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  1. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    stood at 0.8 percent, yet monthly flow remained at extremely low levels showing net deductions of 5... flow coupled with banks’ ongoing deleveraging. Although the BoG has not yet released the year-end

    2%
  2. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    . Tax refunds dropped month on month, yet the 6-month figure jumped 160 percent to 1.56 billion, 6.6... 5.5 percent in June, yet the 6-month dropped 6.3 percent to 20.06 billion, outperforming target

    2%
  3. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    which was the most marked over the past 3 years, yet only modest overall. Although the rate of decline... demand led to a reduction in staffing numbers for the second straight month, yet at a slower to June

    2%
  4. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    income of 1.5 billion, which was recorded in the budget execution, yet excluded from the fiscal targets... at 320 million, yet 52 million below target. PIB revenues amounted to 316 million in July, down

    2%
  5. Sudden jump in unpaid taxes last month takes total to almost 70 bln

    EconomyMacroeconomy

    amounted to 62.55 billion at the end of 2013, yet it was reduced by 1.97 billion in the 8-month period... a weak performance in July, yet they remain well below the annual targets. Those targets were set

    2%
  6. Mixed messages continue to dog SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    to be just a case of kicking the can down the road. SYRIZA has not yet achieved a level of unity that means serious splits developing within the party (whether in opposition or government) can yet

    2%
  7. Venizelos ready to work with SYRIZA but leftists and Papandreou to have last say
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    PASOK leader Evangelos Venizelos gave on Saturday his clearest indication yet that he is prepared to work with SYRIZA to form a government after the January 25 elections. However, the formation... support from PASOK but it is not yet clear how much. If PASOK voters were to take to Papandreou’s

    2%
  8. Greek credit contracts by 3.1 pct in December

    EconomyMacroeconomy

    in November, yet both figures indicate the second and first lowest reading respectively in 2014. Note... slightly accelerated to 3.7 percent, yet it indicates the second lowest negative reading since April

    2%
  9. Greek Manufacturing PMI down to 48.3 pts in January, reaches 15-month low

    EconomyMacroeconomy

    and abroad, while export orders further dropped, yet a slower pace compared to December rate. Falling... month, albeit only marginal, as renewed production weakness has yet to filter through to hiring

    2%
  10. What we've got here is a failure to communicate

    Agora

    of the doubts, although a totally clear picture has yet to emerge. The initial impression... unclear. The SYRIZA-led government may yet be forced to make an about-face (or kolotoumba as it is known

    2%