Economy
Debt relief discussions continue as clock ticks down to June 21 Eurogroup
Just one week is left until the June 21 Eurogroup and speculation is mounting about what kind of debt relief package Greece can expect when eurozone finance ministers meet in Brussels.
Investors wait as Folli Follie Group takes stock amid intense scrutiny
By:
It’s no understatement to say that the last few weeks have been tumultuous for Greek jewellery and fashion accessory designer and retailer, Folli Follie Group.
Eurosystem funding falls by 716 mln in May
Greek banks’ Eurosystem funding fell by 716 million euros in May, the Bank of Greece's (BoG) monthly financial statement has revealed.
Wages index rises by 2 pct in Q1 and 4.9 pct YoY
The seasonally adjusted (SA) Wages Index rose by 4.9 percent year-on-year (YoY) in the first quarter (Q1) of the year, after a rise of 2 percent in Q4 2017, Hellenic Statistical Authority (ELSTAT) figures revealed on Tuesday.
Fall in apartment prices decelerates to 0.2 pct in Q1 for slowest contraction on record
The drop in the nominal value of apartments in Greece came to 0.2 percent year-on-year (YoY) in the first quarter (Q1) of 2018, slowing from a revised drop of 0.4 percent in Q4 2017, Bank of Greece (BoG) data showed on Tuesday.
Building permits fall by 2.3 pct in March, absolute permits rise above 1,000
Building permits fell by 2.3 percent in March following a rise of 5.4 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Despite debt deal likely falling short, IMF to retain a role in Greece
International Monetary Fund managing director Christine Lagarde has vowed that her organisation will remain engaged in Greece after the end of the third programme, although it is looking almost certain that this will be in a technical capacity.
Hirings balance hits new record high of 108,725 in May
The employment balance continued its positive momentum in May with hirings outpacing departures by 108,725, data from the Labour Ministry’s Ergani information system revealed.
MTFS outlines ambitious economic and fiscal road for next four years
The government tabled in Parliament on Friday evening the Medium-Term Fiscal Strategy (MTFS) for 2019 - 2022 as part of the multi-bill containing the measures needed for the conclusion of the fourth and final programme review.
Car sales up by 18.7 pct in May, motorcycle sales rise 16.3 pct
Road motor vehicles going into circulation for the first time rose by 18.7 percent in May Hellenic Statistical Authority (ELSTAT) data showed on Monday, slowing from the increase noted in April, which came to 29.3 percent.