Economy
Eurosystem funding drops by 2.7 bln in June on reduced ELA liquidity
Greek banks’ Eurosystem funding fell for the 24th successive month in June, when it dropped by another 2.67 billion euros, the Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Survey reveals opinions around Greek shipping cluster's potential
Greece has the potential to develop into one of the world’s major shipping hubs over the next few years according to a survey of opinions from leading representatives of Greek shipping companies.
Building activity falls by 0.9 pct in April
Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed that Greek building permits declined by 0.9 percent in April, reversing the growth of 24.7 percent noted in March.
Bank of Greece says NPE ratio up to 45.2 pct, provides more bad loan details
Bank of Greece (BoG) released on Tuesday the third second issue of its semi-annual overview of the Greek financial sector presenting an analysis of the latest loan quality figures.
Samsung buys out Innoetics in latest boost for Greek tech sector
South Korean technology giant Samsung has bought out, Innoetics a small Greek tech firm, which specialises in text-to-speech (TTS) technology.
CPI up again in June with 1 pct increase
Greece’s Consumer Price Index (CPI) grew by 1 percent in June from 1.2 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Car sales rebound by 28.2 pct in June
Road motor vehicles (going into circulation for the first time) rose by 28.2 percent in June after falling by 2.7 percent in May, Authority (ELSTAT) data showed on Monday.
Industrial production grows 5.4 pct in May after marginal rise in April
Greece’s Industrial Production Index (IPI) increased by 5.4 percent in May following upwardly revised growth of 0.8 percent in May, ELSTAT data revealed on Monday.
Net job hirings reach 40,599 in six-month
The employment balance stayed positive in June 2017 with net hirings climbing by around 40,599 from 33,608 a year ago, data from the Labour Ministry’s Ergani information system revealed on Friday.
Trade deficit up 14.2 pct in May as imports increase along with exports
Greece’s trade increased by 14.2 percent in May after falling by 14.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Friday.