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OPAP reported a 43.5% rise in its first quarter profits to 57.2 million euros, while on a recurring basis profits were up 14%. Earnings before interest, tax, depreciation and amortization were up 28% to 111.1 million euros, or 16% on a like-for-like
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Terna Energy said it received its shareholder approval for the issue of a new bond loans between 120 and 150 million euros. Proceeds will be used to refinance of the existing bond loan along with the implementation of the investment program.
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Greek state's total outstanding debts to third parties rose further in April by 282 m-o-m, to 2.36 billion euros, data from the Finance Ministry showed. State arrears dropped to 1.66 billion euros in April from 1.78 billion euros in March, while unpa
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Greece's unemployment rate dropped m-o-m in March, to 18.1% compared to the previous month's revised reading of 18.4% y-o-y, data from statistics office ELSTAT showed. In March 2018, the respective rate was 20.2%. The number of people out of work dec
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Greek government submitted to parliament an amendment which abolishes the pre-legislative measure of the reduction of the tax-free personal income threshold in 2020, before the body is dissolved ahead of the July 7 snap election. The amendment is exp
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Greece's nominal prime office prices firmed 7% y-o-y in 2018 for the entire country compared with an increase of 1.8% in 2017, according to provisional data by the Bank of Greece. In the second half of 2018, nominal prime office prices for the countr
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Frigoglass said it decided to discontinue production at its Kato Achaia plant in Greece in a bid to improve its cost structure and enhance its long-term competitiveness, it said. "Frigoglass has already implemented several initiatives in the past, su
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Commercial transactions' trade balance posted a deficit of 1.65 billion euros in April, down 5%, y-o-y, the statistics office or ELSTAT said. However, xxcluding the impact of oil products and ships, the commercial trade deficit widened by 9.5%. Impor
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Alpha Bank said that BlackRock's voting rights in the bank rose above the 5% disclosure threshold, to 5.72%. The triggering transaction took place June 5.
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Foreign investors turned into net buyers in local stocks in May, with inflows amounting to 328.5 million euros, making 59.5% of total turnover, the Athens Stocks Exchange said. They controlled 67.5% of the total market capitalization, up from 66% in
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