Economy
Consumer price index turns positive in February with 0.1 pct rise
Greece’s Consumer Price Index (CPI) increased by 0.1 percent in February, marginally rebounding from the negative territory of -0.2 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Clearer roadmap for completion of third programme emerging
The roadmap ahead for Greece had gradually started taking shape as Athens enters the final six months of its programme and gets a clearer picture on the key dates and deliverables.
Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017
Greece’s seasonally adjusted (SA) unemployment rate came to 20.8 percent in December, after November’ figure was revised upward to 21 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Tight schedule ahead for Athens and lenders in build-up to MoU exit
The Greek government has denied that Athens and the institutions are considering extending the third programme, which ends in August.
Rating agencies up Greece's scores, adding to positive outlook
The latest round of rating activity for Greece by the three leading agencies left Greece with improved credit scores by all raters and sustained the positive outlook for the country’s prospects.
Jumbo posts 11.1 pct rise in net profits in H1 2017
Greek retailer Jumbo posted their financial results for the first half (H1) of their financial year, covering July to December 2017, which showed that turnover rose by 10.2 percent during the period.
General govt primary cash surplus at 1.98 in Jan, arrears fall by 167 mln
Greece’s general government (gg) primary cash surplus amounted to 1.98 bln in January, up by 621 million compared to the same time last year according to the Finance Ministry’s (MoF) monthly gg bulletin.
GDP grows by 0.1 pct in Q4, up by 1.4 pct in 2017
Greece’s seasonally adjusted (SA) GDP grew by 0.1 percent quarter-on-quarter (QoQ) in the fourth quarter (Q4) of 2017 after an upwards revised increase of 0.4 percent in the previous quarter, provisional estimates from the Hellenic Statistical Authority (ELSTAT) revealed on Monday.
Focus of discussion for lenders moves to debt relief, post-MoU framework
The official conclusion of the third review on Friday means that the attention of the Greek government and its lenders has moved fully to the final few months of the programme and what will follow.
PMI at 56.1 in February, most improved since June 2000
Greece’s Manufacturing PMI rose by 0.9 points to 56.1 in February, the ninth consecutive reading above the 50-mark threshold.