Economy
Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
The increase in Greece’s new unpaid taxes accelerated to 1.03 billion euros in May from 737 million in April, according to data released by the General Secretariat of Information Systems (GSIS).
Greek stocks down by 11.3 pct for biggest weekly fall of last month
Greek stocks recorded losses of 11.3 percent this week, which is the highest over the past four weeks.
Industry turnover down by 2.3 pct in April for sixth straight fall
The Turnover Index in Industry fell by 2.3 percent in April, which is similar rate to the previous month’s decline after an upward revision of the March figure, according to the Hellenic Statistical Authority (ELSTAT).
Severe underspend covers lower revenues for end-May primary surplus
Greece’s budget execution showed that the 5-month primary surplus more than doubled to 1.51 billion euros from 707 million in the corresponding period last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday.
Bank of Greece warns of dangers in failure to reach deal with lenders
In its biannual Monetary Policy report published on Wednesday, the Bank of Greece (BoG) makes clear its belief that it is of paramount importance that the Greek government conclude an agreement with official lenders, describing it is a “historical imperative the country cannot afford to ignore.”
Greek stocks down by 4.77 pct as bond yields head further north
The Greek stock market plunged for the third straight day on Tuesday, when it fell by 4.77 percent in the absence of any interest in Greek shares as investors believe that an agreement with lenders seems far for being reached at the moment.
Greek stocks dive by 4.7 pct as bond yields climb on absence of deal with lenders
Following a nosedive of 5.9 percent on Friday, Greek shares remained deeply in the red on Monday as they recorded further losses of 4.7 percent.
A closer look at Greece's revised proposals to lenders
Kathimerini daily revealed on Monday the revised proposal the Greek government representatives presented to the institutions during the weekend.
Most services in Greece see turnover improve in Q1
The evolution of the turnover indices for the services sector displayed an improvement for the second consecutive quarter in Q1 2015, with 11 out of 14 service activities posting a rise, according to the Hellenic Statistical Authority (ELSTAT).
Another week of losses for Greek stock market amid topsy-turvy ride
The Greek stock market remained in the red for the third successive week, recording losses of 1.5 percent this week.