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European Commission paper highlights challenges for Greek exports
EconomyThe European Commission (EC) published an economic paper titled “The puzzle of the missing Greek exports” showing that Greece’s export performance is dramatically lagging behind, yet its export potential could be enormous. Greece has a track record of protracted trade deficits and low openness
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Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010
EconomyMacroeconomyreadings yet at much modest rates (up to -1.3 percent)
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Political tremors shake Spain, overshadow economic progress
Agorathat, consequently, Spain would accomplish neither the deficit target nor the brokered fiscal consolidation. Yet
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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomy. Nevertheless, new export orders rose modestly, yet at the fastest pace since August 2011. Although
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Young Greeks more likely to swap items and buy second hand
Society, electrical goods and furniture has yet to take off. Just 14 percent of respondents said they had “probably
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Greek jobless rate remains stuck at 27.3 pct for third month
Economyabove the 30-percent mark for the second year in a row, yet it eased to 30.7 percent in April from
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Greek primary budget surplus reaches 712 mln in first half of 2014
Economyon month for the second consecutive month, yet the 6-month figure dropped 10.1 percent to 3.13
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Recovery of farming subsidies threatens to widen Greek fiscal gap
Economythat were paid out to olive oil farmers and others since 2003. It is not yet clear whether recovering
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Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed
EconomyMacroeconomyat the end of 2013, yet it was reduced by 1.53 billion in the year to date. This reflects payments
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Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
Economyretreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet
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