Economy
OPAP Q1 net profits rise 20 pct on VLT terminal revenues
The Greek Organisation of Football Prognostics (OPAP) has released its Q1 results showing that gross gaming revenues (GGR) came to 377.3 million euros, an increase of 5.1 percent.
Lamda Development EBITDA up 44.3 pct in Q1 on full acquisition of The Mall Athens
Property developer Lamda Development has reported a 44.3 percent rise in EBITDA in the first quarter (Q1) of 2018 to 14 million euros.
Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing
Greece’s retail sales index increased by 1.2 percent in March 2018, following a decline by 0.4 percent year-on-year in February, according to data published by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Eurobank net profits at 34.5 mln in Q1
Eurobank recorded net profits of 34.5 million euros in the first quarter (Q1) of 2018, representing a year-on-year (YoY) decline of 5.5 percent versus net profits of 36.5 million euros in Q1 2017.
Almost 1 in 3 jobs in private sector are part-time, average full-time salary at 936 euros
The Unified Social Security Fund (EFKA), which has since last year seen all the main social insurance funds in Greece come under its umbrella, released on Wednesday its latest employment data.
Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
Piraeus Bank has agreed the sale of a corporate NPE portfolio worth 1.95 billion euros as part of its ongoing strategy to reduce the volume of bad loans on its books.
Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
Greece’s economic sentiment (ESI) grew by 0.6 points to 104.2 in May versus 103.6 in April, European Commission (EC) figures revealed on Wednesday.
Two weeks left for Athens to settle last remaining prior actions
Thursday, June 14, is widely seen as the date by which the Greek government needs to have completed any legislative work related to the fourth review so that the lenders can reach an agreement on the remaining issues by the time the Eurogroup takes place a year later.
Deposits stay positive with 870.1 mln inflow in April
Net deposit movement in the Greek banking system remained positive and showed inflows of 870.1 million in April compared to inflows of 1.14 billion in March, Bank of Greece (BoG) figures revealed on Tuesday.
Credit contraction deepens to 1.9 pct in April, balance at 179.13 bln
Credit contraction in the Greek market deepened to 1.9 percent in April compared to a contraction of 1 percent in March, according to Bank of Greece (BoG) figures released on Tuesday.