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Alpha Bank's net profits decline to 21.1 million in 2017, fourth quarter makes loss
EconomyBankingprovisions for the group will increase by 8.1 percent, based on data as at end of December 2017
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Still facing pile of bailout tasks, Athens looks ahead to post-MoU actions
EconomyProgrammeit down close to zero by August. According to data published last June by the Confederation of Social
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New overdue taxes rise by 766 mln in Jan, total stock at 99.44 bln
EconomyMacroeconomyGreece’s new tax debt increased by 766 million euros in January from 1.30 billion in December, data from the Independent Authority of Public Revenues (IAPR) revealed on Wednesday. The headline figure for the month is one of the first time in three months that the month-on-month rise fell under
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Industrial turnover makes strong start to year with growth of 12.7 pct in Jan
EconomyMacroeconomyGreece’s industrial turnover shot up by 12.7 percent in January, after December’s figure was softened to -1.9 percent, according to Hellenic Statistical Authority (ELSTAT) data published on Thursday. The 12-month trailing index grew by 11 percent. January’s figure returns the index to positive
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Travel balance rises by 3.4 pct in Jan as expenditure out of sync with arrivals growth
EconomyMacroeconomyGreece’s travel receipts rose by 3.4 percent year-on-year in January, reversing a fall of 76.3 percent in December, Bank of Greece (BoG) data revealed on Monday. Receipts came to 153.1 million euros for the month, down by 3 percent, while payments also fell by 3.6 percent to 139.3 million
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Economic sentiment drops in March after reaching recent high, consumer confidence stable
EconomyMacroeconomyThe strong recovery trend in Greece’s economic sentiment (ESI) stopped in March as it dropped by 4.5 points to 99.8, from 104.3 in February, data from the European Commission (EC) showed on Tuesday. February’s figure was a strong increase from the 101.9 points recorded in the previous months
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Retail sales rise by 0.7 pct in Jan, volume up by 1.5 pct
EconomyMacroeconomyGreece’s retail sales rose by 0.7 percent year-on-year in January after December’s increase was revised down to 2 percent, according to data published by the Hellenic Statistical Authority (ELSTAT) on Friday. January’s headline figure is the second positive reading after three consecutive months
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Newsletter 157 -30/03/2018
104.3 in February, data from the European Commission (EC) showed. February’s figure was a strong
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Greece registers 42,425 asylum seekers at rising rate in two years of EU-Turkey deal
Society, leaving thousands of refugees, who were en-route to join family members elsewhere in Europe, trapped in Greece for a second year The latest data from the UNHCR, dated up to April, shows that 5,401 asylum
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Job hirings outpace departures by 55,494 in March
EconomyMacroeconomyThe employment balance strengthened in March as hirings outpaced departures by 55,494, data from the Labour Ministry’s Ergani information system revealed. Compared to March 2017, the balance is higher by 16,977. The report noted that the reading for March is the highest balance recorded
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