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  1. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    that: a) The drop in final consumption expenditure was almost half at -3 percent from -5.6 percent before... years (2008-2013), the most significant revisions of GDP components indicated that: a) The highest drop

    2%
  2. Greek retail turnover advanced for the third straight month, 4.5 pct in August

    EconomyMacroeconomy

    posted a drop in August, namely department stores (-8.6 percent) and furniture, electrical and household... a double-digit drop, followed by furniture, electrical and household equipment (-5.9 percent) and food

    2%
  3. European Commission says 2014 is a turning point for Greece as growth resumes

    Economy

    its GDP headline projections, its estimates on GDP components now show a slower drop in private.... The drop in unemployment in the next two years is attributed to pick-up in investment, continuation

    2%
  4. Developments in Greece produce volatile market reaction

    Economy

    , for Greek bank stocks the drop was much higher. They reached 8.4 percent on Friday, with weekly losses.... This is a more aggravated drop than the ASE, which showed losses of 8.2 percent over the same period

    2%
  5. Greek jobless rate dips below 26 pct in August for first time in two years
    Photo by MacroPolis

    Economy

    upward movement for the first time since February. The drop in the seasonally-adjusted jobless rate...) evolution shows an acceleration in the rate of drop for unemployed for the sixth successive month to -8.3

    2%
  6. Greek retail index down 0.9 pct in Sept. although volume increases
    Photo by MacroPolis

    EconomyMacroeconomy

    . The highest drop in September retail turnover was posted in food, beverages and tobacco (-4.5 percent... 3.5 percent month on month (MoM), while the respective volume figure recorded a sharper drop (-9

    2%
  7. Rise in Greek car sales slows to 7.5 pct in November

    EconomyMacroeconomy

    is registers more than half of total motor vehicle circulation licenses, posted a modest drop of 0.8..., vehicle registrations posted a sharp drop in excess of 30 percent in each of the prior three years

    2%
  8. Rare rise of 2.1 pct in Q3 for Greek wages index

    EconomyMacroeconomy

    at 80.9. From the peak of 108.2 registered in Q1 2010, the wages index shows a cumulative drop of 20.7... showed Greek figure fell 1.2 percent, which was the second highest drop among the EU-28 countries

    2%
  9. Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln

    EconomyMacroeconomy

    in November, from a drop of 17.9 percent in October. November’s figure fell short of target by 134... reflects a drop in revenues by 6.1 percent and a 15.1 percent increase in expenditure.

    2%
  10. Greek stocks, bond yields feel impact of Parliament's failure to elect president

    Economy

    7.7 percent, while Piraeus rose by 2 percent and Alpha recorded a marginal drop of 0.2 percent. The banking sector's monthly losses stand just shy of 25 percent. The sharp drop in stock prices

    2%