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  1. With prior actions pending, PASOK showing signs of adjustment fatigue
    Photo by MacroPolis

    PoliticsGreek Politics

    entering a near state of paralysis in the build-up to the local and European elections on May 18 and 25... passed an amendment last week giving it until this Friday to make a decision. A few extra days may help

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  2. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    for the 2-year period. Ministry sources said the government may reconsider its policy on taxation... 12,000 euros. Nevertheless, the troika may request the extension of this levy to cover

    2%

  3. European Commission paper highlights challenges for Greek exports

    Economy

    as well as tight trade credit have hurt Greek exports. These temporary factors may delay the revival... of exports may become visible, more clearly reflecting the reforms undertaken. The study also notes

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

    PoliticsGreek Politics

    Although the government is coming under pressure due to its attempts to sell part of Greece's electricity monopoly, the Public Power Corporation (PPC), the confrontation over the privatisation may... victory in the European Parliament elections in May. The failure to form an alliance over

    2%

  5. Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) continued showing strong growth of 46.3 percent in June, after increasing by 48.7 percent in May, according to the Hellenic Statistical Authority (ELSTAT). The June reading is the second highest (after May) rate

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  6. DIMAR imploding and leaving gap in Greek center left
    Photo by MacroPolis

    PoliticsGreek Politics

    in the European Parliament elections in May, when DIMAR gained just 1.2 percent, is going to usher... fewer Greeks backed the party in May than in the June 2012 general elections. Analysis of the EU vote

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  7. Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed

    EconomyMacroeconomy

    The rate of increase in Greece’s unpaid taxes accelerated to 1.03 billion euros in June from 873 million in May and 763 million in April, according to data provided by the General Secretariat..., underperforming the target of 65 percent. This category of audits was the only one that beat target to May

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  8. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    weigh on the recovery. The PBO estimates that the economic recovery this year may be stronger than... billion euros and now stand at the high end in the EU. Nevertheless, they may not prove adequate

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  9. Settling rising private debt? The IMF has some ideas

    Economy

    buffers, absorb management time and create uncertainties. · Public sector debt sustainability may... to be restored after restructuring. · Managing expectations: Since government-sanctioned bailouts may

    2%

  10. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    on new deposits fell 8 bps to 1.51 percent in June from 1.59 percent in May. The movement in the new loan... down 46 bps to 3.41 percent in June from 3.87 percent in May. However, the June figure remains 10

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