Economy
Eurobank net profits at 256.7 mln in 2019
Eurobank recorded net profits of 107.6 million euros in the fourth quarter (Q4) of 2019 compared to net profits of 59 million in Q3.
Unemployment reaches 16.8 pct in Q4
The Greek non-seasonally-adjusted unemployment rate stood at 16.8 percent in the fourth quarter quarter (Q4) of the year, increasing from a rate of 16.4 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Building permits increase by 50.3 pct in December and 12.6 pct in 2019
Building permits rose by 50.3 percent year-on-year (YoY) in December compared to a rise of 12.4 percent percent in November, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.
Wages index down by 0.1 pct in Q4 2019
Greece’s seasonally adjusted (SA) Wages Index edged down by 0.1 percent year-on-year (YoY) in the fourth quarter (Q4) of 2019, following a drop of 1.2 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Thursday.
More fiscal measures lined up as Covid-19 seen shaving up to 0.9 pts off 2020 growth
The government is lining up more fiscal measures to prop up the economy as forecasters becoming increasingly gloomy about the impact of the coronavirus.
Car sales rise by 7.7 pct in February
Road motor vehicles going into circulation for the first time rose by 7.7 percent in February, compared to a rise of 8.3 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Turnover in tourism rises by 4.8 pct in Q4
The turnover index in accommodation and food services rose by 4.8 percent year-on-year (YoY) in the fourth quarter (Q4), slowing from an increase of 6.1 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
Overdue social security contributions edge down to 35.38 bln in Q4
The stock of unpaid social security contributions (SSCs) decreased to 35.38 billion in the fourth quarter (Q4) of 2019, declining by 159 million compared to the figure of 35.54 billion euros registered in the third quarter (Q3) of 2019, the Centre for the Collection of Social Security Arrears (KEAO) revealed.
Industrial production declines by 1.2 pct in January
Greece’s Industrial Production Index (IPI) dropped by 1.2 percent in year-on-year (YoY) in January compared to a downward revised drop of 4.2 percent in December according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.
CPI edges up by 0.2 pct in February
Greece’s Consumer Price Index (CPI) rose by 0.2 percent year-on-year (YoY) in February, staying positive for a third consecutive month, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.