Economy
Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
Credit contraction in the Greek market came to 0.6 percent in February, improving from a contraction of 1.1 percent in January, Bank of Greece (BoG) figures showed on Thursday.
Economic sentiment stays at 101.3 in March
Greece’s economic sentiment (ESI) remained unchanged month-on-month at 101.3 points in March, European Commission (EC) figures revealed on Thursday.
Talks on primary residences continue as bill proceeds through Parliament
The government’s draft law on the protection of primary residences is on the way to be adopted by Parliament but negotiations between Athens and the institutions regarding the details of the new scheme are continuing.
OPAP full-year results for 2018 show net profit rise of 13.7 pct on VLT revenues
The full-year financial results of the Greek Organisation of Football Prognostics (OPAP), Greece’s leading game operator and Europe’s fourth-biggest betting firm show that gross gaming revenues grew by 6.3 percent in 2018 compared to 2017.
Mytilineos Group's turnover unchanged in 2018, net profits decline 8.7 pct
The full-year 2017 financial report from the industrial conglomerate Mytilineos Group has highlighted that turnover remained largely unchanged year-on-year (YoY) 1.53 billion euros.
Main residence draft law shows signs of compromise in several areas
After weeks of back-and-forth with the institutions, the Greek government submitted to Parliament late on Tuesday the main part of the draft legislation relating to primary residences.
Primary surplus confirmed at 822 mln in Feb
The budget primary balance was confirmed at a surplus of 822 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) final budget execution bulletin for February showed on Tuesday.
No breakthrough in discussions over protection for main homes
Monday’s meeting of the Euro Working Group (EWG) did not see any breakthrough in the talks between the Greek government and its lenders over the new framework for the protection of primary residences.
Viohalco revenues jump, net profits show slight rise for 2018
Industrial giant Viohalco’s full-year results for 2018 showed that the company’s revenue rose by 18 percent year on year from 3.72 billion euros in 2017 to 4.41 billion in 2018.
Titan Cement net profits rise by 26.2 pct in 2018
Titan Cement’s full-year financial results for 2018 showed that turnover edged down by 1 percent across 2018.