There was a promising start to May for Greece’s debt management agency (PDMA) as interest in its T-Bills rose and borrowing costs dropped in the two issues it auctioned successfully on May 2 and May 9 via 13- and 26-week notes respectively.
Piraeus Bank’s first quarter (Q1) results revealed net results from continued operations showing a loss of 80 million euros compared to a net profit of 12 million in Q4 2017.
Greek banks’ Eurosystem funding fell notably by 3.26 billion euros in April, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Prime Minister Alexis Tsipras is making a fresh push so his government can progress enough with the fourth review prior actions so there can be a staff-level agreement on May 24, when eurozone finance ministers are due to meet.
Road motor vehicles going into circulation for the first time rose by 29.3 percent in April, increasing against March’s figure of 23.9 percent, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Greece’s Industrial Production Index (IPI) rose by 1.1 percent in March after a revised decline of 1.9 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
Greece’s Consumer Price Index (CPI) remained unchanged in April after a decline in prices of 0.2 percent in March, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Greece’s seasonally adjusted (SA) unemployment rate in February was 20.8 percent, edging up slightly from the upward revised figure of 20.7 percent in January, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Coca-Cola HBC’s first quarter (Q1) results show that net revenues fell by 1.7 percent on a reported basis in the three-month period.
The Greek government has its hands full at the moment with the effort to complete as many prior actions as possible from the fourth review so there can be a staff-level agreement by the May 24 Eurogroup.