Macroeconomy
Budget primary surplus confirmed at 1.85 bln in January
The budget primary balance was confirmed at a surplus of 1.85 billion euros in the first month of 2018, beating the forecast by 1.13 billion euros, the Finance Ministry (MoF) final budget execution bulletin revealed on Monday.
Hellenic Petroleum reports best-ever adjusted EBITDA for 2017
Greece’s largest oil refinery, Hellenic Petroleum’s annual results for 2017 showed that net sales rose by 21 percent across the year.
OTE net profits down by 52 percent in 2017 as revenues fall
The Hellenic Telecommunications Organization S.A (OTE Group) has reported that revenues for 2017 fell by 1.3 percent.
Travel balance down by 76.3 pct in Dec, annual arrivals beat expectations
Greece’s travel receipts fell by 76.3 percent year-on-year in December, compared to a rise of 81.4 percent noted in November, Bank of Greece (BoG) data revealed on Wednesday.
Central government debt grows to 328.70 billion in Q4
Greece’s central government debt rose by 2.59 billion euros quarter-on-quarter (QoQ) to 328.70 billion in the fourth quarter (Q4) of 2017, from 326.11 billion in the previous quarter, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
December current account deficit at 1.24 bln on falling services balance
Greece’s current account (C/A) balance recorded a deficit of 1.24 billion in December, worsening from November’s deficit of 954 million euros Bank of Greece (BoG) figures showed on Tuesday.
Net job hirings balance negative by 16,542 in January
The employment balance turned negative in January as departures outpaced hirings by 16,542 for the first month of 2018, data from the Labour Ministry’s Ergani information system revealed.
Primary cash surplus at 2.68 bln in Jan as revenues rise, expenditure falls
Greece’s central government primary cash surplus rose by a substantial 2.43 billion euros to 2.68 billion in January, Bank of Greece (BoG) figures showed on Friday.
Industrial turnover falls by 2.6 pct in December
Greece’s industrial turnover fell by 2.6 percent in December, after November’s increase was upwardly revised to 13 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Friday.
Fall in apartment prices slows to 0.3 pct in Q4 2017, 1 pct average drop for year
The drop in the nominal value of apartments in Greece came to 0.3 percent year-on-year (YoY) in the fourth quarter (Q4) of 2017, slowing from a drop of 0.6 percent in Q3 2017, Bank of Greece (BoG) data showed on Thursday.