Economy
Marginal increase to 20.8 pct for Feb unemployment rate
Greece’s seasonally adjusted (SA) unemployment rate in February was 20.8 percent, edging up slightly from the upward revised figure of 20.7 percent in January, Hellenic Statistical Authority’s (ELSTAT) data showed on Thursday.
Coca Cola HBC sales revenues down by 1.7 pct in Q1
Coca-Cola HBC’s first quarter (Q1) results show that net revenues fell by 1.7 percent on a reported basis in the three-month period.
Athens struggles with civil service evaluation, reduction of arrears
The Greek government has its hands full at the moment with the effort to complete as many prior actions as possible from the fourth review so there can be a staff-level agreement by the May 24 Eurogroup.
Hirings balance hits record high of 100,246 in April
The employment balance showed a strong improvement in April as hirings outpaced departures by 100,246, data from the Labour Ministry’s Ergani information system revealed.
OTE's revenues fall by 0.8 pct in Q1
The Hellenic Telecommunications Organization S.A’s (OTE Group) results revealed a 0.8 percent fall in revenue for the first quarter (Q1) of 2018 based on the same quarter last year, coming to 921.3 million euros versus 929 million euros last year.
Tourism accounts for 27.3 pct of Greek GDP in total, study shows
A study by the Greek Tourism Confederation (INSETE) has indicated that tourism was worth over one quarter of Greece’s GDP in 2017.
Trade deficit falls by 23.1 pct in March on growing exports, falling imports
Greece’s trade deficit shrank by 23.1 percent in March, building momentum on February’s fall of 16.6 percent, according to data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday.
Concern over prior actions grows, debt talks approach crucial juncture
The race to complete as many of the fourth review’s 88 prior actions as possible in the coming days is dominating the Greek government’s agenda, although what will follow the conclusion of the programme also seems to be on the mind of coalition officials.
New overdue taxes up by 776 mln in March, total stock at 101.44 bln
Greece’s new tax debt increased by 776 million in March following a rise of 2 billion euros in February, data from the Independent Authority of Public Revenues (IAPR) revealed on Monday.
Audit launched as Folli Follie's glittering performance scrutinised
The Hellenic Capital Market Commission (HCMC) is launching an audit on Folli Follie Group after stocks from the Greek jewellery and fashion accessory designer and retailer closed 30 percent down on their opening price on Friday following allegations by an equity fund about the company’s accounting accuracy.