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  1. Most services in Greece see turnover improve in Q1

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector displayed an improvement for the second consecutive quarter in Q1 2015, with 11 out of 14 service activities posting a rise, according to the Hellenic Statistical Authority (ELSTAT). In Q4 2014, eight service activities had recorded

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  2. A closer look at Greece's revised proposals to lenders

    EconomyProgramme

    to a total number of 35,000 VLTS that are expected to be installed in the second half of the year. 3

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  3. Greek stocks down by 4.77 pct as bond yields head further north

    Economy

    prices was accompanied by increased trading activity for the second successive session

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  4. Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    million MoM, which is the second highest monthly rise within the year. It is also noteworthy

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  5. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    and rollover of foreigner investors T-Bill holdings. The PIB was the second key contributor

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  6. Tsipras opts for referendum, leaving many issues open
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime Minister Alexis Tsipras has made a surprise move by calling a referendum on the institutions’ proposals to Greece for completing its second bailout. In a brief televised address, Tsipras said that he could not accept the terms offered by lenders. He criticised the proposals and reserved

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  7. What capital controls will mean for Greek banks, customers and the economy
    Photo by MacroPolis

    Economy

    stations particularly on Sunday evening. The second, and most critical, development, was the most

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  8. Economic sentiment down 0.7 pts in June, consumer confidence also falls

    EconomyMacroeconomy

    to -48. In contrast, the services confidence improved by 0.7 points to -9.4, which is the second lowest

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  9. PMI falls to 46.9 pts in June in ten straight months of contraction

    EconomyMacroeconomy

    Greece’s Manufacturing PMI eased by 1.1 points to 46.9 in June from 48 in May, according to Markit. The headline figure indicates the second lowest reading in the last two years, while remains below the 50-point mark implying a contraction for the tenth successive month. The survey data displayed

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  10. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    The interest rate on Greek households’ new time deposits marginally slipped for the second straight month by 1 basis point (bp) to 1.81 percent in May from 1.82 percent in April, according to the Bank of Greece (BoG). In spite of the significant deposit outflows of 35.3 billion since last December

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