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  1. Greek industrial turnover drop accelerates in April

    EconomyMacroeconomy

    , the average index shows a decline of 5 percent over the trailing 12 months. The acceleration

    6%
  2. With prior actions pending, PASOK showing signs of adjustment fatigue
    Photo by MacroPolis

    PoliticsGreek Politics

    Greece has to complete 12 “prior actions” to receive the next 2 billion euros of its bailout from the eurozone but the coalition’s appetite for adopting measures appears to be waning. The government had to complete six tasks to receive the June instalment of 1 billion euros and another six to get 1

    6%
  3. Majority of services sectors still see contraction in turnover in Q1 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    professional, scientific and technical activities (up 12 percent). Legal and accounting activities

    6%
  4. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    -term unemployed, which is those who have been out of work for more than 12 months. Long-term

    6%
  5. Greek coalition overcomes concerns about "small PPC"

    PoliticsGreek Politics

    -euro sub-tranche of its eurozone bailout. It is one of the 12 tasks Greece needs to fulfil

    6%
  6. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    the past 12 months and is largely attributed to corporate lending net deductions of 801 million

    6%
  7. Bid to form alliance for PPC referendum tests SYRIZA's political mettle
    Photo by MacroPolis

    PoliticsGreek Politics

    and the Communist Party (KKE), which has 12 lawmakers, to back the proposal. However, a discussion

    6%
  8. Exports continued their decline, down by 8.3 pct in May

    Economy

    indicates a 6.5 percent decline over the past 12 months. Imports resumed an upward trend in May rising

    6%
  9. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    unemployed receive benefits only for the first 12 months they are out of work. The number of inactive

    6%
  10. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    of 500 million euros each in June. Alpha issued on June 12 a 3-year note with a 3.5 percent yield

    6%