Greek daily news

Greek Daily News 25/10/2023

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ECONOMY

-The VAT gap in Greece fell a further 3.2 percentage points in 2021 but still accounts for over €3 billion in lost revenue to the state, according to a European Commission report.

-The Governing Council of the European Central Bank is holding its meeting on Wednesday (Oct. 25) and Thursday (Oct. 26) at the Bank of Greece, for the first time since 2008.

-A tin can of olive oil will be sold for more than 170 euros, Myron Chiletzakis, Vice President of the Union of Agricultural Cooperatives of Heraklion told Naftemporiki TV.

-The demand for housing loans decreased, while it remained almost unchanged for consumer loans, during the third quarter of 2023, according to the Bank of Greece Bank Loans Survey.

SHIPPING

The board of directors of Attica Holdings SA, an operator of international ferry services in Europe, approved the merger plan with Cretan coastal shipping company ANEK SA, absorbing the latter, at its meeting on Monday (Oct.23).