Economy
Eurobank net results show loss of 1.08 bln in 9M
Eurobank recorded net results of a loss of 1.08 billion euros in the nine-month period (9M) of 2020 compared to net profits of 94.3 million in 9M 2019.
Industrial turnover drops by 10.7 pct in September on decline in petroleum products
Greece’s industrial turnover fell by 10.7 percent year-on-year (YoY) in September compared to a revised drop of 15 percent in August, Hellenic Statistical Authority (ELSTAT) data published on Thursday showed.
Central government debt increases by 1.99 bln to 364.86 bln in Q3
Greece’s central government debt increased by 1.99 billion euros to 364.86 billion euros quarter-on-quarter (QoQ) in the third quarter (Q3) of 2020, from 362.87 billion euros in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Thursday.
Lenders acknowledge reforms, flag up tricky fiscal path ahead
Greece managed to clear on Wednesday the fourth post-programme review for this year and the third since the pandemic broke.
Primary cash balance at deficit of 9.04 bln in October
Greece’s central government primary cash balance recorded a deficit of 9.04 billion euros in the first ten months of the year according to figures released by the Bank of Greece (BoG).
New tax debt at 3.90 bln to September, up by 695 mln month-on-month
The month-on-month rise in Greece's new tax debt came to 695 million euros in September, data from the Independent Authority of Public Revenues (IAPR) has shown.
Greece among hardest hit in Covid-related drop for European arrivals
The European Travel Commission (ETC) has examined tourism trends in the light of the second coronavirus wave and found that arrivals in Europe in the first eight months of the year were down by 68 percent compared to 2019.
Budget primary shows deficit of 9.06 bln in October
The budget primary balance recorded a deficit of 9.06 billion euros in the first ten months of 2020, compared to a surplus of 5.74 billion noted in October 2019, the preliminary Finance Ministry (MoF) budget execution bulletin for October showed on Monday.
Extensive Covid-19 impact and slow recovery seen by most business sectors, research shows
Research by the ICAP group has looked into which areas of the economy were hardest hit by the pandemic and estimates that many businesses will see a notable drop in revenue compared to 2019.
OTE and Coca Cola 9M results show continued pandemic fallout
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues in the nine month period (9M) of the year fell by 0.1 percent year-on-year (YoY).