Economy
Debt relief measures move ahead as Athens prepares to use fiscal space
Greece has received the green light for the latest round of debt relief measures and is set to move ahead with plans to repay part of the loans it has received from the International Monetary Fund early.
Mytilineos Group net profits rise by 20.9 pct in Q1
The industrial conglomerate Mytilineos S.A’s first quarter (Q1) results show that turnover increased notably in the first three months of this year compared to Q1 2018.
Coca Cola HBC sales revenues up by 4.4 pct in Q1
Coca-Cola HBC’s first quarter (Q1) results show that net revenues rose by 4.4 percent on a reported basis in the three-month period.
Deposit movement turns positive by 1.28 bln in March
Net deposit movement in the Greek banking system turned positive by 1.28 billion in March compared to negative outflows of 789 million euros in February, Bank of Greece (BoG) figures revealed.
PMI rises to 56.6 in April, marking 19-year high
Greece’s manufacturing PMI increased to 56.6 points in April from 54.7 points in March, according to the latest data from Markit PMI.
Primary surplus confirmed at 1.44 mln in Mar
The budget primary balance was confirmed at a surplus of 1.44 billion euros in the first three months of 2019, compared to a surplus of 1.88 billion noted in March 2018, the Finance Ministry (MoF) final budget execution bulletin showed this week.
Credit contraction remains at 0.6 pct in March, balance at 165.02 bln
Credit contraction in the Greek market stayed at 0.6 percent in March, remaining at the same rate as February, Bank of Greece (BoG) figures showed on Tuesday.
New overdue taxes rise by 1.37 bln in Feb, total reaches 104.4 bln
The month-on-month rise in Greece's new tax debt came to 1.37 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) has shown.
Economic sentiment down to 100.3 in April, consumer confidence continues to strengthen
Greece’s economic sentiment (ESI) fell by 1 point in April to 100.3 points, European Commission (EC) figures revealed on Monday.
S&P keeps rating at 'B+' and highlights obstacles to competitiveness
Standard and Poor’s (S&P) reaffirmed on Friday its credit rating for Greece at ‘B+’, also maintaining its positive outlook.