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Tuesday
04
Aug 2026
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Athens 28°C

> Economy

> Economy

IMF maintains forecast for 3.2% growth in the global economy this year

The Fund stresses, however, that the global outlook will remain weak for the next five years because momentum in Asian economies is expected to weaken

Cosmote will broadcast Nova’s sporting events – See which events are included in the package

With only 3 Euros access to Novasports channels, Cosmote says in a statement

ECOFIN: Greece reaches 50% absorption of the Recovery Fund

Greece has already received €14.9 billion and in the coming months another €3.3 billion is expected to be disbursed

The prospect of a “clear” Trump victory brought gains on Wall Street – New record for the Dow Jones

Stocks in the energy, defence & banking sectors are up - Positive Powell signal for the start of monetary easing

Intervention on electricity prices coming – All data discussed in meeting at Maximou

In a meeting led by Kyriakos Mitsotakis, the data on the rise in wholesale prices for July and August was presented - Announcements on measures expected in the coming days

60 pirate attacks against crews in 2024 – Concern in the shipping industry

85 hostages compared to 36 in the first 6 months of 2023, 11 kidnappings and two threats - 46 ships were boarded by pirates, eight reported an attempted attack, four were hijacked and two were fired upon

Electricity: Decisions at Maximou – Taxation of electricity producers and wholesale price cap

A meeting at 10 AM chaired by Mitsotakis - Considering linking the emergency taxation of power generation companies with the subsidy of tariffs through a cap on wholesale prices.

Electricity: Plan to tax excess profits after price boom

The tax applies to the period from July 1 to September 30

Athens Stock Exchange: Selective positioning with an eye on Euromarkets

Pressure on the markets due to Trump assassination attempt

Budget: Primary surplus of €2.9 billion in the first half of this year

In the period January-June 2024, the net revenue of the state budget amounted to 31.461 billion euros

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