Greece’s current account (C/A) balance came to a surplus of 1.28 billion in July, improving from a surplus of 874.4 million euros in June, according to Bank of Greece (BoG) figures released on Friday.
Greece’s industrial turnover increased by 4.3 percent year-on-year (YoY) in July following an upward revised drop of 7.7 percent in June, Hellenic Statistical Authority (ELSTAT) data published on Thursday showed.
The Hellenic Telecommunications Organization S.A. (OTE) announced on Wednesday that is had concluded the bookbuilding process for the issuance of a 500 million euro 7-year bond in international debt capital markets.
Developments in Greece’s marquee privatization project at Athens’s former airport took an unexpected turn on Wednesday when it was announced that the foreign investors participating in the consortium formed to acquire the property have withdrawn.
The Greek government appears to have submitted to the European Commission its final proposal for an Asset Purchase Scheme (APS), which it hopes will help local banks substantially reduce their stock of non-performing loans.
Greece’s central government primary cash balance recorded a surplus of 2.46 billion euros in the first eight months of the year according to figures released by the Bank of Greece (BoG).
ADMIE Holding SA reported its results for the first half (H1) of the year, which showed that total income from its affiliate the Independent Power Transmission Operator (IPTO SA) rose to 20.1 million, a decline of 1.2 percent.
Greece has launched the formal process to pre-pay part of the loans it has received from the International Monetary Fund after Finance Minister Christos Staikouras officially requested clearance from the European Stability Mechanism in a letter on Monday.
The Ellaktor Group of Companies’ financial results for the first half (H1) of 2019 showed that turnover fell by 23.6 percent in the first six months of the year.
The budget primary balance recorded a surplus of 2.90 billion euros in the first eight months of 2019, compared to a surplus of 1.12 billion noted in August 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Monday.