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H1 results for Greek corporates show signs of pandemic biting
EconomyCorporatesGreece’s largest power company, the majority state-owned Public Power Corporation’s (PPC) first half (H1) results for 2020 revealed that revenue fell by 2.4 percent during the quarter. In total, revenues came to 2.25 billion compared to 2.31 billion in H1 2019. Recurring EBITDA came to 457.3
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General govt primary cash deficit of 7.46 bln in June, arrears drop by 10 mln
EconomyMacroeconomyarrears make up the majority of arrears during the month, followed by tax refunds at 30.4 percent each
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Parties debate pandemic response as public approval deteriorates
PoliticsGreek Politicswas largely lacking during the first six months of the Covid-19 pandemic, and Monday’s discussion
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Industrial production drops by 0.2 percent in July
EconomyMacroeconomy(+0.8 percent) and the manufacturing index (+0.04 percent). During the first seven months of 2020
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Unemployment rises to 18.3 pct in June
EconomyMacroeconomynoted that the low numbers were affected by the lack of seasonal recruitment during the months
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Athens encouraged by Med7, Macron support in Turkey dispute
PoliticsForeign Policyof going back on a written agreement reached on July 13 during secret talks between Greek, Turkish
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Wages index up by 3.8 pct YoY in Q2 2020
EconomyMacroeconomy2010, while the lowest reading during Greece's crisis was seen in Q2 2015 at 95.3. The non
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Building permits rise by 17 pct in June
EconomyMacroeconomy). The smallest number of absolute permits was issued in western Macedonia with 18 permits. During
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Accommodation and food services turnover collapses by 84.6 pct in Q2
EconomyMacroeconomy-on-year to 242.6 million euros. Receipts during the first six months came to 678 million euros, falling
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New tax debt at 2.53 bln to May, up by 96 mln month-on-month
EconomyMacroeconomyas due or payable for May. The aggregate collectability rate came to 75.8 percent. During the month
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