Greek daily news

Greek Daily News 19/12/2023

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ECONOMY

-Greek lenders have already decided to extend the freezing of interest rates on housing loans, which was decided last May and expires in the same month next year, Kathimerini reported.

-Tax revenues in the 11 months of 2023 amounted to 56.197 billion euros, up by 605 million euros or 1.1% against the target included in the 2024 budget report, according to the National Economy & Finance Ministry,

SHIPPING

The Hellenic Republic Asset Development Fund (HRADF), a member company of Greece’s National Fund, announced the signing of the share purchase agreement for the acquisition of a 67% stake in the share capital of Heraklion Port Authority (HPA S.A.) between the Fund and the consortium consisting of the companies “Grimaldi Euromed S.p.A.” and “Minoan Lines S.A.”, for a total fee of 80 million euros. Following the transaction, HRADF will retain a 33% stake in Crete’s largest and busiest seaport. Last year Italian shipping company Grimaldi acquired a 67% stake in the Igoumenitsa Port Authority located in Northwestern Greece.