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  1. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preceding two quarters, the negative performance

    19%
  2. Greek primary cash surplus up to 2.61 bln at end of November

    EconomyMacroeconomy

    exhibited a mid single-digit drop of 6.2 percent to 42.7 billion. Interest payments reported by BoG

    19%
  3. Bank of Greece sees growth at 0.7 pct in 2014, NPLs up to 34.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to stop increasing within 2015, while under the best-case scenario it is expected to drop by 4 pp

    19%
  4. Greek current account balance turns negative in October after four month of surpluses
    Photo by MacroPolis

    EconomyMacroeconomy

    of ships showed a considerable drop. Despite the negative result in October, the 10-month C

    19%
  5. Sharp monthly rise in unpaid taxes to 1.59 bln for November
    Photo by MacroPolis

    EconomyMacroeconomy

    drop in November, yet the 11-month figure stands at 25.2 percent compared to an annual target of 50

    19%
  6. Coalition to gain more support for president but still short of 180
    Photo by MacroPolis

    PoliticsGreek Politics

    . A prosecutor decided on Monday evening to drop the investigation into the claims after deeming

    19%
  7. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . In contrast, the drop in arrivals from Russia accelerated to -45.6 percent in October from -17.2 percent

    19%
  8. Greek trade deficit shrinks by 4.4 pct in October on back of strong exports

    EconomyMacroeconomy

    by 0.5 percent, while those from the EU grew by 4.8 percent. Despite the drop in October’s trade deficit

    19%
  9. Contraction in Greek credit eases slightly to 3 percent in November
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in Greek bank credit decelerated for the second straight month in November, falling to 3 percent from 3.2 percent in October, according to the Bank of Greece (BoG). Last month’s figures were the lowest negative reading since November 2011. Balances eased for the fifth consecutive

    19%
  10. Manufacturing PMI up for third straight month but still falls short of growth

    EconomyMacroeconomy

    in December. After a slight drop in October and a stable trend in November, output marginally rose

    19%