Economy
Piraeus Port Authority's pre-tax profits rise 13 pct in 2016
The Piraeus Port Authority (PPA) has released its annual financial statement for 2016, showing that pre-tax profits increased by 13 percent during the year.
Coca-Cola HBC’s net profits grow 22.5 pct in 2016
Coca-Cola HBC’s annual results to 31 December 2016 show that net sales revenue rose by 3.0 percent on an FX-neutral basis.
Greece in inflation for first time since Feb 2013 as CPI rises 1.2 pct in Jan
Τhe Greek Consumer Price Index (CPI) rose 1.2 percent in January after zero growth in December, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Budget execution starts 2017 with primary balance outperformance on target-beating revenues
The budget primary balance recorded a surplus of 1.02 billion euros in the first month of 2017, broadly similar to that posted a year ago, the Finance Ministry (MoF) preliminary budget execution bulletin revealed on Tuesday.
Disabled rights still lacking in Greece
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The Greek crisis has seen services and funds cut across the board from pensioners to preschools. But if there is one group that has been disproportionately affected, it is the disabled.
Q4 GDP contracts 0.4 pct QoQ, growth of 0.3 pct in 2016
Greeces’ seasonally adjusted (SA) GDP fell by 0.4 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after an upward revised growth of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) flash estimates revealed on Tuesday.
Greece cleared arrears of 3.1 billion in 2016
The Greek government cleared arrears to the private sector of 565.6 million in December, according to figures published by the Finance Ministry (MoF) on Monday.
Building activity down 1.4 pct in November
Greek building permits edged down 1.4 percent in November after dropping by 5.7 percent in October, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
European Commission positive on Greece's macro and fiscal prospects
Greece is showing signs of recovery and its economy is expected to strongly rebound as of 2017 if the second programme review is completed, the European Commission (EC) notes in its winter economic forecasts published on Monday.
Greek banks stepped up write-offs in 2016, provisions increased at slowest pace since 2008
Greek banks stepped up the number of write-offs in 2016 compared to the previous years, the Bank of Greece (BoG) revealed.