GREECE
Macro/Political
• The Overall Industrial Production Index in December 2024 recorded an increase of 5.8% (y-o-y). The seasonally adjusted Overall Industrial Production Index in December 2024 recorded an increase of 2.4% compared with the corresponding index of November 2024.
Source: Elstat
Markets
• Eurobank announced the completion of the acquisition of an additional 37.5% stake in Hellenic Bank, hence a total holding of 93.47% and the submission of a takeover bid to the shareholders of Hellenic Bank.
Source: athexgroup.gr
CYPRUS
Markets
• Provisional data released by Cystat showed that in January – December 2024 the trade balance was in deficit of EUR 8,134.3mn compared to a deficit of EUR 8,470.4mn in January – December 2023. Total imports of goods amounted to EUR 12,256,1mn (-7% y-o-y) while total exports were EUR 4,709.4mn (-12.5% y-o-y).
Source: Cystat
