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  1. Marginal deposits outflow of 212 million euros in August

    EconomyMacroeconomy

    billion in August almost flat mom. It is also worth noting that total deposits – including euro

    5%

  2. 2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct

    EconomyMacroeconomy

    in 2014 from -7.0 percent in 2013). Note that nominal GDP is anticipated to remain almost flat yoy

    5%

  3. Greece's building activity continues its nosedive in July

    EconomyMacroeconomy

    Greek building activity (measured by the number of building permits) dropped 24.0 percent in July with the respective surface figure easing 8.6 percent, while volume remained flat year on year, according to the Hellenic Statistical Authority (ELSTAT). Moving to the aggregate figures, which strip

    5%

  4. Drop in Greek CPI decelerated to 1.1 pct in September

    EconomyMacroeconomy

    and 3.5 percent respectively, while clothing and footwear prices remained almost flat year on year

    5%

  5. For Stournaras, it's out of the frying pan and into the heating oil

    PoliticsGreek Politics

    flat rate corporate tax in Greece. This formed the basis of his economic plan before he was elected

    5%

  6. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    from ELSTAT, even in non-seasonally adjusted terms the rate of unemployment remained flat

    5%

  7. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    (+2.6 percent), most likely due to end of the sales period, while remained almost flat in October

    5%

  8. Unemployment rate remained unchanged at 27.3 pct in August
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following a downward revision by 0.3 percentage points of the previously announced July rate of 27.6 percent, according to data released by the Hellenic Statistical Authority (ELSTAT). The August rate is now marginally

    5%

  9. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    flat yoy at 183.1 billion in 2014 from 182.9 billion in 2013. It is noteworthy that the Ministry

    5%

  10. Greek deposits slip in October as credit also contracts by 3.9 pct

    EconomyMacroeconomy

    to 737 million. Loans to sole proprietors remained flat yoy at 13.5 billion with marginal inflows

    5%