARKET
The Athens Exchange (ATHEX) general index fell 1.38% on Thursday (Oct. 5) after several European central bank officials spoke about the “delayed” effects of monetary policy moves and the unlikeliness of interest rate cuts.