Economy
Turnover in services improves strongly in Q3 2019
Turnover indices for the services sector recorded an improvement in the third quarter (Q3) of 2019, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Apartment prices rise by 9.1 pct in Q3, hitting series high
The rise in the nominal value of apartments in Greece came to 9.1 percent year-on-year (YoY) in the third quarter (Q3) of 2019 from an increase of 7.7 percent in Q2, Bank of Greece (BoG) data showed on Thursday.
GEK Terna’s revenue drops but profits rise in 9M
Greek construction and energy group GEK Terna’s results for the first nine months (9M) of the year showed that revenue fell by 17.9 percent.
BoG data shows drop in card usage in first half of 2019
The Bank of Greece (BoG) Financial Stability Report for December has shed light on a number of fiscal trends in Greece, including the rise in card transactions in 2019.
Latest T-bill auction nets near-zero yield, rounding off landmark year for sovereign debt
Greece is rounding off the most successful year in its sovereign debt since 2010, and after three adjustment programmes, with the successful issue of a 52-week T-Bill on Wednesday that resulted in a yield close to zero.
Terna Energy net profits reach 27.9 mln in 9M
Renewable energy company, Terna Energy’s nine-month (9M) results show that revenues rose by 1 percent year-on-year (YoY) and came to 210.7 million.
Building permits increase by 8.5 pct in September
Building permits rose by 8.5 percent year-on-year (YoY) in September compared to a rise of 27 percent in August, Hellenic Statistical Authority (ELSTAT) data released on Wednesday showed.
APS bill tabled, allowing use of 12 bln in state guarantees to reduce NPLs
Greece’s much-anticipated Asset Protection Scheme (APS), nicknamed Hercules, that aims to help banks clean up their balance sheets is a few steps away from coming into effect after the Finance Ministry submitted the draft law to Parliament on Tuesday under the emergency procedure.
Industrial production edges down by 0.3 percent in October
Greece’s Industrial Production Index (IPI) dropped by 0.3 percent year-on-year (YoY) in October compared to a revised increase of 2.4 percent in September, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday.
CPI edges up by 0.2 pct in November
Greece’s Consumer Price Index (CPI) rose by 0.2 percent year-on-year (YoY) in November, returning to positive territory after three negative months, Hellenic Statistical Authority (ELSTAT) figures showed on Tuesday.