Economy
Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
Discussions between the Greek government and its European lenders are continuing with the aim of the outstanding actions from the second post-programme review being completed by March 25, when the Euro Working Group (EWG) is due to meet.
Jumbo reports 9.2 pct rise in net profits in H1
Greek retailer Jumbo posted their financial results for the first half (H1) of their financial year, covering July to December 2018, which showed that turnover rose by 7.6 percent during the period.
Wages index up by 4.9 pct in Q4 to reach highest level since 2012
Greece’s seasonally adjusted (SA) Wages Index rose by 4.9 percent year-on-year (YoY) in the last quarter of last year, following a rise of 4.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.
IMF outlines areas in which Greece needs further reforms, where it should apply caution
The International Monetary Fund (IMF) issued on Tuesday its first post-programme report for Greece as part of the regular monitoring cycle of assessing policies and the country’s capacity to repay the Fund.
Car sales rise by 15.7 pct in Feb
Road motor vehicles going into circulation for the first time rose by 15.7 percent in February after a rise of 9.2 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Building permits down by 7.5 pct in Dec but up by 10.3 pct during 2018
Building permits decreased by 7.5 percent year-on-year (YoY) in December, dropping from a rise of 18 percent noted in November, Hellenic Statistical Authority (ELSTAT) data released on Tuesday showed.
CPI rises by 0.6 pct in Feb for tenth consecutive monthly increase
Greece’s Consumer Price Index (CPI) rose by 0.6 percent in February from 0.4 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Disbursement delayed until April as lenders wait for primary residence law to be settled
As seemed likely following the European Commission’s second enhanced surveillance report last month, Monday’s Eurogroup did not lead to the activation of the latest round of debt relief measures for Greece.
PDMA releases details of 10-year bond, highlighting strong interest
Greece’s Debt Management Agency (PDMA) has provided the details of the country’s second bond issuance of the year last week, which was the first 10-year benchmark since 2010 – a last foray before Athens lost market access and signed the first bailout.
Industrial production up by 3.4 pct in Jan for third straight rise
Greece’s Industrial Production Index (IPI) grew by 3.4 percent year-on-year (YoY) in January from an upward revised figure of 1.3 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.