Economy
Range of issues unresolved as programme talks resume in Athens
The Greek government and the mission chiefs representing its lenders are scheduled to resume discussions on the first programme review in Athens on Monday afternoon after a two-week break for Catholic Easter.
Greek corporate lending rates up to 250 bps higher than eurozone average
Greek households’ new time deposit rate fell by 10 basis points (bps) to 0.91 percent in February after remaining broadly stable in the preceding two months, Bank of Greece (BoG) figures showed on Monday.
Greek stocks advance 2.6 pct for second straight week on improved investor sentiment
The Greek stock market headed north for the second straight week rising by 2.6 percent from 1.5 percent in the previous week amid increased optimism that an agreement with institutions on the first programme review would be reached in the next few weeks.
PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1
Greece’s Manufacturing PMI improved 0.6 points to 49 in March from 48.4 in February, Markit’s survey showed on Friday.
Viohalco ups consolidated revenue by 11.3 pct
Industrial giant Viohalco has released its 2015 financial statements, outlining the group’s performance during a challenging year for commodities.
Ellaktor turnover drops for 2015
The Ellaktor Group of companies’ financial results for the financial year 2015 showed a consolidated group turnover for 2015 to the tune of 1.5 billion euros, a 0.7 percent increase compared to 2014.
Folli Follie Group posts strong 2015 performance
Folli Follie Group’s 2015 financial statement shows that the jewellery and fashion accessory designer and retailer finished the year with a 19.5 percent increase in consolidated revenues.
Strong growth in construction during 2015 for GEK Terna
Greek construction and energy group GEK Terna has released its financial statements for the year 2015 which show that the consolidated sales for the group amounted to 971.8 million euros compared to 923.9 million in 2014, an increase of 5.1 percent
EYDAP sees 4.1 pct post-tax earnings increase in 2015
The Athens Water Supply and Sewerage Company (EYDAP) posted an increase in earnings after tax of 4.1 percent in its annual financial statement for 2015.
Lamda Development reports loss of 22.1 mln in 2015
Property developer Lamda Development has posted a 2015 net loss of 22.1 million euros, down from 2014’s net loss of 23.5 million.