Greek Daily News 10/04/2024

ECONOMY

-According to Greece’s Independent Authority for Public Revenue (AADE) statistics, 7,159,164 taxpayers have at least one property, with their total value exceeding 770 million euros.

-The sustainability of Greece’s public debt is guaranteed at least until 2030, according to the Bank of Greece (BoG).

-Divestment from banks earns Greece 3.5 bln euros, the Bank of Greece (BoG) governor, Yannis Stournaras, said in his speech at a meeting of the competent committees of the Parliament on the disinvestment of the Hellenic Financial Stability Fund (HFSF) from the banks.

-The European Commission approved an investment of more than 10 million euros from the Cohesion Fund for the renovation of 14 trains used on Athens metro system’s line 1.

-Over 35 welfare facilities and services will operate in 12 municipalities of the wider Thessaloniki area by the end of 2025, as their financing from European funds has been ensured by the region of Central Macedonia.

CONSTRUCTION

-The Council of State, Greece’s top court, ruled on Tuesday that all construction works on Thessaloniki’s highway Flyover are to be suspended, following residents’ legal appeals.

-The reconstruction of the Thessaloniki International Fair (TIF) is expected to start in the next few days, Naftemporiki reported citing the president of TIF-Helexpo SA, Tasos Tzikas.

-As part of efforts to ensure free access to Greece’s public beaches and to rein in illegal constructions and operations on coastlines, the Greek Finance Ministry has set fines reaching up to 60,000 euros for violations, OT reported.

SHIPPING

The European shipbuilding industry is preparing investments of up to 10 billion euros in order to meet the ambitious goal to supply shipping markets with 10,000 ships by 2035 and return to the construction of large commercial ships by 2050, Naftemporiki reported citing Sea Europe, the Union that represents 100% of the industry in 16 countries, including Greece.

GENERAL

The Confederation of Civil Servants (ADEDY) announced on Tuesday a 24-hour strike on May 21 over unmet labor demands.