Economy
Next key programme developments due in April as Athens shapes growth strategy
Monday’s Eurogroup is not expected to deliver any significant decisions regarding Greece’s fourth programme or its post-MoU framework.
Trade deficit falls by 14.8 pct in January on sharp rise in exports
Greece’s trade deficit fell substantially by 14.8 percent in January compared to a decline of 0.8 percent in December according to data from the Hellenic Statistical Authority (ELSTAT) released on Friday.
Car sales up by 33.1 percent in February
Road motor vehicles going into circulation for the first time rose by 33.1 percent in February, slowing from the increase of 44.3 percent noted in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Turnover in tourism sector up 7 pct in Q4, increasing by 9.9 pct in 2017
The turnover index in accommodation and food services remained positive for a sixth successive quarter in Q4 2017, growing by 7 percent after an upward revision for Q3 to 14.7 percent, ELSTAT figures showed on Friday.
Consumer price index turns positive in February with 0.1 pct rise
Greece’s Consumer Price Index (CPI) increased by 0.1 percent in February, marginally rebounding from the negative territory of -0.2 percent in January, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
Clearer roadmap for completion of third programme emerging
The roadmap ahead for Greece had gradually started taking shape as Athens enters the final six months of its programme and gets a clearer picture on the key dates and deliverables.
Unemployment rate at 20.8 pct in Dec as employed rise by 107,687 in 2017
Greece’s seasonally adjusted (SA) unemployment rate came to 20.8 percent in December, after November’ figure was revised upward to 21 percent, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Tight schedule ahead for Athens and lenders in build-up to MoU exit
The Greek government has denied that Athens and the institutions are considering extending the third programme, which ends in August.
Rating agencies up Greece's scores, adding to positive outlook
The latest round of rating activity for Greece by the three leading agencies left Greece with improved credit scores by all raters and sustained the positive outlook for the country’s prospects.
Jumbo posts 11.1 pct rise in net profits in H1 2017
Greek retailer Jumbo posted their financial results for the first half (H1) of their financial year, covering July to December 2017, which showed that turnover rose by 10.2 percent during the period.