Economy
Stocks down by another 1.4 pct over week as Brussels talks prove inconclusive
The Greek equity market headed south for the third successive week, dropping at an accelerating pace of 1.4 percent from 0.6 percent in the previous week.
Travel receipts drop 2.4 pct in Jan following lower foreign arrivals
Greece's travel receipts fell by 2.4 percent to 164.8 million euros in January, Bank of Greece (BoG) figures showed on Friday.
Budget primary surplus outperforms in 2-month, tax revenues underperform in Feb
The budget primary surplus was confirmed at 2.14 billion euros in the 2-month period of 2017, down by 25.2 percent from last year’s figure of 2.85 billion, the Finance Ministry (MoF) final budget execution bulletin revealed on Friday.
Fraport reveals airport plans as major privatisation overcomes obstacles
Fraport presented on Wednesday its plan for the modernisation and development of 14 Greek regional airports ahead of the official delivery of the airports and following the implementation of most of the required prior actions.
Net profits fall 53 pct for Aegean in 2016
Aegean Airlines’ full year report for 2016 show that net profits fell sharply over the course of the year.
US market leads Titan’s strong 2016 results
Titan Group recorded a significant improvement in profitability in their full year results for 2016, thanks to the continuing growth of the US market and the recovery of results in Egypt.
ECB increases ELA ceiling for Greek banks by 400 mln for first time since summer 2015
The Bank of Greece (BoG) said on Thursday that the European Central Bank increased the Emergency Liquidity Assistance (ELA) ceiling for Greek banks by 400 million euros to 46.6 billion following a request made by BoG.
Current account deficit narrows to 271 mln in Jan
Greece’s current account (C/A) deficit narrowed to 271.1 million euros in January 2017 from 771.4 million a year ago, Bank of Greece (BoG) figures showed on Thursday.
Industrial turnover surges 26.9 pct in Jan, also reflecting low base effect
Greece’s Turnover Index in Industry soared by 26.9 percent in January after an upward revised double-digit growth of 14.7 percent in December, Hellenic Statistical Authority (ELSTAT) data revealed on Wednesday.
No return of institutions after Eurogroup but talks to continue in Brussels
Monday’s Eurogroup in Brussels proved inconclusive as far as the Greek review is concerned but did result in some hope that efforts to conclude the review would intensify in the coming days.