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  1. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    ’ proposal for a 13 percent rate on basic food and water excluding sewage, meaning that non-basic food and sewage would be move the 23 percent rate in contrast to the government’s last proposal. Fiscal

    4%

  2. Greek trade deficit plunges by 24.2 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    compared to the headline rate (-11.6 percent). Similarly to the May performance, the breakdown by region... digit rate (+10.8 percent), while those to non-EU countries fell by 9.9 percent. In addition, imports

    4%

  3. Newsletter 34 - 10/07/2015

    Newsletters

    increasing the corporate tax rate from 26 to 28 percent, with estimated revenues at 260 million in 2016.... Unemployment eases in April The jobless rate in Greece eased to 25.6 percent in April from 25.8 percent

    4%

  4. Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    at 66,422 in the 6-month period with passenger cars up by a similar rate to 55,054 corresponding... with the 55 percent rate posted for the whole 2014. After a slight rise by 1.3 percent in 2013, the number

    4%

  5. Building activity up by 6.2 pct in April for third straight rise
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek building permits advanced for the third straight month by 6.2 percent in April from 19.1 percent in Mar, according to the Hellenic Statistical Authority (ELSTAT). The April growth rate... and 20.7 percent respectively. However, the run rate over the trailing twelve months still shows

    4%

  6. IMF urges substantial debt relief for Greece

    EconomyProgramme

    the highest productivity growth and labour force participation rate in the eurozone, which requires very... rates close to the current European loan rate before debt has been brought to much lower levels

    4%

  7. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    , revenues (before tax refunds) fell In June by a double-digit rate (18.4 percent) for the second successive... digit rate (-23.1 percent) in June, bringing the 6-month figure down 8.9 percent to 18.28 billion

    4%

  8. Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive

    EconomyMacroeconomy

    ). The June headline rate is the slowest decline since August 2011. The monthly loan flow turned positive.... The rate of contraction remains above the 3-percent mark at 3.4 percent in June. Consumer credit

    4%

  9. Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
    Photo by MacroPolis

    EconomyMacroeconomy

    figures for the 7-month period point to a growth rate of 18.4 percent significantly slowing from the 27... motor cars in July with the 7-month rate at 54 percent similar to that recorded for the whole 2014

    4%

  10. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    and mothers with children with disability) with immediate application. 2) Change in the interest rate... targeting of eligibility for heating oil subsidies. 11) Increase the rate of the tonnage tax

    4%