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Import price rise slows to 32.8 pct in June, index posts first MoM drop since Nov
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Vehicle sales record back-to-back annual drop of 2.7 pct in July
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Growth of industrial production accelerates to 8.4 pct in June, highest rate for 2022
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Unemployment rate drops to 12.1 pct in June, lowest since before first MoU
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Inflation slows to 11.6 pct in July as housing and transport costs rise sharply
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Trade deficit soars by 71.6 pct in H1, reaching 17.59 bln
Collapse of DESFA tender adds to Greece’s privatisation challenges
The Energy Ministry confirmed via a press release issued on Wednesday afternoon that the privatisation process of the Hellenic Gas Transmission System Operator (DESFA) has been cancelled after the preferred bidder, the Azeri SOCAR, did not extend its letter of guarantee.
However, due the European Commission’s competition rules, SOCAR’s stake could not exceed the 50 percent threshold. Therefore, a 17 percent stake was later decided to be transferred to the Italian grid operator Snam.
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