Economy
Marinopoulos hits Marfin Group H1 results
Marfin Investment Group (MIG) has released its H1 2016 results, showing that sales amounted to 524 million euros, registering a decline of 13 million euros or 2 percent versus H1 2015.
Budget primary surplus of 3.8 bln to Aug beats target by wide margin
Greece’s budget primary surplus edged down 1.1 percent to 3.76 billion euros in the 8-month period of 2016 from 3.8 billion in the corresponding period last year, the Finance Ministry (MoF) preliminary budget execution bulletin displayed on Tuesday.
Record low net job balance in Aug but 8-month figure highest since 2001
The employment balance remained negative in August, when net departures rose to 16,128 in August 2016 from just 441 last year, the Labour Ministry’s information system (Ergani) data displayed on Tuesday.
Current account surplus falls to 1.4 bln in July
Greece's current account (C/A) surplus narrowed by 1.07 billion euros, or 42.8 percent, to 1.43 billion in July 2016 from 2.51 billion last year, Bank of Greece (BoG) figures showed on Tuesday.
Aegean Airlines posts net loss for H1
Aegean Airlines’ H1 results show that revenue for the period stood at 403.5 million euros, remaining flat versus the same period in 2015.
Industrial turnover sees 21st straight month of decline with 5.9 pct fall in July
Greece’s Turnover Index in Industry dropped by 5.9 percent in July after a downward revised 8.2 percent decline in June, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
State clears 440 mln in arrears to private sector in July
In its first bulletin on the transfers and payments of general government arrears since the government came to power in January, the Finance Ministry (MoF) has set out how these debts are being paid following the conclusion of the first programmer review.
GEK Terna H1 sales up 29.4 pct
Greek construction and energy group GEK Terna has released its financial statements for the first half of 2016, which show that the group’s consolidated sales came to 580 million euros compared to 448.6 million euros, an increase of 29.4 percent.
After talks with lenders, Greece returns to list of tasks to secure next bailout payment
The discussions between the Greek government and the institutions that resumed last Monday concluded, as had been scheduled, on Friday and have left Athens with numerous matters to take care of in the coming days.
Greek stocks edge down 1.3 pct during week, banks perform poorly again
The Greek stock market fell by 1.3 percent this week, with banks posting notable losses of 7.6 percent for the second successive week