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Economy

Greek 2016 GDP figures revised downwards

Greek statistics agency on Monday revised downwards its estimates on the course of the country's GDP in the fourth quarter of 2016 to -1.1 pct compared with the same period in 2015, from an initial estimate of a 0.3 pct growth reported in February 14.

Banking sector in a transition phase

A financial crisis was leading to the end of the 40-year traditional banking system, with US banks becoming global players, Panagiotis Thomopoulos, chairman of National Bank's board said during a meeting at the Delphi Economic Forum.

ADEX closing report

The March contract on the FTSE/ASE Large Cap index was trading at a premium of 0.33 pct in the Athens Derivatives Exchange on Friday.