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

    EconomyMacroeconomy

    to the same period of 2013. Last year closed with total arrivals of 17.9 million or 20.1 million if cruise ships are included. Including cruise passengers, the total number of visitors for 2014 is expected

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  2. Coalition warms to option of Kouvelis as president but success not guaranteed
    Photo by MacroPolis

    PoliticsGreek Politics

    . As things stand, New Democracy has 125 MPs and PASOK 27 – a total of 152. DIMAR has 11 lawmakers, which could take the total to 163. This would leave the government in need of another 17 votes

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  3. OECD report paints grim picture for Greece's labour market
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    is clearly depicted in the nominal unit labour cost, defined as total compensation of employees divided... as real GDP divided by total hours worked) in Greece showed a slight rise of 0.4 percent in 2013 after

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  4. How many NPLs in the Greek banking sector are also non-recoverable loans ?
    Photo by MacroPolis

    Agora

    threshold of 30 percent of its total loan portfolio. In contrast, Piraeus Bank now posts a rather... approximately 45 percent of total loans extended by local banks are currently classified as NPLs

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  5. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    to the banks’ first-half announcements, their ratio of central bank funding to total assets stood at 13... percent). Excluding EFSF bonds, their net ECB exposure to total assets is lower by 4-5 percentage

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  6. Tsipras starts to flesh out SYRIZA's economic policy but questions remain

    PoliticsGreek Politics

    instalments with taxpayers who are in arrears. At the moment the total tax and social security...- and medium-sized enterprises. Tsipras said these lenders would be given a total starting capital of 3 billion

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  7. A breakdown of Tsipras's pledges on economic strategy in Thessaloniki
    Photo by MacroPolis

    Economy

    , while loan servicing will be downward adjusted so that the total obligations for bank loans, unpaid... euros (currently at 11 percent of total unemployed) will increase based on social criteria, without

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  8. ‘We’re dying to pay our taxes’
    Photo by MacroPolis

    Agora

    are in that boat; they’re owed about eight months’ salary in total. Every second or third week, they receive... and his car insurance – in total, that’s some 3,000 euros. It’s the fear of falling off the social

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  9. Increase in car sales accelerates to 44.3 pct in September

    EconomyMacroeconomy

    than half of total motor vehicle circulation licenses, showed a slower growth rate in September...) is in line with the total headline figure. Following a sharp drop of more than 30 percent in each

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  10. Greek travel receipts up 10.3 pct in August as 2014 targets revised upwards
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euro, with August receipts making up almost one third of total. Travel payments increased.... The August surplus contributed just over 35 percent of total. As with the previous month, the hike in travel

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