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Cap on total loan repayment cost, end of “fine print” – What changes with the consumer credit bill
The draft law of the Ministry of Development is open for public consultation, setting limits on charges and providing for intervention before over-indebtedness – Who is affected by the new framework – See the full bill
Extension until September 30 for the Swiss franc loan settlement: who benefits from debt “haircuts” of up to 50%
Already 14,000 borrowers have submitted applications, according to Kyriakos Pierrakakis — full operation of the Asset Re-lease Agency expected in the autumn
Chevron: The U.S. plan for a larger unified exploration zone in the southern Ionian Sea
The next phase for Block 10 has been postponed to 2028 following the 15-month extension of the exploration program approved by the Greek government
Expansion of digital audits: Weddings, baptisms and auto repair shops to help fund new tax relief measures
The digital customer registry is being expanded to include event venues, reception halls, and catering companies, as the government seeks new sources of revenue to fund tax cuts and social support measures
Chevron enters Block 10 in the Kyparissiakos Gulf with a 70% stake & Operator role – Path opens for next phase of exploration
Approvals for the agreement with HELLENiQ ENERGY were completed in record time. Chevron will acquire its fifth offshore concession in Greece’s hydrocarbons sector
Athens International Airport: Launches €500 million 7-year bond issue
Investor presentations begin for the €500 million bond issuance maturing in 2033
Budget: Primary surplus at €3.638 billion in the five-month period
€2.4 billion above target – “Net excess” of €258 million also in tax revenues
Gold: Rally after US–Iran agreement – at $4,330 per ounce
Gold surged by more than 2.7% after the US–Iran agreement to end the war and reopen the Strait of Hormuz, a development expected to ease global inflation pressures and influence expectations for future interest rate hikes. At the same time, oil prices declined, while markets now turn their attention to upcoming Federal Reserve decisions
