AGP Executive Report
Last update: 5 hours agoIndustrial Investment: Greece’s state innovation fund is putting €35 million into ICEYE, supporting a satellite factory planned to produce up to 150 satellites a year and create more than 230 skilled jobs. Consumer Policy: A new deposit-return system will add a refundable 10 or 15 cents to plastic bottles and cans, with 8,700 return points planned by 2027. Household Pressure: Inflation climbed to 5.7% in October, while housing costs remain a strain; the government says a revamped home-buying scheme and renovation grants are due in December. Energy Links: A French vessel has begun preparations for seabed surveys on the Greece-Cyprus electricity cable, advancing the project amid renewed objections from Turkey. Regional Expansion: HELLENiQ Energy plans to invest more than €1 billion in Romanian renewables and storage, targeting a portfolio of up to 1.3 gigawatts. Shipping Profits: Okeanis Eco Tankers reported third-quarter profit of $299.6 million, up from $24.1 million a year earlier, and declared a $7-per-share dividend.
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