Greece’s travel receipts increased by 5.3 percent in July, slowing from the increase of 14.2 percent noted in June, Bank of Greece (BoG) data revealed on Thursday.
Greek banks have been a topic of discussion over the last few days after eurozone official highlighted last week the need for the management of NPLs and amid pressure from the International Monetary Fund for new asset quality reviews (AQRs) to be carried out.
The probability of Greece exiting its programme next August without a credit line appears to be rising, but this is still dependent on the third review being completed without any serious delays or complications.
The Hellenic Chamber of Hotels has called for a fairer system of taxing accommodation for tourists after a study highlighted the loss of tax revenue from unlicensed short-term rentals.
Greece’s current account (C/A) balance displayed a surplus of 1.57 billion euros in July from 1.36 billion a year ago, Bank of Greece (BoG) figures showed on Wednesday.
Greece’s Turnover Index in Industry rose by 8.6 percent in July after upwardly revised growth of 9 percent in June, data from the Hellenic Statistical Authority (ELSTAT) showed on Tuesday.
Greece’s Independent Power Transmission Operator (ADMIE) Holding SA reported its results for the first half (H1) 2017 of its first fiscal year of operation which showed that income from its affiliate IPTO SA came to 9 million euros.
Greece’s central government primary cash balance came to a surplus of 276 million euros in the first eight months of 2017 against a surplus of 2.41 billion euros for the same time last year, Bank of Greece data revealed.
Jewellery and fashion accessory designer and retailer Folli Follie has reported a 10.8 percent increase in revenues for the second quarter (Q2) of 2017 compared to the same period last year.
Greek banks’ Eurosystem funding fell for 26 successive months in August when it fell by a further 5.1 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.