Greece’s industrial turnover continued its positive streak this year with an increase of 11.4 percent in May after April’s figure was slightly revised down to 6.5 percent, Hellenic Statistical Authority (ELSTAT) data published on Friday showed.
The IMF has reiterated its key recommendations for Athens and placed strong emphasis on labour policies and continuing reforms that will foster growth and facilitate investment.
The privatisation of Hellenic Petroleum (HELPE) inched forward as the tender process for a 50.1 percent stake in the oil refinery entered a new phase.
Greece’s central government primary cash balance recorded a surplus of 6.49 billion euros in the first half of the year, Bank of Greece (BoG) figures showed on Wednesday.
Greece has to take specific steps to unleash the potential of its business economy because the reforms implemented during its three adjustment programmes have not had the desired impact, a study carried out by the German Institute for Economic Research (DIW) argues.
The balance of travel services came to a surplus of 127 million euros for the first quarter (Q1) of 2018 according to figures released by the Bank of Greece (BoG).
The budget primary balance came to a surplus of 617 million euros in the first six months of 2018, according to the preliminary budget execution bulletin for June published by the Finance Ministry (MoF)on Monday.
International Monetary Fund officials are due to meet on July 27 to discuss the Article IV review regarding Greece and the latest debt sustainability analysis (DSA) put together by the Washington-based organisation, which is being keenly anticipated by investors as Athens prepares for another possible bond issue.
The final disbursement of Greece’s third programme has been delayed for a few days after Germany raised objections to the way in which Athens decided to extend the discount on VAT on five Aegean islands.
Building permits rose by 1 percent in April following a drop of 2.3 percent in March, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.