Deals in Greece 2023

Extroversion of the Greek companies and an increased number of M&A transactions

2023 marked a milestone year for the Greek economy. Despite international challenges, the economy demonstrated resilience, recording the fourth-highest growth rate in the eurozone. The Athens Stock Exchange ranked among the top performers globally, with the general index registering an annual increase of 38.2%. Additionally, Greece returned to investment grade after 13 years

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The increase of 22 in the total number of transactions during 2023 signifies signs of  stability and transformation of the Greek economy.

The number of R&D has increased significantly reaching 2019 the 85 transactions, while the total value of trading increased by € 0.6bn compared to 2018

10% of the total deal value involves minority holdings

The privatisation transactions concluded within 2023 amounted to €1.6bn. It is expected that in 2024, they will exceed €6bn

The number of R&D has increased significantly reaching 2019 the 85 transactions, while the total value of trading increased by € 0.6bn compared to 2018


PwC Greece is the top M&A financial advisor in terms of the number of deals in Greece for the second consecutive year

and the top M&A financial advisor globally in terms of number of deals for the fourth consecutive year

Contact us

Penelope Kourkafa

Penelope Kourkafa

Director, Internal Firm Services, Marketing & Communications, Athens, PwC Greece

Andreas  Fousteris

Andreas Fousteris

Director, Consulting, Finance Transformation, Athens, PwC Greece

Olympia Liami

Olympia Liami

Manager, Advisory, Athens, PwC Greece

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