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Athens gets first taste of Erdogan's new era in power
PoliticsForeign Policyin Greek-Turkish relations. Despite the difficulties in dealing with Erdogan, Athens views him... and the way it handles Greek–Turkish relations is sometimes worse than Erdogan”. Nevertheless, relations with Turkey since Erdogan’s re-election have not got off the best of starts. Athens knows that it has
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Greek primary surplus at 400 mln to Oct but arrears keep piling up
EconomyMacroeconomyThe Greek general government (gg) cash deficit to October fell by 50.8 percent to 4.41 billion with the gg cash primary surplus landing at 1.38 billion from 2.53 billion last year, the Ministry of Finance (MoF) said on Tuesday. Similar to previous months, the reported gg data is on a cash basis
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Electricity drives rare rise in Greek industrial production index
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) had a small rebound of 0.5 percent in December following a downwards revised 5.4 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). Given the December figure, the IPI retreated 3.6 percent in 2013, which is broadly
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Greek deflation slows to 1.5 pct in January
EconomyMacroeconomyof the pricing structure and policies in the Greek economy. The latest Ministry of Finance and troika
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Greek primary budget surplus doubles to 835 mln in Jan but below target
Economyreport indicated that the identification of Greek banks capital needs – estimated at 15-20 billion
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Greek retail index dropped 4.3 pct in January
EconomyMacroeconomysix years earlier when the Greek crisis emerged. Hit by strict austerity measures that wiped out out
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Tension builds in Greek coalition and with SYRIZA as elections near
PoliticsGreek Politicsproposals for a review of the Greek constitution. The socialists saw this as an attempt
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Greek industrial production falls in March after three months of rises
EconomyMacroeconomyThe Greek Industrial Production Index (IPI) dropped 3.1 percent in March, from an upward revised 3.1 percent increase in February, according to the Hellenic Statistical Authority (ELSTAT). The IPI resumed a negative trend in March after recording an increase between 0.5 and 3.1 percent
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Greek credit contracts again in April but at slightly lower rate of 3.7 pct
EconomyMacroeconomyThe year on year (YoY) credit contraction in the Greek market decelerated to 3.7 percent in April from 4.1 percent in March, with balances easing to 215.14 billion euros, according to the Bank of Greece (BoG). Monthly net deductions slightly slipped to 674 million in April from 729 million in March
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Drop in Greek retail sales accelerates to 3.4 pct in March
EconomyMacroeconomypercent since the beginning of the Greek crisis. For 2015, the EC anticipates a rebound of 1.6 percent
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