Greece’s Finance Ministry issued on Friday the first budget execution update for 2019, with the preliminary data showing that the primary surplus settled at 603 million euros, against a deficit target of 103 million euros.
The government and the banks are waiting for a response this week from the institutions and the European banking supervisory authorities regarding the proposal for the framework that will succeed the Katseli law.
The Piraeus Port Authority (PPA) has released its annual financial statement for 2018, which revealed that turnover rose by 19.2 percent year-on-year.
The government and Greece’s bankers appear to have reached an agreement on the framework to protect primary residences from foreclosure when the extension to the Katseli law runs out at the end of February.
Greece’s Consumer Price Index (CPI) rose by 0.4 percent in January compared to a rise of 0.6 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
The Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure.
Coca-Cola HBC’s results for the full year of 2018 showed that net sales revenue rose by 2.1 percent.
The Bank of Greece (BoG)’s December 2018 economic bulletin laid out some of the funding challenges faced by Greek SMEs from 2014 to 2017.
Building permits rose by 18 percent year-on-year (YoY) in November, dropping from a rise of 23.8 percent noted in October, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Talks between banks and the Greek government on the primary residence protection framework are due to continue this week, with the latter being left under no illusions by its European lenders that it will have to move quickly on this and a number of other issues over the next few weeks if the March 11 Eurogroup is to give the green light for further debt relief measures.