Greek Daily News 16/11/2023

ECONOMY

Greece’s state budget recorded a primary surplus of 6.084 billion euros in January-October, up from a 1.746 billion surplus target and a primary deficit of 350 million euros in the corresponding period in 2022, according to the finance ministry.

CAPITAL MARKET

Greece returned to capital markets on Wednesday (Nov. 15) with the reopening of a 10-year bond issue, and raised 200 million euros from the market, Kathimerini reported. The Public Debt Management Authority organized the auction for the 10-year bond issue carrying a fixed interest rate of 4.25% maturing on June 15, 2023.

SHIPPING

The construction of Pier 6 at the port of Thessaloniki, after the re-launch of the tender, is expected to begin in the first half of 2024, Naftemporiki reported.

TOURISM

Tοurism Minister Olga Kefalogianni presented the main actions of the National Recovery and Resilience Plan for tourism development. The minister referred to the projects that have been planned and are being implemented with resources from the Recovery and Resilience Fund, totaling approximately 387 million euros.