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  1. For Stournaras, it's out of the frying pan and into the heating oil

    PoliticsGreek Politics

    flat rate corporate tax in Greece. This formed the basis of his economic plan before he was elected

    13%

  2. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    from ELSTAT, even in non-seasonally adjusted terms the rate of unemployment remained flat

    13%

  3. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    (+2.6 percent), most likely due to end of the sales period, while remained almost flat in October

    13%

  4. Unemployment rate remained unchanged at 27.3 pct in August
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following a downward revision by 0.3 percentage points of the previously announced July rate of 27.6 percent, according to data released by the Hellenic Statistical Authority (ELSTAT). The August rate is now marginally

    13%

  5. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    flat yoy at 183.1 billion in 2014 from 182.9 billion in 2013. It is noteworthy that the Ministry

    13%

  6. Greek deposits slip in October as credit also contracts by 3.9 pct

    EconomyMacroeconomy

    to 737 million. Loans to sole proprietors remained flat yoy at 13.5 billion with marginal inflows

    13%

  7. Manufacturing PMI in Greece hits a 51-month high in November

    EconomyMacroeconomy

    two months, the level of new orders was flat in November. The intakes of orders from foreign clients

    13%

  8. Big drops of 9.3 and 17.5 pct for turnover and new orders in October

    Economy

    , while a flat trend in new orders after a renewed decline in the previous two months was another

    13%

  9. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    proprietors remained flat yoy at 13.88 billion with marginal net deductions of 13 million in November. What

    13%

  10. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    Retail sales turnover stayed flat year on year (yoy) in November following a 2.1 percent drop recorded in October, according to Hellenic Statistical Authority (ELSTAT). The headline figure posted a non-negative yoy reading for the first time since June 2010. Similarly, retail volumes showed a 2.9

    13%