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  1. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    in a sample of 1,005 very small and small companies. According to the survey, more than half of firms reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline

    25%

  2. EC study: VAT gap in Greece at 34 pct, more than double the EU average

    Economy

    in 2012 remaining consistently more than double the EU average. The only three countries that have... the exemption gap was 37.1 percent higher than the EU average of 32.6 percent. A similar pattern

    25%

  3. Omnibus bill prompts no more than rumblings of discontent from coalition MPs
    Photo by MacroPolis

    PoliticsGreek Politics

    instalments between October and February, rather than the six that were originally planned to start... Democracy rather than SYRIZA. Overall, the displeasure expressed by SYRIZA lawmakers appears to have been

    25%

  4. IMF far more pessimistic than eurozone on Greek debt, urges significant relief
    Photo by Panayiotos Tzamaros

    EconomyProgramme

    thereafter up to 275 percent in 2060 mostly due the anticipated high cost of market financing more than... with weaker than expected policies resulting in lower primary surpluses of 1 percent of GDP

    25%

  5. Third review seen taking longer than Athens had hoped
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    is considered easier than previous inspections by the creditors. The official’s comment, though, indicates... stance on the Greek issue than the SPD and Merkel’s CDU and this may upset Greece’s hopes of seeing debt

    25%

  6. First bond of 2022 attracts fewer offers, more than double last year's yield at 1.83 pct
    Photo byPanayotis Tzamaros/Fosphotos

    Economy

    over mid-swap. Market reaction was positive and by 11 CET the books had more than 11 billion euros... of 0.888 pct. More than 300 accounts were drawn in, dominated by real money. Hedge funds accounted

    25%

  7. Greek PMI edges up in March but exports, factory output fall

    EconomyMacroeconomy

    was more than offset by a decline in the intermediate and investment goods’ sectors. Job creation... a rise in vendor lead times, partly attributed to stock shortages in the supply chains, the most

    25%

  8. PMI falls to 46.9 pts in June in ten straight months of contraction

    EconomyMacroeconomy

    – to fall even faster than May” Markit noted.... trend albeit demand for inputs further slipped. The rate of deterioration in vendor performance

    25%

  9. Lack of new orders and sharp drop in production lead to weak PMI in August

    EconomyMacroeconomy

    slower pace than in July. Post-production inventories kept decreasing in August at the second... driven by lack of production and decline in new orders. A further deterioration in vendor

    25%

  10. PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    new orders also declined month on month. However, the rate of contraction was slower than... lead times continued lengthening in February, but the rate of deterioration in vendor performance

    25%