Economy
Coca Cola HBC net profits up by 36.9 pct in H1 to 191 mln
Coca-Cola HBC’s first-half (H1) 2017 results show that net profits jumped by 36.9 percent to 191.6 million euros versus 140 million for the same period last year.
Mytilineos H1 2017 net profits increase to 80.7 mln
The industrial conglomerate Mytilineos S.A has released its half year (H1) 2017 reports which showed that turnover rose by 27.6 percent compared to the same time last year.
CPI up by 1 pct in July for seventh straight rise
Greece’s Consumer Price Index (CPI) grew by 1 percent in July, remaining at the same level as June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Car sales increase by 28.3 pct in July
Road motor vehicles (going into circulation for the first time) rose by 28.3 percent in July, a marginal increase on June’s rise of 28.2 percent, Hellenic Statistical Authority (ELSTAT) data showed on Tuesday.
Industrial production grows 1.6 pct in June, slowing from May
Greece’s Industrial Production Index (IPI) increased by 1.6 percent in June following upwardly revised growth of 6.3 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
New overdue tax obligations reach 727 mln in June, total at 95.6 bln
Greece’s new tax debt rose to 727 million euros in June, up slightly from 717 million euros in May, the Independent Authority of Public Revenues’ (IAPR) data revealed.
Privatisation plan inches along as groups express interest in DESFA
The Hellenic Republic Asset Development Fund (HRADF) announced on Monday that six consortiums had expressed an interest in a 66 percent stake in Greece’s natural gas transmission operator DESFA.
Net job hirings slow to 7,242 in July, lowest since January
The employment balance remained in positive territory in July, although net hirings dropped by around 12,039 to 7,242 from 19,281 a year ago data from the Labour Ministry’s Ergani information system revealed on Monday.
Trade deficit drops by 0.9 pct in June as exports outpace imports
Greece’s trade deficit dropped by 0.9 percent in June after rising by 14.2 percent in May, Hellenic Statistical Authority (ELSTAT) data showed on Monday.
Capital controls to ease further from the beginning of September
Individuals will be able to withdraw a lump sum of up to 1,800 euros per calendar month from September 1 as part of government moves to further relax the capital controls in place since 2015.