Economy
Strong travel balance brings current account surplus to 1.83 bln in August
Greece’s current account (C/A) balance recorded a surplus of 1.83 billion euros in August from 1.66 billion a year ago, Bank of Greece (BoG) figures showed on Monday.
Review gathers pace as mission chiefs prepare for Athens return
Technical talks between the Greek government and the institutions have resumed in Athens ahead of the return of the mission chiefs to Greece on Monday amid efforts to complete the third review as soon as possible.
Industrial turnover remains on growth path with 6.1 pct rise in Aug
Greece’s industrial turnover rose by 6.1 percent in August, following an 8.9 percent rise in July, according to Hellenic Statistical Authority (ELSTAT) data published on Friday.
Trust in Greek banking system shaky, survey suggests
Trust in the Greek banking system has been badly damaged by events of recent years according to a survey by Alvarez & Marsal on behalf of the Bank of Greece.
Primary cash surplus at 1.75 bln as expenditure rises in Sept
Greece’s central government primary cash balance came to a surplus of 1.75 billion euros in the first nine months of 2017, compared to a surplus of 4.05 billion euros for the same time last year, Bank of Greece (BoG) data revealed on Thursday.
Revised GDP data shows recession for 2016, higher growth in 2014
According to the Hellenic Statistical Authority’s (ELSTAT) second estimate for the 2016 Annual National Accounts, Greece found itself in a marginal recession of 0.2 percent in real terms last year.
Jumbo net profits rise 8 percent in 2017 financial year
Greek retailer Jumbo posted their financial results for the operating year running from 1 July 2016 to 30 June 2017, showing that turnover increased by 6.88 percent.
Back from the brink: What next for Greece's property market?
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The story of Greece’s property markets trials and triumphs over the last few years reads like the pages of a dramatic novel. There was the mighty rise followed by a sudden and brutal collapse, to today’s market which is steeped in rumour and speculation.
Budget primary surplus at 4.5 bln in 9-month, below target on lower revenues, higher tax refunds
The budget primary balance recorded a surplus of 4.50 billion euros in the first nine months of 2017, increasing by 18.3 percent against last year’s figure, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Monday.
Eurosystem funding falls by 3.58 bln in September
Greek banks’ Eurosystem funding fell once more in September by another 3.58 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.