Greek daily news

Greek Daily News 27/10/2023

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ECONOMY

The Bank of Greece (BoG) expects demand for consumer loans and loans for small and medium-sized enterprises (SMEs) to increase in the last quarter of the year.

REAL ESTATE

Only 13% of real estate auctions end successfully, while 14,000 new real estate auctions are scheduled to take place in the next 10 months, with a total value of 1.35 billion euros, and an average value of 109,000 euros, Naftemporiki reported.

SHIPPING

The Greek Merchant Fleet decreased by 0.4% in August 2023 y-o-y, and now counts 1,822 ships, the Hellenic Statistical Authority (ELSTAT) data showed. Cargo and tankers recorded the largest drop, -5.2% and 3.1% respectively.