Titan Group’s financial results for the first quarter (Q1) of 2018 showed a decline of 10.9 percent compared to the same period last year.
Motor Oil Hellas’ financial statement has shown that the group’s revenues increased by 11.1 percent to 2.04 billion euros in the first quarter (Q1) of the year, but net profits declined.
The safeguarding of financial stability is one of the pillars of Greece’s third programme and the Supplemental Memorandum of Understanding (sMoU) has a section dedicated to the banking sector, with the focus on the secondary market for Non-Performing Loans (NPLs), debt restructuring and insolvency procedures and the overall governance of Hellenic Financial Stability Fund (HFSF) and the banks.
Thursday’s Eurogroup in Brussels failed to deliver a breakthrough on the debt relief talks between Greece’s lenders, although the institutions insist that they are still aiming to deliver a comprehensive agreement by June 21.
Budget primary surplus confirmed at 2.29 bln in April on improved tax collections, lower PIB spending
The budget primary balance was confirmed at a surplus of 2.29 billion euros in the first four months of 2018 compared to a surplus of 1.73 billion for the same period last year, the Finance Ministry (MoF) final budget execution bulletin for April showed on Thursday.
A swift staff-level agreement (SLA) was reached between Greece and the institutions last Saturday and the details of the deal were revealed in the Supplemental Memorandum of Understanding (sMoU) was published by the European Commission on Thursday.
The first quarter (Q1) results for Aegean Airlines show that revenues increased by 9 percent year-on-year to 165.4 milion.
Fourlis Group, a leading group of companies in Greece and the Balkans for quality consumer durable goods, reported an increase in sales by 8 percent in the first quarter (Q1) of the year.
Employees at Greece's main social security fund have raised the alarm regarding the extent to which pensions will be cut next year, when Greece is expected to trim its spending on retirees by 1 percent of GDP, or 1.8 billion euros.
Greek Parliament debated on Wednesday the holistic growth strategy compiled by the government as part of the commitments it had agreed at last summer’s Eurogroup, when the second review was concluded.