Economy
Budget primary surplus at 2.90 bln in August
The budget primary balance recorded a surplus of 2.90 billion euros in the first eight months of 2019, compared to a surplus of 1.12 billion noted in August 2018, the preliminary Finance Ministry (MoF) budget execution bulletin showed on Monday.
Fiscal issues top agenda as fourth post-MoU review gets underway
The fourth post-programme review is due to begin in Athens on Monday, with fiscal issues expected to top the agenda as the government prepared to include the tax cuts announced by Prime Minister Kyriakos Mitsotakis in the 2020 draft budget.
Aegean Airlines net loss edged down to 13 mln in H1
Aegean Airlines’ revenues rose by 14 percent in the first half (H1) of 2019 while losses eased by 5 percent.
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.