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  1. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    of 17,290 recorded in May. As we have previously noted, the strong growth rates in April and May was largely attributed to the extension until the end of May of the incentives for old cars to be replaced... after soaring by 37.1 percent in May. In absolute terms, passenger cars reached 10,577 in June

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  2. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    of 433 million in May. This largely reflects a month on month recovery of revenues by around 600... of 15.9 percent recorded in May. The absolute figure stood at 3.97 billion euros in June, which... million over-performance in May. Following the strong growth in June, the aggregate figure for the first

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  3. The cat is out of the bag: Europe's politics is a mess

    Agora

    by Cameron’s successor, Theresa May. The appointment of a man famed for his buffoonery and insulting.... However, Europe may need to ask itself for how long and how far it can ride on the coattails of a leader... is that although political events in the UK may have provided amusement and bemusement in recent

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  4. Newsletter 84 - 29/07/2016

    Newsletters

    system. The government estimates that around 3–4 billion euros may be returned to Greek banks... reaching 479 million in June following deductions of 357 million in May. The bulk of the June additions... in May, up significantly from a 183-million-euro increase in May. The deposit balance rose to 122.74

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  5. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    , retail sales fell by 2.6 percent in May compared to March, at an accelerating pace vis-à-vis.... Industrial turnover in April and May continued declining at double-digit rates of 13 to 14 percent compared...) plunged by 31.5 percent in May after a 5.3 percent decline in April compared to a mid-teen drop posted

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  6. Stepping up search for alliances, Tsipras welcomes Euro-Med leaders
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    -summit a few weeks ago, the refugee crisis may end up being a dominant theme in the wake of suggestions that EU members may send migrants back to Greece under the Dublin regulations and fears that arrivals may rise even more than they have since July. Tsipras’s mood ahead of the Athens meeting

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  7. Newsletter 88 - 16/09/2016

    Newsletters

    will contain sensitive issues, such as labour reform, that have hardly been touched yet. Matters may... by 21.7 percent in June, after a bigger decline by 31.5 percent posted in May, ELSTAT data released... funding has been trimmed by almost 16 billion euros since the end of May. Overall, Eurosystem funding

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  8. Multi-bill approved, coalition looks for positive news to fend off opposition attacks
    Photo by MacroPolis

    PoliticsGreek Politics

    it will not be a major overhaul of the cabinet, Tsipras may be able to create a sense that the government is turning... that this will happen. Much may depend on what a committee of experts appointed by the government to propose a new... has already indicated it will demand the government step down. Another tactic to pressure Tsipras may

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  9. Newsletter 94 - 04/11/2016

    Newsletters

    on Friday, a senior eurozone official said that although this remains an ambitious target it may.... Skourletis may prove a focal point for unhappy SYRIZA members should he lose his government post.... While one may debate the levels of success actually achieved in the four countries mentioned

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  10. Deposits rise to 124.6 bln in Oct on inflows of 1 bln

    EconomyMacroeconomy

    to 124.63 billion at the end of October. This is the highest they have been since May 2015... May, Greek banks saw inflows of 2.88 billion by October. Total deposits – which also include those..., which is also the highest reading since May 2015. The gg balance stood at 10.52 billion, of which 5.75

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