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  1. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    1.31 billion, the underlying figure stands at 16.82 billion, implying a 1.2 percent drop... smoother drop by 7.3 percent to 19.58 billion. The respective 5-month budget item stood at 19.81

    6%

  2. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    to a 3.2 percent drop in exports and a 3.5 percent increase in imports. BoG notes that the key... is excluded, the trade balance showed an improvement since the drop in imports was higher than

    6%

  3. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    percent to 5.56 billion, in line with the target. Consumption taxes showed a higher drop at -9.5 percent... by the increased tax refunds. Moving on the cost front, the drop in primary expenditure slightly accelerated

    6%

  4. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    of Greece (BoG). Although the YoY drop is the slowest since April 2013, the monthly net deductions.... Despite the rise in corporate lending net deductions to 801 million euros in May, the rate of drop

    6%

  5. Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence

    EconomyMacroeconomy

    . There was a 6.4 percent drop in the first half of 2013. The 12-month trailing index shows a slower growth at 19... percent in each of the preceding three years. The cumulative drop of car registrations stood at 78

    6%

  6. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    unemployment figure stems from a 0.1 percent month on month (MoM) drop in the number of employed... in April, 3,600 lower than March. The cumulative drop over the past five years stands at 23.5 percent

    6%

  7. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    of May, Eurosystem funding stood at 50.66 billion. The monthly movement is due to a drop in ECB funding... a decrease of ECB funding by 18.27 billion and ELA funding by 9.79 billion. The year to date drop is mostly

    6%

  8. Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct

    Economy

    drop in travel spending per trip, which almost counterbalanced a 12.6 percent rise in international... drop in May. The more updated figures by the Association of Greek Tourism Enterprises (SETE

    6%

  9. UnLuCky for some: Another painful lesson from the euro crisis
    Photo by Harry van Versendaal

    Agora

    into freefall, revenues drop and expenses for a social safety net are required - a combination which has... in the current account came purely from the economic depression and the drastic drop in demand

    6%

  10. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    goods. The rate of drop in July new orders was faster than that observed in June, mainly reflecting... rate. Buying levels were also down pointing to the first drop over the past 3 months. Stocks

    6%