Economy
Net job hirings hit high of 92,132 in April, driving 4-month figure to new record
The employment balance remained positive in April 2017, with net hirings rising to 92,132 from 90,631 last year, data from the Labour Ministry’s Ergani information system revealed on Tuesday.
Details of technical agreement between Greece and lenders set out in draft sMoU
The updated supplemental memorandum of understanding (sMoU), which was drafted following a technical agreement between Greece and its lenders, was leaked in Handelsblatt on Monday evening.
Deposit interest rates broadly stable in March, average loan rate down slightly
Greek households’ new time deposit rate edged down 1 basis point (bp) to 0.66 percent in March, Bank of Greece (BoG) figures showed on Monday.
Trade deficit soars 36.2 pct in March, largely due to oil products
Greece’s trade deficit continued increased by 36.2 percent in March, more than double the growth rate of 17.7 percent recorded in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
General govt primary cash surplus falls to 1.2 bln in Q1, arrears edge down to 5.05 bln
Greece’s general government (gg) primary cash surplus dropped by 1.17 billion euros to 2.04 billion in the first quarter (Q1) of 2017 from 3.22 billion a year ago, the Finance Ministry (MoF) gg bulletin revealed on Friday.
Buoyed by review deal, stocks surge 5.9 pct for second straight weekly rise
The Greek equity market climbed for the second straight week this week, rising by 5.9 percent in the aftermath of the agreement at a technical level reached between the government and the institutions on Tuesday morning.
Overdue social security contributions climb to 22.5 bln at end of Q1
The stock of unpaid social security contributions (SSCs) jumped to 22.49 billion euros at the end of the first quarter (Q1) of 2017 from 17.54 billion at the end of the previous quarter, a bulletin from the Centre for the Collection of Social Security Arrears (KEAO) revealed on Thursday.
Rise in new overdue taxes slows to 658 mln in March, stock edges up to 94.3 bln
Greece’s new tax debt increased at a decelerating pace for the second straight month in March, when it rose by 658 million euros compared to a 989-million-euro increase in the previous month, Independent Authority of Public Revenues (IAPR) data showed on Thursday.
Debt relief, MTFS and return to bond markets on agenda after technical agreement
Following the technical agreement between the Greek government and the institutions’ mission chiefs on Tuesday morning, an extraordinary Eurogroup Working Group (EWG) is due to be held on Thursday evening.
Terna Energy sales grow 13.6 percent in 2016
Terna Energy Group’s full-year results for 2016 show that show that consolidated sales came to 225.5 million euros compared to 198.6 million euros during 2015, an increase of 13.6 percent.