Economy
Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Greece’s privatisation chief believes that 2 billion euros can be raised this year from asset sales.
General gov't figures shed more light on course of spending, revenues during crisis
The release of the 2015 detailed general government figures by the Hellenic Statistical Authority (ELSTAT) revealed some interesting findings on the evolution of the annual key figures.
Greek stocks jump 2.8 pct during week on improved market sentiment
Greek equities headed north by 2.8 percent this week, following another rise last week, as they were helped by increasing hopes that Greece and its lenders will conclude the bailout review at the next Eurogroup on May 24.
Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates
The Greek seasonally adjusted (SA) GDP at constant prices contracted by 0.4 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal rise of 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday.
Coca Cola HBC off to good start to 2016 with Q1 results
Coca-Cola HBC AG announced its Q1 2016 trading update on 13 May 2016, showing that the financial year got off to a good start for the company.
Titan Group Q1 2016 results propped by US growth
Titan Group posted their Q1 2016 financial report on Thursday, showing that, as with their end of year financial report for 2015, their presence in the US market continued to be a strong contributor to their overall growth.
Eurosystem funding falls below 100-bln mark for first time since Jan 2015
Greek banks’ Eurosystem funding dropped for the tenth straight month in April, albeit at the decelerating pace of 1.88 billion euros after a decrease of 2.78 billion in March, according to the Bank of Greece's (BoG) monthly financial statement on Thursday.
Unemployment rate slips to 24.2 pct in February
Greece’s seasonally adjusted (SA) unemployment rate slipped to 24.2 percent in February from 24.4 percent in January, the Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursday.
Drop in building activity slows to 12.2 pct in February
Greek building permits dropped at a decelerating pace of 12.2 percent in February from 18.8 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Greek tourism: Hopeful yet uncertain for 2016
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After a bumper tourism year in Greece last year, where an estimated 25 million visitors beat the grim economic climate of the country to visit in droves, the 2016 season has started out painting a more mixed picture.