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  1. Moody's downgrades Greek bond rating, sees chances of accident rising

    Economy

    restructuring on official sector debt would be a strong sign of lack of progress in negotiations

    2%

  2. Opposition parties on hold, pending outcome of coalition talks with creditors
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    of his strong attacks on SYRIZA but also because the number of Socialist lawmakers has dwindled

    2%

  3. This is how Greece kept its budget on track in Q1

    Agora

    Recent Greek budget data showed the huge revenue gap of 968 million euros recorded in January narrowed to 389 million by the end of the first quarter (Q1) of 2015. At the same time, primary expenditure, which was just 53 million better than target in January, displayed a strong outperformance

    2%

  4. Car sales soar by 47.2 pct in April for 20th straight monthly rise
    Photo by MacroPolis

    EconomyMacroeconomy

    than 30 percent per annum in the 2010-2012 period. Market sources attributed the strong rebound

    2%

  5. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    recording strong growth of 40.7 and 27.6 percent respectively. In contrast, the highest nosedive

    2%

  6. Greek SMEs face biggest obstacles to finance in euro area, ECB finds

    EconomyMacroeconomy

    The latest ECB bi-annual survey on enterprises’ access to finance for the six months ending in March 2015 reaffirmed that Greek SMEs continue to face the most significant obstacle among their eurozone peers. Starting from the turnover and profit dynamics, the survey showed a strong deterioration

    2%

  7. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound

    2%

  8. The key points from lenders' proposals to Greece

    EconomyProgramme

    percent (1.8 billion) in 2016 by: 1) Create strong disincentives to early retirement applicable

    2%

  9. PASOK prepares to change leader but perhaps not its fortune
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    risen to prominence over the last couple of years, partly because of his strong attacks on SYRIZA

    2%

  10. Growth in accommodation and food services turnover slows to 6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    attributed to a strong growth in international tourist arrivals, by 23 percent to 22 million partly offset

    2%