Economy
Deposit outflows continue in Feb but slow to 750 mln
The Greek banking system recorded outflows for the second successive month, albeit reduced to 750 million euros in February from 1.53 billion in the previous month, Bank of Greece (BoG) figures revealed on Monday.
Credit contraction stable at 1.6 pct in Feb, net deductions drop to 101 mln
The rate of credit contraction in the Greek market remained stable at 1.6 percent in February, Bank of Greece (BoG) figures showed on Monday.
Three investment groups table binding offers for Thessaloniki Port
The Hellenic Republic Asset Development Fund (HRADF) announced on Saturday that it received on Friday three binding offers for the acquisition of a 67 percent stake in Thessaloniki Port Authority (OLTH).
Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
The Greek equity market headed south for the third successive week, dropping at an accelerating pace of 1.4 percent from 0.6 percent in the previous week.
Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
Greece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday.
Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
The budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget execution bulletin revealed on Friday.
Fraport reveals airport plans as major privatisation overcomes obstacles
Fraport presented on Wednesday its plan for the modernisation and development of 14 Greek regional airports ahead of the official delivery of the airports and following the implementation of most of the required prior actions.
Net profits fall 53 pct for Aegean in 2016
Aegean Airlines’ full year report for 2016 show that net profits fell sharply over the course of the year.
US market leads Titan’s strong 2016 results
Titan Group recorded a significant improvement in profitability in their full year results for 2016, thanks to the continuing growth of the US market and the recovery of results in Egypt.
ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG.