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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

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  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

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  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

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  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

    10%
  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

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  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

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  7. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    that the recession reached 3.7 percent in 2013, which was slightly better than the latest Greek government

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  8. General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year

    EconomyMacroeconomy

    The Greek general government (gg) primary cash surplus in the first two months of 2014 more than doubled to 3.54 billion from 1.45 billion last year, according to the gg bulletin released by the Ministry of Finance on Wednesday. The gg cash balance also showed a surplus at 1.93 billion from just

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  9. Greek May CPI falls 2 pct in one of biggest drops for more than a year

    EconomyMacroeconomy

    in more than 45 years, the latest forecasts by the troika institutions and the Greek government point

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  10. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    The Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9

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