Economy
Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
The budget primary balance recorded a surplus of 3.55 billion euros in the first eight months of 2017, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
The Greek non-seasonally-adjusted unemployment rate fell to 21.1 percent in the second quarter (Q2) of 2017 from 23.3 percent in Q1 2017, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Turnover in tourism sector up 7.3 pct in Q2 for fourth straight rise
The Turnover Index in Accommodation and Food Services increased for the fourth straight quarter in Q2 2017, picking up by 7.3 percent following a slight downward revision to 0.9 percent in Q1, ELSTAT figures showed on Wednesday.
OPAP gross revenue rises by 1.4 pct but net profits fall in H1 2017
The Greek Organisation of Football Prognostics (OPAP) has released its results for the first half (H1) of the year, showing that gross gaming revenues (GGR) rose by 1.4 percent during the period compared to the same time last year.
Aegean Airlines net loss eases to 20 million in H1
Aegean Airlines’ revenues rose by 12 percent in the first half (H1) of 2017 while losses eased by 15 percent.
Building activity rises by 9 pct in June, permits above 1,000 for fourth month
Building permits rose by 9 percent in June compared to 45.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Sharp rise of 2.01 bln in July for unpaid taxes
Greece’s new tax debt rose rose sharply to 2.01 billion euros in July, almost three times the figure of 727 million euros in June, the Independent Authority of Public Revenues’ (IAPR) data revealed.
Car sales rise by 31.3 pct in August
Road motor vehicles (going into circulation for the first time) rose by 31.3 percent in August from 28.3 percent in July, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Wages index improves 0.5 pct in Q2, rises 1.8 percent QoQ
The seasonally adjusted (SA) Wages Index rebounded for the seventh successive quarter by 0.5 percent year on year (YoY) in Q2 2017 after edging up by 1 percent in the previous quarter, ELSTAT figures revealed on Monday.
Industrial production grows 1.7 pct in July for tenth positive reading in a row
Greece’s Industrial Production Index (IPI) increased by 1.7 percent in July following upwardly revised growth of 1.8 percent in June, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.