Economy
Building permits increase by 7.4 pct in May
Building permits rose by 7.4 percent year-on-year (YoY) in May compared to a rise of 14.6 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Friday showed.
Industrial production rises by 0.3 pct in Jun and 1.2 pct in 6-month period
Greece’s Industrial Production Index (IPI) increased by 0.3 percent year-on-year (YoY) in June compared to a revised decrease of 0.1 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
Increase in car sales slows markedly in July
Road motor vehicles going into circulation for the first time increased by 0.3 percent in July versus a 4.9 percent rise in June, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
CPI remains static in July
Greece’s Consumer Price Index (CPI) remained static in July following a drop of 0.3 percent in June, figures from the Hellenic Statistical Authority (ELSTAT) showed on Thursday.
Unemployment falls to 17.2 pct, stays below 18 pct for second month
Greece’s seasonally adjusted (SA) unemployment rate came to 17.2 percent in May from a downward revised rate of 17.4 percent in April, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
PBO highlights budget, recovery risks in latest report
The quarterly report of Parliament’s Budget Office (PBO) raises some concerns on the budget front as developments over the last months have increased fiscal risks, although achieving the target of 3.5 percent of GDP for this year remains feasible.
OTE revenues edge up by 0.3 pct to 1.86 bln in H1
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the first half (H1) of the year increased by 0.3 percent to 1.86 billion euros. The figure for the relevant period last year stood at 1.85 billion.
Coca Cola reports net profit drop of 10.1 pct in H1
Coca-Cola HBC’s first-half (H1) 2019 results show that net sales revenue edged up by 3.8 percent compared to the same period last year.
Trade deficit falls by 22.9 pct in June as imports drop sharply
Greece’s trade deficit dropped by 22.9 percent (YoY) in June compared to a rise of 56 percent in May, data from the Hellenic Statistical Authority (ELSTAT) released on Wednesday showed.
Athens hopes lower bond yields strengthen case for reducing fiscal targets
The Greek government is keeping high up on its agenda the matter of renegotiating lower fiscal targets with the institutions as New Democracy tries to build its case ahead of talks with the creditors in September.