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Greek Manufacturing PMI eased in September but remains close to a 44-month high
EconomyMacroeconomyGreek Manufacturing PMI eased to 47.5 in September from a 44-month high of 48.7 in August, the first drop in the headline index over the last six months, according to Markit. Nevertheless... and retails sales still provide recessionary signals for the Greek economy.
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Greek GDP shrinks 3 pct in Q3, on course to contract by 4 pct in 2013
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 3 percent in the third quarter of 2013, confirming flash estimates released on November 14, according to provisional data published by the Hellenic... of the previous quarters, lend credence to the most recent projections by the Greek government and the troika
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New data shows 6.2 pct of Greek labour force in gray area
EconomyMacroeconomyThree new indicators released on Monday by the Greek statistical authority, ELSTAT, paint an even grimmer picture of Greece's labour market than the one most experts had considered until now... and persistent threats of the Greek crisis. The new figures provided by ELSTAT give a new dimension
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A third of Greek homeowners fear losing their properties in 2014
SocietyRoughly one in three Greeks fears losing their home in 2014 despite the restrictions on foreclosures the government has kept in place for the New Year. As of January 1, Greek banks have more leeway... 1 million Greek households are paying mortgages, meaning that 168,000 owners are failing to pay
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Key Greek election date firms up; turnout could prove crucial
PoliticsGreek Politicspercent in 2009. Although still above the EU average, this is considered very low for Greek.... The party has chosen an unknown economist, 33-year-old Gavriil Sakelaridis, to run in the Greek capital
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Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept
EconomyMacroeconomyThe year on year (yoy) credit contraction in the Greek market marginally accelerated for the second straight month to 4 percent in January from 3.9 percent in December, with balances reaching 217.61... also disclosed today the evolution of Greek banks’ non-performing loan (NPL) ratio, which jumped
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Greek deposits fell by 1.4 pct in January amid outflows of 2.3 bln
EconomyMacroeconomyGreek private sector deposits fell 1.4 percent month on month (mom) in January with balances reaching 161.03 billion euros, according to the Bank of Greece (BoG). Net flow turned negative... that returned to Greek banks stems from time deposits, while savings posted outflows of 2.8 billion
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Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year
EconomyMacroeconomyGreek non-seasonally-adjusted GDP contracted 2.3 percent in the fourth quarter of 2013, which was 0.3 percentage points better than the flash estimate released a month ago indicating a 2.6 percent... the 4-percent mark forecast by the Greek government and latest European Commission estimates published
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Is the Greek coalition about to cry over fresh milk?
PoliticsGreek PoliticsJust a few days after the Greek coalition basked in the satisfaction of wrapping up seven-month negotiations with the troika, a minor aspect of that agreement is threatening to undermine... of the 300 seats in Greek Parliament so this is threatening to grow into a general storm rather than
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Greek coalition reaches milestones but PASOK looking increasingly weary
PoliticsGreek PoliticsThe Greek government has passed some significant milestones this week but fresh turmoil in PASOK means that the coalition is also having to focus on the trouble that may lie ahead. The passing..., which are building up as a definitive moment for Greek politics.
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