Economy
OPAP revenues up by 4.1 pct in 2017, net profits drop by 25.9 pct
The full year financial results of the Greek Organisation of Football Prognostics (OPAP), Greece’s leading game operator and Europe’s fourth-biggest betting firm show that gross gaming revenues grew by 4.1 percent in 2017 compared to 2016.
Doubts about whether package deal with lenders is feasible by June
The completion of the fourth review and the possibility that a delay in ticking off the 88 prior actions could push Greece and its lenders to the limit is back in focus this week.
Credit contraction at 1 pct in February on lower household, and corporate lending
Credit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8 percent in January according to Bank of Greece (BoG) figures released on Tuesday.
February deposit balance positive by 59 mln, reversing previous month's outflow
Net deposit movement in the Greek banking system returned to positive territory in February with inflows of 59 million compared to outflows of 1.40 billion euros in January, Bank of Greece (BoG) figures revealed on Tuesday.
Economic sentiment drops in March after reaching recent high, consumer confidence stable
The strong recovery trend in Greece’s economic sentiment (ESI) stopped in March as it dropped by 4.5 points to 99.8, from 104.3 in February, data from the European Commission (EC) showed on Tuesday.
Hellenic Exchanges records net profits of 3.1 mln in 2017
The full year financial results for the Hellenic Exchanges-Athens Stock Exchange (ATHEX) showed that the group’s turnover increased by 2.6 percent.
Eurosystem funding drops by 2.80 bln in February, led by ELA reduction
Greek banks’ Eurosystem funding fell by around 2.80 billion euros in February, Bank of Greece's (BoG) monthly financial statement revealed on Tuesday.
Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
Greece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday.
Budget primary surplus confirmed at 2.75 bln in February
The budget primary balance was confirmed at a surplus of 2.75 billion euros in the first two months of 2018, up by 28.9 percent against last year’s figure of 2.14 billion euros, the Finance Ministry (MoF) final budget execution bulletin showed on Monday.
Greece's immediate focus on prior actions and growth plan
The clock is ticking for the Greek government regarding the 88 prior actions of the fourth review and the submission of the new growth plan to the institutions.