Economy
After calm summer, hectic September lies ahead for Greek government
Although August appears to be a relatively quiet month for the government, particularly compared to the previous months and last year, there is a list of 15 prior actions the government is supposed to implement by mid-September to receive the next aid tranche of 2.8 billion euros.
Car sales soar 42.9 pct in July, also reflecting a low base effect
The number of road motor vehicles (going into circulation for the first time) surged 42.9 percent in July after a short-lived drop of 2.5 percent in June, Hellenic Statistical Authority (ELSTAT) data displayed on Monday.
CPI tumbles by 1 pct in July
Τhe Greek Consumer Price Index (CPI) dropped at an accelerating pace of 1 percent in July after a 0.7 percent decline in June, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Greek stocks fall 1.5 pct, banks underperform for third straight week
The Greek stock market ended down 1.5 percent this week on relatively light trading that was a reflection of the negative international sentiment that prevailed in the beginning of the week.
Trade deficit falls by 3.1 pct in June
Greece’s trade deficit dropped by 3.1 percent in June after a double-digit increase in the preceding two months, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
SETE study presents short- and longer-term prospects of Greek tourism
The Association of Greek Tourism Enterprises (SETE) published on Thursday the first issue of a periodical study outlining the developments and prospects of Greek tourism.
General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln
Greece’s general government (gg) primary cash surplus expanded considerably to 3.33 billion euros in the first half of 2016 from just 245 million in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Thursday.
Metka profits decline in H1 2016
Engineering group Metka which specialises in large-scale projects in energy, infrastructure and defence sectors has posted its H1 2016 results.
New tax arrears rise by 1.22 bln in June, total stock almost at 90 bln
Greece’s new unpaid taxes increased by another 1.22 billion euros in June, in line with the 1.25 billion rise recorded in May, General Secretariat of Public Revenues (GSPR) data displayed on Thursday.
Unemployment rate stable at 23.5 pct in May after upward revision for April
Greece’s seasonally adjusted (SA) unemployment rate remained stable at 23.5 percent in May after the April figure, initially reported at 23.3 percent, was increased to the same figure, the Hellenic Statistical Authority’s (ELSTAT) labour force survey showed on Thursday.