Economy
Eurosystem funding drops by 464.8 mln in August
Greek banks’ Eurosystem funding fell by 464.8 million euros month-on-month (MoM) in August according to the monthly Bank of Greece's (BoG) financial statement.
Turnover in services shows improvement in Q2 2019
Turnover indices for the services sector recorded an improvement in the second quarter (Q2) of 2019, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
ND aims to show progress at Eurogroup but QE unattainable for now
Finance Minister Christos Staikouras was due on Friday to take up the government’s drive to convince Greece’s eurozone partners that the country is on the right track following this summer’s elections.
Unemployment drops to 16.9 pct in Q2, hitting eight-year low
The Greek non-seasonally-adjusted unemployment rate stood at 16.9 percent in the second quarter (Q2) of the year, dropping notably from a rate of 19.2 percent noted in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Building permits increase by 4.7 pct in June
Building permits rose by 4.7 percent year-on-year (YoY) in June compared to a rise of 7.4 percent in May, Hellenic Statistical Authority (ELSTAT) data released on Thursday showed.
Mytilineos H1 2019 turnover rises 38.2 pct
The industrial conglomerate Mytilineos S.A has released its half year (H1) 2019 report which showed that turnover rose by 38.2 percent year-on-year.
Sarantis Group net profits increase by 15.3 pct
Consumer product producer and retailer Sarantis Group’s results for the first half (H1) of the year showed that turnover improved by 7.4 percent during the period.
OPAP H1 net profits increase by 39 pct
The Greek Organisation of Football Prognostics (OPAP) has released its results for the first half (H1) of the year, showing that gross gaming revenues (GGR) rose by 5.7 percent during the period compared to the same time last year.
Turnover in tourism rises by 12.9 pct in Q2
The turnover index in accommodation and food services rose by 12.9 percent year-on-year (YoY) in the second quarter (Q2), reversing a negative reading of 19.2 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures showed on Wednesday.
Wages index up by 2.2 pct in Q2 for ninth straight increase
Greece’s seasonally adjusted (SA) Wages Index rose by 2.2 percent year-on-year (YoY) in the second quarter (Q2) of 2019, following an increase of 1.8 percent in Q1, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.