Hellenic to be Cyprus’ biggest bank
Eurobank Group’s 1.3-billion-euro investment in Cypriot lender Hellenic Bank will create the largest bank in the local market.
Loans to Greek businesses increased by 1.4 billion euros in February
Loans to Greek businesses increased by 1.4 billion euros in February, a development attributed to the acceleration of investment projects financed through the Recovery and Resilience Fund and other financial instruments, raising business credit to €83.7 billion, from €82.3 billion in January.
Construction activity surges in 2024
Construction activity across Greece showed strong growth in 2024, with a significant 14.9% increase in the number of building permits issued.