Economy
ADMIE Holdings income rises to 42.4 mln, affiliate profits grow to 85.6 mln in 2018
ADMIE Holding SA’s 2018 financial results have shown that total income from its affiliate the Independent Power Transmission Operator (IPTO SA) rose by 76.3 percent to 42.4 million. Net profits came to 42.3 million euros in 2018 compared to 23 million euros in 2017.
Motor Oil Hellas turnover rises but net profits decline by 18.3 pct in 2018
Motor Oil Hellas’ full year financial results for 2018 show that turnover increased by 21 percent compared to 2017.
Hellenic Exchanges net profits fall by 1.6 pct in 2018
Athens Stock Exchange’s (ATHEX) full year results for 2018 showed that group turnover was down by 3 percent year-on-year (YoY) at 26.6 million euros compared to 27.4 million in 2017.
Primary cash surplus at 832 mln in February
Greece’s central government primary cash balance recorded a surplus of 832 million euros in the first two months of the year, Bank of Greece (BoG) figures have shown.
Displaying seasonal features, Feb hirings balance beats last year by 11,212 jobs
The employment balance turned sharply positive in February with 27,840 more hirings than departures during the month, data from the Labour Ministry’s Ergani information system showed.
Budget primary balance at 823 mln in Feb, beating target with help of higher revenues
The budget primary balance recorded a surplus of 823 million euros in the first two months of 2018, down significantly against last year’s figure of 2.70 billion euros, the Finance Ministry (MoF) preliminary budget execution bulletin showed on Friday.
Unemployment rate inches up to 18.7 pct in Q4
The Greek non-seasonally-adjusted unemployment rate stood at 18.7 percent in the fourth quarter (Q4) of the year, edging up from the rate of 18.3 percent noted in Q3, Hellenic Statistical Authority (ELSTAT) figures showed on Thursday.
Athens and lenders continue talks on outstanding actions, aiming to conclude by March 25
Discussions between the Greek government and its European lenders are continuing with the aim of the outstanding actions from the second post-programme review being completed by March 25, when the Euro Working Group (EWG) is due to meet.
Jumbo reports 9.2 pct rise in net profits in H1
Greek retailer Jumbo posted their financial results for the first half (H1) of their financial year, covering July to December 2018, which showed that turnover rose by 7.6 percent during the period.
Wages index up by 4.9 pct in Q4 to reach highest level since 2012
Greece’s seasonally adjusted (SA) Wages Index rose by 4.9 percent year-on-year (YoY) in the last quarter of last year, following a rise of 4.6 percent in Q3, Hellenic Statistical Authority (ELSTAT) figures revealed on Wednesday.