Greek Daily News 15/02/2024

ECONOMY

-Greece’s economic growth is expected to remain broadly stable at 2.3% in 2024 and 2025, broadly as expected in autumn, the European Commission said in its Winter 2024 Economic Forecast.

-Piraeus Bank’s net profits stood at 786 million euros in 2023. Bank deposits increased by 2% on annual and quarterly basis to reach 59.6 billion euros at the end of December 2023.

-The annual inflation rate in Greece edged lower to 3.1% in January of 2024 from a nine-month high of 3.5% in the previous month, amid a slowdown in prices of food & non-alcoholic beverages (8.3% vs 8.9% in December), ELSTAT data showed.

TOURISM

-Minoan Lines has applied ticket price increases of 2.4% for passengers and vehicles for the Piraeus-Crete route. Similar hikes, of the order of 2.7%, are also being applied by Attica Group, the other major ferry company that connects Piraeus with Crete.

-Greece’s Aegean Airlines concluded the transfer of its entire stake in the Romanian airline Animawings to to its joint venture partner and main commercial contributor for Animawings business, Memento Group.

GENERAL

Farmers will hold a rally in Athens, they decided during the nationwide meeting they held in Nikaia, Larissa on Thursday, while they also decided to proceed to the blockade of customs and ports, AMNA reported.