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  1. Draft budget sees primary surplus at 1.8 pct of GDP in 2017, revenue interventions of 2.5 bln

    EconomyMacroeconomy

    14.34 billion this year. In addition, interest payments are seen down by 100 million to 5.55 billion... down from 3.3 percent in 2015 to 3.2 percent in 2016 and further to 3 percent in 2017.

    4%
  2. Broadly stable rate in time deposits, corporate loan rates fall in Aug

    EconomyMacroeconomy

    cards) fell modestly by 4 bps to 14.43 percent. The rate on loans to sole proprietors edged down 1 bp... loans down by 5 bps to 4.96 percent, after a short-lived rise above the 5-percnt mark in July. Overall

    4%
  3. Row with church too much for Tsipras's fragile coalition
    Photo by Harry van Versendaal

    Agora

    backed down from its bid to change the textbooks used for the school classes, at least... in Europe. This is largely down to the Christian Orthodox connection between Greece and Russia, although

    4%
  4. Trade deficit rises 11.6 pct in Aug on slight increase in imports and stable exports
    Photo by Håkan Dahlström via Flickr https://flic.kr/p/5MQQVH

    EconomyMacroeconomy

    countries retreated by 12 percent. In addition, exports to EU countries edged down 0.6 percent, while... percent in the 8-month period, while exports edged down 0.5 percent leading the corresponding trade

    4%
  5. Greek households continue to slash spending on goods and services

    Society

    was down in 11 of the 12 categories included in the survey, the biggest falls in durables (-8.6... (+4.1 percent) was also up in 2015, while the amount of gas and solid fuels was down (-5.2 and -11.8

    4%
  6. Despite the drama, Kammenos proves reliable coalition partner for Tsipras

    PoliticsGreek Politics

    the archbishop that he would be willing to quit the government, and likely bring down the coalition... to bring the coalition down, Kammenos’s outbursts should be seen as ways of him trying to strengthen his

    4%
  7. Greek Pharmaceuticals: The little pill with big potential
    Photo via Flickr https://flic.kr/p/9KY9Wj

    EconomyFeatures

    production of pharmaceutical at ex-factory prices reached 857 million euros in 2014, down 2.8 percent compared to 2013. Exports for 2014 were valued at 1,049 million euros, down 0.7 percent compared

    4%
  8. Newsletter 93 - 21/10/2016

    Newsletters

    euros, which corresponds to 0.15 percent of GDP, down from the 0.63 percent contained in the first... the whole structure down. The influx of hundreds of thousands of refugees from Syria and other war-torn

    4%
  9. Tsipras encounters SYRIZA resistance, waits for court verdict on TV licences
    Photo by MacroPolis

    PoliticsGreek Politics

    , prompting calls for either the coalition to step down or Pappas to quit his post. “Maybe some people... always judge but they cannot legislate.” It remains to be seen if the attempts to play down

    4%
  10. Reshuffle expectations doused as coalition braces for TV permits ruling
    Photo by MacroPolis

    PoliticsGreek Politics

    . The government has been bracing itself of for a negative outcome and has played down the possibility of this leading to the coalition stepping down. In fact, the latest suggestion is that the Tsipras

    4%