Economy
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
The story behind Attica Bank, the non-systemic lender thrust into the spotlight
Attica Bank finds itself in the frontline of Greek political and banking developments after the Bank of Greece (BoG) rejected the nominations for the top positions, including the chairman and CEO, at the lender.
Ellaktor closes gap on losses, increases turnover in H1
The Ellaktor group of companies has released its H1 results, showing that consolidated turnover came to 847.5 million euros, an increase of 14.1 percent compared to 742.8 million euros in the first half of last year.
Folli Follie revenues rise 9.8 pct in H1
Greek jewellery and fashion accessory designer and retailer Folli Follie’s H1 results show that the group’s consolidated revenues reached 652.7 million euros, an increase of 9.8 percent on the 594.3 million euros from H1 2015.
Wages index sees strong rebound of 4.6 pct in Q2
The seasonally adjusted (SA) Wages Index increased for the third straight quarter at a notably accelerating pace of 4.6 percent in the second quarter (Q2) of 2016 following a rise by 0.7 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures displayed on Friday.