Economy
EC sees lower growth in 2017 but no concerns for fiscal targets
The European Commission remains optimistic about the Greek economy’s prospects in its Autumn forecasts, which were released on Thursday.
Industrial production grows by 2.4 pct in Sept
Greece’s Industrial Production Index (IPI) increased by 2.4 percent in September after a mild downward revision of August’s figure to 5.5 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday.
Minister proposes way forward for auctions as pressure mounts from banks, creditors
After discussions with notaries on Wednesday, the Greek government has proposed a way of overcoming concerns about their safety during auctions of properties that have been repossessed by banks.
CPI grows by 0.7 pct in October, positive for 10 successive months
Greece’s Consumer Price Index (CPI) rose by 0.7 percent in October, posting a slight decline from the 1 percent rise of September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday.
Unemployment falls again in August, edging down to 20.6 pct
Greece’s seasonally adjusted (SA) unemployment rate fell to 20.6 percent in August after a downward revised 20.9 percent in July, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
OTE's revenues fall by 0.8 pct in nine-month period
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the nine-month period of 2017 fell by 0.8 percent.
Effort to end notaries' strike amid concern for auctions, NPLs
The Greek government is searching for a way to overcome the concerns raised by notaries regarding property auctions, which has led to the latter group refusing to take part in any more such transactions this year.
Car sales rise by 34.4 pct in October
Road motor vehicles going into circulation for the first time rose by 34.4 percent in October from 30.1 percent in September, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Investors voice concerns about delays to Hellenikon as mine talks falter
The development of the former airport at Hellenikon is once again under scrutiny as investors voiced their worries that only one of 10 actions needed to start the project have been completed.
Trade deficit declines by 3.8 pct in September as exports outpace imports
Greece’s trade deficit fell by 3.8 percent in September after a rise of 31.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.