Economy
Lamda Development reports net loss of 51.7 mln in 2020
Property developer Lamda Development’s full year results for 2020 show a net loss of 51.7 million euros, from a net profit of 49.9 million in 2019.
Wages index up by 4.5 pct YoY in Q4 2020, rises by 3.1 pct QoQ
Greece’s seasonally adjusted (SA) Wages Index increased 4.5 percent year-on-year (YoY) in the fourth quarter (Q4) of 2020, following a rise of 3 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.
New tax debt at 1.63 bln February, rising by 1.03 bln month-on-month
The month-on-month rise in Greece's new tax debt came to 1.03 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
Building permits increase by 6.4 pct in January
Building permits increased by 6.4 percent year-on-year (YoY) in January after a drop of 0.7 percent seen in December, Hellenic Statistical Authority (ELSTAT) data released on Monday showed.
Aegean Airlines posts 2020 loss of 227.9 mln as Covid batters air travel
Aegean Airlines reported a 68.3 percent plunge in revenue in 2020 compared to the year before as the Coronavirus pandemic curtailed air travel.
CPI down by 1.6% in March, marking 12-month continuous drop
Greece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year in March, following a drop of 1.3 percent in February and a decline of 2 percent in January, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Car sales almost double in March from level at start of pandemic
Road motor vehicles going into circulation for the first time rose by 98.5 percent in March compared to a drop of 16.4 percent in February, Hellenic Statistical Authority (ELSTAT) data showed.
Industrial production up by 4.4% in February
Greece’s Industrial Production Index (IPI) rose by 4.4 percent year-on-year (YoY) in February following a revised increase of 3.5 percent in January, Hellenic Statistical Authority (ELSTAT) data revealed on Friday.
IMF expects modest recovery, lingering debt but primary surplus to return swiftly
Within the context of its Spring meetings, the IMF updated its macroeconomic and fiscal estimates for Greece in the World Economic Outlook and the Fiscal Monitor publications.
EYDAP reports net loss of 66.1 mln for 2020 on one-off provisions
The Athens Water Supply and Sewage Company (EYDAP) released its full year financial results for 2020, showing that turnover rose 2 percent, coming in at 330.7 million euros versus 323.7 million euros in 2019.