Fraport presented on Wednesday its plan for the modernisation and development of 14 Greek regional airports ahead of the official delivery of the airports and following the implementation of most of the required prior actions.
Aegean Airlines’ full year report for 2016 show that net profits fell sharply over the course of the year.
Titan Group recorded a significant improvement in profitability in their full year results for 2016, thanks to the continuing growth of the US market and the recovery of results in Egypt.
The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG.
Greece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday.
Greece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
Monday’s Eurogroup in Brussels proved inconclusive as far as the Greek review is concerned but did result in some hope that efforts to conclude the review would intensify in the coming days.
The Organisation for Economic Cooperation and Development published on Friday its annual edition of Going for Growth report, proposing policy actions to boost productivity and growth ensuring at the same time that the benefits from the reforms implementation reach a vast majority of workers and households.
Greece and its lenders head into Monday’s Eurogroup with differences on several key issues that will have to be resolved if the second review is to conclude in the days ahead.
The Greek stock market edged down 0.6 percent this week with quite meagre trading activity largely due to the lack of meaningful progress in negotiations between Greece and its lenders.