Economy
Revenues up by 19 pct for Viohalco in 2017 as commodity prices rebound
Industrial giant Viohalco’s full year results for 2017 showed that the company’s revenue rose by 19 percent year on year from 3.12 billion euros in 2016 to 3.72 billion euros. Higher sales were achieved across all underlying sectors.
Green light for next bailout funds as Commission stands ground on post-MoU scenarios
It was confirmed on Thursday that the path is now clear for Greece to receive its 5.7-billion-euro tranche after completing the third review.
Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
Greece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday.
New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
Greece’s new tax debt increased by 766 million euros in January from 1.30 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Wednesday.
Still facing pile of bailout tasks, Athens looks ahead to post-MoU actions
Despite being under pressure to complete the 88 prior actions that make up the fourth review, the Greek government is also looking ahead to its tasks after the end of the programme, which is scheduled for August.
Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
Alpha Bank reported net profits of 21.1 million euros for the full year of 2017. Net profits from 2016 stood at 42.1 million, resulting in an annual decline of 50.1 percent.
Greek banks' NPL selloff gathers speed
Amid the final stretch for Greece ahead of exiting its programme in August, there is one point of discussion that negotiations keep returning to, that of the bad loans plaguing the country’s banking system.
Primary cash surplus at 6.34 bln in Feb as expenditure, interest payments fall
Greece’s central government primary cash surplus recorded a surplus of 6.34 billion euros in February, Bank of Greece (BoG) figures showed on Monday.
Finance Ministry waits for new property values as talk of bad bank gathers pace
The government is hoping to move closer to the completion of a key prior action this week, when evaluators submit the results of their work on the new “objective” property values that will be used by the Finance Ministry to calculate this year’s ENFIA real estate tax.
Aegean Airlines posts net profits of 60.4 mln in 2017, up 87 pct
Aegean Airlines’ full year financial results for 2017 reported a rise of 11 percent in revenue compared to the previous year.