Greece’s Manufacturing PMI marginally increased by 0.1 points in November to 52.1, with the index remaining above the 50-mark threshold for the sixth consecutive month.
Greece and its lenders appear close to reaching a Staff Level Agreement (SLA) this week after talks appeared to progress on Thursday, with the two sides said to have agreed on next year’s projected fiscal overperformance.
Greek construction and energy group GEK Terna’s results for the first nine months of the year showed that group turnover increased by 3.3 percent.
Greece’s retail sales fell by 0.7 percent year-on-year in September after upwardly revised growth of 0.4 percent in August, according to data published by the Hellenic Statistical Agency (ELSTAT) on Thursday.
Electronic auctions made a successful, albeit brief, debut on Wednesday, boosting hopes that Greece and its lenders will conclude a Staff-Level Agreement (SLA) this week and pave the way for the completion of the third review in January.
Property developer Lamda Development has reported a 21.4 percent rise in revenue for the first nine months of 2017.
Greece’s Public Debt Management Agency (PDMA) announced on Wednesday that is on the verge of completing successfully the debt management exercise that it initiated on November 15.
Piraeus Bank’s third quarter (Q3) results showed a net loss of 19 million euros, undoing the net profit of 7 million euros seen in Q2.
Greece’s economic sentiment (ESI) edged up by 0.1 points in November to 98.4 from 98.3 in October, yet remained below the 100-point mark it surpassed temporarily in September, European Commission (EC) figures revealed on Monday.
Electronic auctions are due to begin on Wednesday, with the Greek government hoping that the process runs smoothly and that an agreement with the institutions can be secured by the end of the week.