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  1. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    -tranche, 1.1 billion will be used for debt servicing and 1.7 billion for arrears’ clearance. The latter

    2%
  2. Newsletter 80 - 01/07/2016

    Newsletters

    eased 2.4 percent in May and 1.1 percent in the first five months to 15.49 billion, 2.06 billion lower

    2%
  3. Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday. The absolute figure landed at 1.1 billion in May, while the corresponding payments fell by 5.5 percent to 179.6

    2%
  4. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    by the BoG, EC and the OECD is now in sight. It is worth remembering that GDP contracted by 1.1 percent

    2%
  5. Retail sales drop for thirteenth straight month by 5.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    month by 1.1 points to 9.3.

    2%
  6. Latest data highlights how hard it is for unemployed Greeks to find jobs
    Photo by MacroPolis

    Society

    Out of all the people in Greece who were unemployed in the fourth quarter 2015, 94.6 percent remained out of work in the first quarter 2016, in what is the highest rate in the European Union, data from Eurostat has shown. Only 4.3 percent of jobless Greeks moved into employment and 1.1 percent

    2%
  7. Greek stocks on the rise again, end week 2.1 pct up
    Photo via www.helex.com

    Economy

    and approved the disbursement of 1.1 billion euros, while the remaining 1.7 billion of the 2.8-billion

    2%
  8. Primary cash surplus expands to 3.2 bln by September incorporating arrears repayment of 2 bln

    EconomyMacroeconomy

    is the highest reading so far this year. The reported expenditure edged up 1.1 percent to 3.77 billion

    2%
  9. ELSTAT revises 2015 primary surplus downward to 0.15 pct of GDP, slightly ups debt

    EconomyMacroeconomy

    million lower than the April figure of 1.1 billion (0.63 percent of GDP). According to ELSTAT

    2%
  10. Chinese State Grid makes highest bid of 320 mln for 24 pct stake in ADMIE

    Economy

    tranche of 1.1 billion euros. During the first phase of the sale process, four companies - the Italian

    2%