Economy
EYDAP increases gross profits by 8.5 percent in H1
The Athens Water Supply and Sewerage Company (EYDAP) has delivered an improved set of H1 results.
Wise men proposals on labour market reforms give Ministry bargaining basis with lenders
The Labour Ministry published on Friday the recommendations of the international committee of experts’ report on labour issues. These include the committee’s conclusions on trade unions, mass layoffs, minimum wage and collective bargaining.
Retail sales rebound by 7.1 pct in July for first time in thirteen months
The turnover of Greece’s retail trade index strongly rebounded by 7.1 percent in July after a drop of 5.2 percent in June, Hellenic Statistical Agency (ELSTAT) figures displayed on Friday.
Economic sentiment falls to 91.4 pts in September, consumer confidence notably rebounds
The economic sentiment (ESI) in Greece fell by 1.1 points in September after improving in the previous two months, the European Commission (EC) figures displayed on Thursday.
PPC’s turnover falls 8.5 pct in H1
Greece’s largest power company, the majority state-owned Public Power Corporation (PPC), has released its H1 financial statement showing that group turnover decreased by 248.8 million euros (8.5 percent) to 2.7 billion in H1 2016 compared to 2.9 billion euros in H1 2015.
Piraeus Port Authority gross profits up, revenues down in H1 2016
Piraeus Port Authority (PPA) H1 2016 results show that despite a total of 28 days of striking between May and June 2016, the company was able to more or less preserve its performance.
Greece slips five places to 86th in global competitiveness rankings
Greece’s saw its competitiveness drop five places to 86th in a list of 138 countries, according to the Global Competitiveness Report 2016-17 published by the World Economic Forum (WEF) on Wednesday.
New overdue taxes climb 1.4 bln in Aug, total stock edges up to 91.6 bln
Greece’s new tax debt climbed to 1.37 billion euros in August from 811 million in July, General Secretariat of Public Revenues (GSPR) data shows.
Credit contracts by 1.7 pct in August, loans balance at its lowest since 2007
Credit contraction in the Greek market slightly accelerated to 1.7 percent in August from 1.6 percent in the previous month, Bank of Greece (BoG) figures displayed on Friday.
Deposits grow by 1.3 bln in August, highest inflow in 2016
Deposit flow in the Greek market turned positive with inflows of 1.33 billion in August from outflows of 153 million in July, Bank of Greece (BoG) figures showed on Tuesday. The headline figure indicates the highest positive flow in the course of this year.