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  1. Greek primary surplus at 400 mln to Oct but arrears keep piling up

    EconomyMacroeconomy

    target of 6.6 billion for 2013 (also included in the 2014 budget) lower than the initially projected 8

    7%
  2. Cyprus in 2014: Looking ahead
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    projections by the University of Cyprus indicate a -8 percent decline in 2014. The lack of liquidity

    7%
  3. Bank of Greece sees 0.5pct growth in 2014 but warns of political risks

    EconomyMacroeconomy

    exceeds 8 billion euros.

    7%
  4. State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013

    EconomyMacroeconomy

    arrears’ payment target of 8 billion to 6.6 billion for 2013.

    7%
  5. The complexities of regaining market access: Could Greece learn from Portugal?
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    8. This represented the lowest level for the benchmark five-year Portuguese note in trading

    7%
  6. Topsy-turvy ride continues for Independent Greeks, as another MP goes

    PoliticsGreek Politics

    a potentially significant role in Greek politics. Polling between roughly 5 and 8 percent in opinion

    7%
  7. Another dive for compensation in Q3 drags disposable income, consumption down
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek household disposable income fell by 2.6 billion euros or 8 percent year on year (yoy) in the third quarter of 2013 and reached 30.4 billion, according to the Hellenic Statistical Authority (ELSTAT). The latest data indicates a slightly decelerating decline compared to the second quarter drop

    7%
  8. Deposits up again in December but credit contraction continues apace

    EconomyMacroeconomy

    showing a 8 percent (2.6 billion) drop in the third quarter of 2013. This trend will most likely

    7%
  9. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    and social benefits. The latest figures show an 8 percent drop in gross household income in the third quarter

    7%
  10. Shortcomings in healthcare seen at forefront of austerity impact in Greece
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    of major depression, from 3•3 percent in 2008 to 8•2 percent in 2011, with economic hardship being a major

    7%