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Car sales soar by 47.2 pct in April for 20th straight monthly rise
EconomyMacroeconomyrecorded in May 2104. In addition, the April performance is a positive reading for the twentieth... than 30 percent per annum in the 2010-2012 period. Market sources attributed the strong rebound
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Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013
EconomyMacroeconomysince May 2014 and the highest reading since November 2013, when building activity posted... recording strong growth of 40.7 and 27.6 percent respectively. In contrast, the highest nosedive
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomy, which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound... Greek exports could be higher than anticipated as the impact of the competitiveness gains may
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Growth in accommodation and food services turnover slows to 6 pct in Q1
EconomyMacroeconomyattributed to a strong growth in international tourist arrivals, by 23 percent to 22 million partly offset... on the volume front published by the Association of Greek Tourism Enterprises (SETE) in mid-May showed
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Greece deal hangs in balance as IMF sees major differences
PoliticsGreek Politicson proceedings. In unusually strong language, IMF spokesman Gerry Rice stressed during Thursday's regular... the Fund's comments may have been targeted at eurozone countries as well as Athens, amid reports
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Building activity rises again in March as permits increase by 19.1 pct
EconomyMacroeconomyrecording a strong growth of 29.3 and 31.7 percent respectively. However, due to the negative performance... confidence indicator released by the European Commission at the end of May showed it fell
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Industry turnover down by 2.3 pct in April for sixth straight fall
Economypercent). On the flipside, strong growth was posted in motor vehicles and trailers (+126.3 percent... by 1.5 points to 48 in May, yet the headline figure indicates an overall deterioration for the ninth
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Tsipras needs to sign a deal, but which one?
Agora-productive but also politically unfeasible. Since May 2010, when the first bailout with foreign creditors.... The argument that not agreeing to a “bad deal” would create an even worse situation has strong merits
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The Greeks deserved better than this
AgoraSYRIZA came to power. There is a fine line between pushing back against the lenders, which drew strong... was realistic to expect from this government. SYRIZA may have cultivated false hopes during its election
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Referendum and the ECB to determine the future of Greek banks
Economyagencies have interpreted the question of the referendum as a strong indication whether Greeks want... collateral haircut currently stands between 30-40 percent for the four Greek banks. In late May, banks
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