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  1. IMF sees 0.6 pct primary deficit in 2015, lowers debt forecast below 180 pct

    Economy

    notification of 2015 fiscal data on April 21. The IMF has significantly lowered its debt to GDP forecast

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  2. Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
    Photo by MacroPolis

    EconomyFeatures

    of Kotsovolos, mentioned strong year on year sales in Greece as a contributing factor to their 21 percent rise

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  3. Demand for hospitals' reserves raises concerns about govt's liquidity position

    Economy

    Fresh concern about the government’s liquidity position have been raised after the Health Ministry sent a letter to hospitals on April 21 demanding that they transfer their cash reserves to a special account at the Bank of Greece (BoG). The ministry request urges hospitals to implement

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  4. Nine in 10 Greeks under 30 feel marginalised due to crisis
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    percent), Luxembourg and Austria (22 percent), Ireland (21 percent) than in Greece, while Spain

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  5. PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months

    EconomyMacroeconomy

    producers heading south unabated in twenty of the last 21 months. In contrast, the input costs increased

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  6. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    their Annual General Meetings (AGM) on June 21, EYDAP on June 22, Hellenic Telecom (OTE) on June 23, Folli

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  7. Current account deficit narrows to 822 mln in April

    EconomyMacroeconomy

    Greece's current account (C/A) deficit fell by almost 21 percent to 822 million in April from 1.04 billion a year ago, Bank of Greece (BoG) figures showed on Tuesday. The year on year improvement largely stems from a drop in the goods’ deficit by 276 million coupled with an increase in the primary

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  8. Stocks plunge 8.8 pct over week in aftermath of UK referendum outcome
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    news Fitch affirmed on June 21 Greek banks’ rating at ‘Restricted Default’ (RD) reflecting its view

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  9. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    compete to make itself appealing to consumers. Marinopoulos has until 21 September 2016

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  10. Trade deficit climbs for second straight month in May, rising by 12.5 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greece’s trade deficit continued heading north for the second straight month, albeit at a slower pace, increasing by 12.5 percent in May after a 21 percent rise in April, Hellenic Statistical Authority (ELSTAT) figures showed on Friday. The headline figure for May is the third positive reading so

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