MacroPolis

PPC posts net loss of 353.2 mln in 9M as energy mix charges hit

Greece’s majority state-owned Public Power Corporation’s (PPC) nine-month (9M) results showed that turnover rose by 3.4 percent year-on-year (YoY).

ADMIE Holdings posts income of 32.8 mln, affiliate profits up to 63.4 mln in 9M

ADMIE Holding SA reported its results for the first nine months (9M) of the year, which showed that total income from its affiliate the Independent Power Transmission Operator (IPTO SA) rose to 32.5 million. Net profits came to 32.8 million euros.

Retail turnover increases by 4.5 pct in Sept, volume edges up by 5.1 pct

Greece’s retail sales index increased by 4.5 percent in September, following a revised increase of 2.5 percent in August, Hellenic Statistical Authority (ELSTAT) data showed on Friday.

Credit contraction at 0.2 pct in October, balance at 156.63 bln

Credit contraction in the Greek market came to 0.2 percent in October from 0.5 percent in September, Bank of Greece (BoG) figures showed on Thursday.

Deposits rise by 643 mln in October

Net deposit movements in the Greek banking system were positive by 643 million euros in October, following outflows of 622 million in September, Bank of Greece (BoG) figures revealed on Thursday.

Economic sentiment at 107 in November, consumer confidence continues to strengthen

Greece’s economic sentiment (ESI) edged up by 0.3 points in November to reach 107 points, European Commission (EC) figures showed on Thursday.

OPAP net profits rise by 33.6 pct in 9M on higher VLT revenues

The Greek Organisation of Football Prognostics (OPAP) has released its results for the first nine months (9M) of the year, showing that gross gaming revenues (GGR) rose by 6 percent compared to the same time last year.

Government opts for modest tax relief, but who will benefit?

By: Georgia Nakou

The government tabled its much-anticipated tax relief package in Parliament on Tuesday night, making good on some of its pre-election pledges.

Motor Oil Hellas net profits drop by 20.8 pct in 9M

Motor Oil Hellas’ financial results for the first nine months (9M) of 2018 show that group revenues increased by 1.3 percent compared to the same time last year.

Focus shifts to DSA, fiscal targets after IMF loan prepayment

The Greek Finance Ministry announced on Monday that the process of prepaying some of the outstanding obligations to the IMF has been completed after Athens paid ahead of time 2.7 billion euros.