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  1. Sharp drop of 5.3 bln for Greek ELA funding after completion of capital increases

    EconomyMacroeconomy

    November saw the fastest pace of decline since July. The absolute figure landed at 113.41 billion...Greek banks’ Eurosystem funding fell by 5.98 billion euros in November following a drop by 2.01..., Eurosystem funding has been trimmed by 13.17 billion euros and largely reflects the reduced uncertainty

    9%

  2. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the f...

    9%

  3. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco...

    9%

  4. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred to, posting a negative growth, according to the Helleni...

    9%

  5. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according to the Hellenic Statistical Authority (ELSTAT). In the preced...

    9%

  6. Office prices and rents saw substantial fall in H1 2014

    Economy

    The Bank of Greece (BoG) published on Monday for the first time its commercial property price and rent indices. The released data concerns office and retail price and rent levels of prime investment property and cover the period from the first half (H1)...

    9%

  7. Greek households saw net financial wealth plummet by 37.5 pct during crisis
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Τhe impact on Greek households’ financial wealth and liabilities during the crisis years is examined in a study included in the latest statistical bulletin published by Bank of Greece on Wednesday. The study showed that the net financial wealth of Greek...

    9%

  8. Coalition bolsters unity in face of opposition pressure
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    Greeks (ANEL) appear to have made the coalition members even more determined to stick together... took their decision after ANEL indicated it would not back two pieces of draft legislation. One... and to avoid fines from Brussels. However, New Democracy and ANEL were among those who expressed concern

    9%

  9. SYRIZA confident of survival beyond name deal, confidence vote
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    (ANEL), departs the government as the opposition parties do not have enough support to win... during the gathering was what would happen after the departure of ANEL, which is thought to be just... the ratification of the Prespes Agreement as early as this Friday and ANEL leader Panos Kammenos has said he

    9%

  10. Latest lockdown tweaks prompt opposition backlash
    Photo by MacroPolis

    PoliticsGreek Politics

    a balance between optimism and caution, warning that while warmer weather and the vaccination programme

    9%