Economy
Folli Follie net profits rise 17 pct in H1 2017
Jewellery and fashion accessory designer and retailer Folli Follie has reported a 10.8 percent increase in revenues for the second quarter (Q2) of 2017 compared to the same period last year.
Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
Greek banks’ Eurosystem funding fell for 26 successive months in August when it fell by a further 5.1 billion euros, Bank of Greece's (BoG) monthly financial statement revealed on Thursday.
Net job hirings turn negative by 14,402 in August to highest aggregate figure on record
The employment balance turned to negative territory in August posting a negative figure of 14,402 as departures outpaced hirings, data from the Labour Ministry’s Ergani information system revealed on Thursday.
Budget primary surplus at 3.55 bln in 8-month, below target on lower revenues, higher tax refunds
The budget primary balance recorded a surplus of 3.55 billion euros in the first eight months of 2017, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Thursday.
Unemployment rate edges down to 21.1 pct in Q2, lowest since Q4 2011
The Greek non-seasonally-adjusted unemployment rate fell to 21.1 percent in the second quarter (Q2) of 2017 from 23.3 percent in Q1 2017, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Turnover in tourism sector up 7.3 pct in Q2 for fourth straight rise
The Turnover Index in Accommodation and Food Services increased for the fourth straight quarter in Q2 2017, picking up by 7.3 percent following a slight downward revision to 0.9 percent in Q1, ELSTAT figures showed on Wednesday.
OPAP gross revenue rises by 1.4 pct but net profits fall in H1 2017
The Greek Organisation of Football Prognostics (OPAP) has released its results for the first half (H1) of the year, showing that gross gaming revenues (GGR) rose by 1.4 percent during the period compared to the same time last year.
Aegean Airlines net loss eases to 20 million in H1
Aegean Airlines’ revenues rose by 12 percent in the first half (H1) of 2017 while losses eased by 15 percent.
Building activity rises by 9 pct in June, permits above 1,000 for fourth month
Building permits rose by 9 percent in June compared to 45.7 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
Sharp rise of 2.01 bln in July for unpaid taxes
Greece’s new tax debt rose rose sharply to 2.01 billion euros in July, almost three times the figure of 727 million euros in June, the Independent Authority of Public Revenues’ (IAPR) data revealed.