Economy
Energy at forefront as Athens prepares for creditors’ return
Athens has reached a comprehensive agreement on energy issues, which was one of the biggest obstacles in the way of a staff-level agreement (SLA) being secured by December 4.
NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
National Bank of Greece (NBG) reported a net loss of 35 million euros in the third quarter (Q3) of 2017, slowing from a loss of 156 million euros in Q2.
Fourlis Group's nine-month net profits grow to 4.3 mln
Fourlis Group, a leading group of companies in Greece and the Balkans for consumer durable goods, reported a slight increase of 0.6 percent for sales in the nine-month period up to the end of September.
Final budget sees strong growth, fiscal overperformance in 2018
The Finance Ministry tabled in Parliament on Tuesday evening the final version of the 2018 budget, which the government hopes will be the last budget of the memorandum era as the current European Stability Mechanism programme is set to be completed in August next year.
Travel balance up by 17.2 pct in September on higher receipts, lower payments
Greece’s travel receipts increased by 15.5 percent in September compared to the 16.4 percent increase noted in August, Bank of Greece (BoG) data revealed on Tuesday.
ADMIE affiliate IPTO sees 2.2 pct revenue rise in nine-month results
Greece’s Independent Power Transmission Operator (ADMIE) Holding SA reported its results for the first nine months of its first fiscal year of operation which showed that total revenues from its affiliate IPTO SA rose by 2.2 percent.
Industrial turnover falls by 0.8 pct in Sept, down for first time since Oct 2016
Greece’s industrial turnover fell by 0.8 percent in September after upwardly revised growth of 6.3 percent in August, according to Hellenic Statistical Authority (ELSTAT) data published on Monday.
Current account surplus at 1.21 bln in September on services balance growth
Greece’s current account (C/A) balance recorded a surplus of 1.21 billion euros in September from 864.8 million a year ago, Bank of Greece (BoG) figures showed on Monday.
Deal seen on energy liberalisation as third review SLA edges closer
Just a few days are left before the institutions return to Athens in search of Staff-Level Agreement (SLA) before the December 4 Eurogroup and it appears that one of the big-ticket items in the third review has been settled.
Grivalia Properties net profits rise by 87 percent in nine-month results
Grivalia Properties’ results for the nine-month period ending in September 2017 showed that revenues increased by 5.4 percent.