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Athens Stock Exchange up 7.11% after elections outcome

Share prices at Athens Stock Exchange spiked on Monday, in the wake of the resounding victory of the ruling party in Sunday’s elections. The market sees the election result as the best possible scenario, an outcome that reduces political risk, paving the way for an independent government in the next …

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Apartment prices in Greece keep soaring

Apartment purchasing prices in Greece grew by 12.2% in the fourth quarter of 2022 and at an average annual rate of 11.1% in 2022, the Bank of Greece said in a report last week. Broken down by age of property, the annual rate of change in prices of new apartments …

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Greece’s inflation eases in Jan but food up 15.4%

Greek annual inflation rate slowed further to 7% in January from 7.2% in December, but remained up compared with 6.2% in January 2022. However, this slowdown mainly reflects a decline in electricity prices while inflation in foods was up 15.4%. Greek Statistics Authority ELSTAT said that price increases in the …

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Wine consumption in Greece jumped 41.3% in 2021-2022

Domestic wine consumption in Greece increased by 41.3% in the 2021-2022 wine season compared to the 2020-21 season, approaching the high levels of 2013, 2014, according to a sectoral study on wine=making, prepared by the company Stochasis Management Consultancy. The share of bulk wine (non-standard or bag-in-a-box) in the total …

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Wine production in Greece up 8.13% in 2021

Greek wine production grew 8.13% in 2021 compared with the previous year, totaling 2,468,945 kilolitres, the National Agricultural Cooperative of Wine Products said in a report released on Tuesday. This figure was in full contrast with the first estimate sent to the European Commission in September 2021 which envisaged a …

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Athens Stock Exchange Up, As Markets Optimist About the Greek Deal

Athens Stock Exchange rallies positive on Monday morning, as markets are optimist about the Greek deal, the new loan agreement with the country’s lenders. At 12:48 noon, the General Index records a +3.13% and heads towards 800 units. The General Index of Athens Stock Exchange is heading to 800 units, …

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Athens Stock Exchange hits records

Athens Stocks and Greek banks soar on Monday, hitting records in gains in the wake of the resolutions of the Eurpean Summit in Brussels, last Friday and Saturday. (13:48 local time) Across the board, the General Index is at 1659.39 units, up 5.02% in a turnover of EUR 154,53 million. …

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