Economy
Eurosystem funding down by 535 mln in April, ELA falls for second straight month
Greek banks’ Eurosystem funding continued heading south for the 22nd straight month, albeit the drop of 535 million euros in April is the lowest in this series, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
OTE's revenues edge up by 0.1 pct in Q1
The Hellenic Telecommunications Organisation’s (OTE Group) Q1 2017 results revealed a small increase in revenue for the quarter compared to the same quarter last year, rising by 0.1 percent to 929 million euros versus 928.5 million euros last year.
Unemployment rate slips to 23.2 pct in Feb, lowest for last five years
Greece’s seasonally adjusted (SA) unemployment edged down to 23.2 percent in February from a downward revised rate of 23.3 percent in January, Hellenic Statistical Authority (ELSTAT) labour force survey revealed on Thursday.
EC lowers growth forecasts, sees fiscal targets within reach
The recovery of the Greek economy is expected to restart this year, largely on the back of improving consumer and investor sentiment, the European Commission (EC) noted in its spring economic forecasts published on Thursday.
Titan Cement turnover rises 7.1 pct in Q1
Titan Group’s financial results for the first quarter of 2017 recorded an improvement largely attributed to the continued recovery of the US market.
Coca Cola HBC sales grow in Q1
Coca-Cola HBC’s first quarter results show that net revenues rose by 4.5 percent in the quarter compared to the same quarter in 2016.
April produces first fall this year for car sales, which tumbled by 7.5 pct
The number of vehicles going into circulation for the first time dropped by 7.5 percent in April after a surge of 43.5 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
CPI increases by 1.6 pct in April
Τhe Greek Consumer Price Index (CPI) increased by 1.6 percent in April after rising by 1.7 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Industrial production improves by another 8.7 percent in March
The Greek Industrial Production Index (IPI) grew by 8.7 percent in March following an upward revised growth of 11 percent in February, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
Greece eyes first bond issue since 2014 to smooth out volatile relationship with markets
By:
The approval by Parliament next week of the measures agreed by the government and the lenders could be a trigger for several positive developments, including a return to international bond markets for Greece.