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HFSF to Wind Down Ahead of Schedule – Pending Issues with NBG and Attica Bank, and Future Plans for Employees
Following divestment from Eurobank, Alpha Bank, and Piraeus Bank, the HFSF has reached 90% of its target. Issues with the National Bank of Greece (NBG) and Attica Bank are set to be resolved by 2024. The future of HFSF’s 46 employees also addressed
Sharp increase in the construction of new holiday homes in Greece
During the last 12 months an increase in the volume of construction activity of up to 58.2% was recorded
Eurostat: Inflation in Greece at 2.4% in May – 2.6% in the Eurozone
The largest contributors to inflation in the Eurozone were services, food, non-energy industrial goods & energy
State Budget: Surplus of 2.35 billion euros in the first five months
Excess of 13% in state revenues - 800 million euros more were paid in taxes