AGP Executive Report
Last update: 9 hours agoBanking: Greek household deposits rose €428 million in September to €157.3 billion, their highest level since 2011. Corporate deposits grew much faster, adding €2.36 billion. Electricity: Grid operator HEDNO wants to cut power to about 75,000 homes and businesses whose meters have been inaccessible for over a year; vulnerable customers would be exempt during specified months. Tax enforcement: The tax authority has scheduled 69 property auctions from November through February for debtors outside payment plans. Separately, market regulators imposed €659,647 in fines in October and destroyed more than 40,000 counterfeit goods. Mining: Eldorado Gold reported 106,351 ounces of third-quarter production and said its Skouries project is advancing toward commercial production. Investment and energy: Masdar’s planned acquisition of a 550-megawatt Greek solar project adds to a growing pipeline of renewables, while HELLENiQ ENERGY has opened the country’s first 100-megawatt battery-storage project. Tourism: A new industry study says Greece’s visitor economy is shifting toward higher-value, more sustainable travel, even as concerns persist that visitors are spending less.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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