Economy
Net job hirings balance negative by 16,542 in January
The employment balance turned negative in January as departures outpaced hirings by 16,542 for the first month of 2018, data from the Labour Ministry’s Ergani information system revealed.
Eurogroup confirms third review almost done but e-auctions still a concern
Monday’s Eurogroup did not bring down the curtain on the third review as Greece’s lenders are waiting for the completion of two more prior actions.
Banks gear up for stress tests, with results due in May
A clearer picture of the stress tests for Greek banks emerged over the past few days as the various stages and dates involved in the process were finalised.
Fitch upgrades Greek rating to 'B,' sees hybrid MoU exit and 2.1 pct growth this year
Fitch upgraded on Friday Greece’s long-term credit rating by one notch to ‘B’ from ‘B-‘, maintaining a positive outlook.
Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
Greece’s central government primary cash surplus rose by a substantial 2.43 billion euros to 2.68 billion in January, Bank of Greece (BoG) figures showed on Friday.
Some loose ends ahead of Eurogroup, questions remain over IMF's role
The Greek government goes into Monday’s Eurogroup, which will be accompanied by a meeting of the European Stability Mechanism’s (ESM) board of directors, with three prior actions remaining and doubts over whether the green light for the disbursement of the next loan tranche will be granted.
Industrial turnover falls by 2.6 pct in December
Greece’s industrial turnover fell by 2.6 percent in December, after November’s increase was upwardly revised to 13 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Friday.
Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
The drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, slowing from a drop of 0.6 percent in Q3 2017, Bank of Greece (BoG) data showed on Thursday.
CPI falls by 0.2 pct in Jan, first negative figure since Nov 2016
Greece’s Consumer Price Index (CPI) fell by 0.2 percent in January, falling into negative territory from the rise of 0.7 percent in December, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Budget execution makes positive start to 2018 with 1.88 bln primary surplus
The budget primary balance recorded a surplus of 1.88 billion euros in the first month of 2018, beating the forecast by 1.16 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Wednesday.