Economy
Greece continues debt management with swap of bonds worth 30 bln
Greece’s Public Debt Management Agency (PDMA) announced on Wednesday that it was inviting holders of bonds that were exchanged as part of the Private Sector Involvement (PSI) in March of 2012 to swap them with five new securities that mature between 2023 and 2042.
Mytilineos Group nine-month net profits grow to 123.1 mln
The industrial conglomerate Mytilineos S.A has released its nine-month results, which show that turnover rose by 23.9 percent year-on-year.
Capital controls to be loosened further, restrictions on foreign cash removed
Additional measures to ease the capital controls in place in Greece since 2015 were announced by the Ministry of Finance (MoF) on Tuesday.
OPAP revenues rise but net profits fall in nine-month period
The Greek Organisation of Football Prognostics (OPAP) has released its results for the first nine months of the year, showing that gross gaming revenues (GGR) rose by 4.8 percent compared to the same time last year.
Budget primary surplus at 5.36 bln in 10-month, exceeding target on lower expenditure
The budget primary balance recorded a surplus of 5.36 billion euros in the first ten months of 2017, increasing by 10.2 percent against last year’s figure of 4.86 billion euros, the Finance Ministry preliminary budget execution bulletin showed on Tuesday.
Motor Oil Hellas EBITDA rises to 452.7 mln in 9-month period
Motor Oil Hellas’ financial results for the first nine months of 2017 show that group revenues increased by 28.2 percent compared to the same time last year.
EC upbeat on reforms paying off, as long as they continue
In a background paper published on Monday, the European Commission (EC) takes stock of the progress in the first two thirds of Greece’s European Stability Mechanism (ESM) programme and provides an overview of the measures undertaken to date to achieve its four main objectives.
Eurosystem funding falls by 4.38 bln in October as ELA declines
Greek banks’ Eurosystem funding fell by an additional 4.38 billion euros in October, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
Aegean Airlines' nine-month results show 40 pct rise in net profits
Aegean Airlines’ nine-month results for 2017 showed that revenues grew by 9 percent compared to the same time last year while net profits for the period rose by 40 percent.
Building activity drops by 5.2 pct in August
Building permits went down by 5.2 percent in August, falling at a greater rate than the drop of 2.4 percent seen in August, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.