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  1. State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013

    EconomyMacroeconomy

    , followed by state hospitals at 958 million (16 percent) and local authorities at 683 million (12 percent

    6%
  2. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    is indirectly linked to building activity, shows a drop of 9.7 billion or circa 12 percent since its peak

    6%
  3. Despite pledges, Greeks uncertain and feel recovery will take years
    Photo by Harry van Versendaal

    Society

    believe that the crisis will only last for another 12 months maximum. Just over half of the 1,005 people

    6%
  4. Narrowing of trade deficit slows in November as exports fall 22.5 pct

    EconomyMacroeconomy

    Greece’s trade deficit narrowed 2.4 percent to 1.54 billion euros in November, while the respective 11-month figure fell 12 percent to 17.86 billion, according to the Hellenic Statistical Authority (ELSTAT). The change to November shows a continued deceleration since the drop in the trade deficit

    6%
  5. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    of 2013 following a 7 – 12 percent decline in the preceding six quarters, according to ELSTAT

    6%
  6. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    in the 9-month period. Excluding December data, which is not yet available, the trade deficit fell 12

    6%
  7. Troika returning to Greece but key decisions still months away
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    for the 12 months ahead. A report in the Wall Street Journal indicated that a commitment to a specific

    6%
  8. Greek banks' Eurosystem funding down for second month in a row in Feb

    EconomyMacroeconomy

    15 percent by 2017. Latest bank data (end of 2013) indicate that these ratios range from 12 percent

    6%
  9. Eurogroup clears next bailout tranches for Greece, sets new goals

    EconomyProgramme

    . The Eurogroup reiterated that the Greek program is fully financed for the next 12 months “including

    6%
  10. Industrial production rises for three months in a row for first time since 2007

    EconomyMacroeconomy

    , when 11 of the 12 months produced positive readings. The key drivers for the modest growth

    6%