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  1. Parliament Budget Office sees Greece heading for recession on back of uncertainty

    EconomyMacroeconomy

    to investors and the opposition to labour market liberalisation, have strong justification. However, the PBO

    2%

  2. Moody's downgrades Greek bond rating, sees chances of accident rising

    Economy

    restructuring on official sector debt would be a strong sign of lack of progress in negotiations

    2%

  3. Opposition parties on hold, pending outcome of coalition talks with creditors
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    of his strong attacks on SYRIZA but also because the number of Socialist lawmakers has dwindled

    2%

  4. Greek stocks, bond yields show effects of worsening mood regarding country's prospects
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    . As a result, despite the strong gains of 8.1 percent recorded last week, Greek shares are down by 5.5 percent

    2%

  5. Car sales soar by 47.2 pct in April for 20th straight monthly rise
    Photo by MacroPolis

    EconomyMacroeconomy

    than 30 percent per annum in the 2010-2012 period. Market sources attributed the strong rebound

    2%

  6. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    recording strong growth of 40.7 and 27.6 percent respectively. In contrast, the highest nosedive

    2%

  7. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    by 8.1 percent with receipts up 13.3 percent, entirely reflecting a strong growth (+34.3 percent) in non

    2%

  8. Reopening public broadcaster poses multiple challenges for Tsipras

    PoliticsGreek Politics

    will have strong public backing if it attempts to restore some order in private broadcasting, where

    2%

  9. Greek SMEs face biggest obstacles to finance in euro area, ECB finds

    EconomyMacroeconomy

    The latest ECB bi-annual survey on enterprises’ access to finance for the six months ending in March 2015 reaffirmed that Greek SMEs continue to face the most significant obstacle among their eurozone peers. Starting from the turnover and profit dynamics, the survey showed a strong deterioration

    2%

  10. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound

    2%