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IOBE: Greek economic sentiment index up slightly in June

Greek economic sentiment index rose slightly to 101 points in June from 100.8 pct in May, but was down from 102.1 points in the same period last year, the Foundation for Economic and Industrial Research (IOBE) said on Monday.

The Foundation said that business expectations in most sectors were slightly higher, led by the

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Greek unemployment rate eased to 18.1 pct in March, Eurostat report

The Greek unemployment rate eased to 18.1 pct of the workforce in March from 18.4 pct in February, Eurostat said in a report released here on Monday.

The EU executive’s statistics agency said Greece recorded the biggest reduction of the unemployment rate in the EU, from 20.2 pct in March 2018 to 18.1 pct in 2019. The n

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Greek banks to charge more for ATM cash withdrawals with other banks’ cards

Greek banks will introduce increased charges on cash withdrawals from ATMs for debit cards issued by Greek banks, starting July 22, 2019. These charges refer to cash withdrawals from another bank’s ATM, banking sources said on Monday.

Banks will continue to offer charge-free cash withdrawals from the same bank’s ATMs. T

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Centrists Union will support formation of a viable government after elections, Leventis says

“We are the only serious centre-right party ….that is in favour of acting in a cooperative way for an understanding of the political forces,” Centrists Union leader Vasilis Leventis said to the Athens-Macedonian News Agency’s radio station “104.9 FM” on Monday.

Asked about the attitude of the Centrists Unions, if the

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Koutsoumbas: KKE the consistent opponent of those that devasted the people’s lives

Communist Party of Greece (KKE) leader Dimitris Koutsoumbas on Monday urged people to turn up and vote on Sunday in order to show that they can no longer put up with the mockery and the policies of deception and chiefly that they can no longer endure such harsh austerity measures.

Koutsoumbas said that the people must

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IHS Markit: Greek PMI fell to 52.4 points in June

The Greek Purchasing Managers’ Index PMI fell to 52.4 points in June from 54.2 in May, IHS Markit said in a report.

The index showed a moderate improvement in the growth rate of the Greek manufacturing sector, the slowest recorded since November 2017. The PMI remains on a growing trend for 25 months in a row.

New export

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Greek state budget has primary surplus of 916 mln euros in Jan-May 2019

Greece’s state budget had a primary surplus of 916 million euros in five-month period January-May 2019, against a target of a primary deficit of 1.447 billion euros and up from a surplus of 853 million euros for the same period in 2018, the Greek finance ministry announced in a report on the execution of the state budget released on Tuesday.

“Accord

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It is obvious that ND leader Mitsotakis is avoiding the debate, Achtsioglou says

“It is obvious that New Democracy (ND) leader Kyriakos Mitsotakis is avoiding a TV debate because it will reveal the aspects of his programme that are totally antisocial,” SYRIZA spokesperson Effie Achtsioglou stated on Tuesday in an interview with public ERT3 radio.

“SYRIZA is fighting a very difficult battle which is

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EU should move from words to actions if Turkey continues, ND’s Koumoutsakos says

If Turkey insists on a constant counterproductive and illegal tension, the European Union should progress from words and statements to actions and decide measures and sanctions for that country, which will find all Greeks united against it, main opposition New Democracy’s (ND) shadow foreign minister George K

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Voters know that ND brought on the crisis and the memoranda, Tourism Min says

“The citizens do not have a short-time memory, they know that New Democracy (ND) brought on the crisis and the memoranda,” stated Tourism Minister Thanassis Theocharopoulos to RealFM radio on Tuesday.

“The people’s expectation is that we will finally and radically change Greece, and be done with the long-standing def

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Caretaker Interior Min Roupakiotis calls on the citizens to go to July 7 polls

Caretaker Interior Minister Antonis Roupakiotis on Tuesday appealed to voters for a mass turn out in the elections on July 7, urging them to participate in ‘the foremost process for the operation of democracy”.

Roupakiotis visited the State Printing Building on Tuesday to be informed on the progress in the printing of

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Bank of Greece to start publishing statistics on finances of non-financial companies

A mandatory submission of the financial reports of Greek non-financial-sector enterprises to the Bank of Greece will begin next November. The central bank set up a central balance sheet office with the task of collecting and offering specialised statistical information on the financial data of non-financial sector companies’ operating in Greece.

Thi

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Hellenic Statistical Authority: Building materials’ price index up 0.2 pct in May

Building materials’ prices edged 0.2 pct higher in May compared with the same month last year, Hellenic Statistical Authority said in a report on Tuesday.

The statistics service attributed this development to price increases of 4.7 pct in copper pipes, 2.0 pct in diesel oil, 2.0 pct in steel pipes, 1.2 pct in marble dust, 0.8 pct in switches, 0.8

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NSRF programme of 22.4 million euros to support 7,000 private-sector workers

On July 29, a new NSRF programme amounting to 22.4 million euros will be launched to support 7,000 private-sector workers that support their prospects of better terms of employment and professional mobility.

The participants must be on the payroll of private-sector enterprises. Self-employed or unemployed persons are

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Tsakalotos: Austerity ‘not a natural phenomenon’ or ‘necessary evil’

Finance Minister Euclid Tsakalotos appeared optimistic over the outcome of the elections on July 7, noting that ballot boxes are currently standing empty while the key issue was “to what extent they will be filled”. According to Tsakalotos, the main thing was for citizens to participate in the elections and he called on

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