Economy
Apartment prices fall by 1.5 pct in Q3 for slowest drop since 2009
Apartment prices in Greece fell at a slower pace of 1.5 percent in the third quarter (Q3) of 2016, following a revised drop of 2.6 percent in Q2, Bank of Greece (BoG) data showed on Monday.
Current account surplus widens to 1 bln in September
Greece’s current account (C/A) surplus expanded by more than 104 million euros or 11.5 percent from last year to reach 1.01 billion in September from 904 million a year ago, Bank of Greece (BoG) figures displayed on Monday.
Greece and lenders make headway on review but labour reforms remain biggest obstacle
After a three-day break, discussions between Greek ministers and the mission chiefs resumed on Sunday, when the key focus was on labour and fiscal issues.
Greek stocks climb 5 pct on week led by double-digit bank gains
The Greek equity market headed north for the second straight week recording gains of 5 percent, after a rise of 1.5 percent in the previous week. The upswing was mainly fuelled by banks, which soared 17.9 percent.
Central government debt drops to 323.7 bln in Q3 on bond repayments
Greece’s central government debt dropped by 4.63 billion euros quarter on quarter (QoQ) to 323.71 billion in Q3 from 328.34 billion in Q2, according to the Finance Ministry (MoF) debt bulletin.
Industrial turnover rises at accelerating pace of 9.4 pct in Sept
Greece’s Turnover Index in Industry increased at a sharper pace of 9.4 percent in September, after an upward revised growth of 2.1 percent in August, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.
Talks on bailout review head for crucial weekend
After a temporary break on Thursday, when discussions between the Greek authorities and lenders continued at technical level, negotiations are expected to intensify over the weekend ahead of the tabling of the 2017 budget on Monday.
Primary cash surplus to Oct at 4 bln, including arrears repayment of 2.2 bln
Greece’s central government primary cash surplus fell by 875 million eurso to 3.97 billion in the 10-month period of 2016 from 4.84 billion a year ago, Bank of Greece (BoG) figures displayed on Thursday.
Greece, lenders inch forward after talks on settlement of tax and bank debt
Discussions between the Greek ministers and the institutions’ mission chiefs continued on Wednesday with the key focus on the out-of-court workout.
Eurobank records net profits of 85 mln in Q3, updates on NPE reduction targets
Eurobank posted an improvement in net profits to 85.4 million in the third quarter (Q3) of 2016 from 46.2 million in the previous quarter.