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  1. 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

    estimates for GDP components, private consumption is seen rising by 0.9 percent in 2015 and by 1.1... and rebound by 1.1 percent in 2016. The OECD stresses that the implementation of structural reforms

    4%

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

    EconomyProgramme

    (versus targets) of 1.1 percent for 2015 and 1.9 percent for 2016 emerged. For this shortfall to be covered, the government proposed thirteen “parametric” measures worth 2 billion euros for 2015 (1.1

    4%

  3. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    ), a figure which is almost half the 1.1 billion that was spent in 2013. The Manpower Employment Agency... reduced from the 1.4 billion of 2013 still required 1.1 billion last year. The state’s contribution

    4%

  4. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    for intermediate goods, consumer durables and consumer non-durables increased by 3, 2.5 and 1.1 percent...’s Manufacturing PMI eased by 1.1 points to 46.9 points in June, indicating the second lowest

    4%

  5. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    for the second consecutive quarter mainly reflects a rebound in final consumption by 1.1 percent, falling..., real GDP grew by 1.1 percent, while nominal GDP eased by 0.2 percent, fully due to the negative

    4%

  6. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    to corporate loans. Eurobank NII rebounded 1.1 percent QoQ to 377.9 million largely led by lower... trading and other income minus expenses) slightly improved by 1.1 percent QoQ to 204 million. Gross

    4%

  7. Notable increase in grants to social security sector leads to budget primary deficit in Nov

    Economy

    largely due to a drop in VAT revenues by 1.1 percent, while consumption taxes marginally improved... year includes seasonal revenues such as road tax fees targeted at 1.1 billion, the annual revenue

    4%

  8. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    of measures were legislated that have a full year effect of 1.1 billion euros, according to the budget... benefits at 3.9 billion and other benefits of 1.1 billion euros. On top of its contributions... took a major hit not only as a result of people dropping out the labour force en masse but also due

    4%

  9. Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders

    Economy

    at 583.65 this Friday. Despite the weekly losses, Greek stocks have advanced 1.1 percent in April, while... (+3.4 percent) and Athens Water – EYDAP (+1.1 percent). In contrast, the top underperformers included

    4%

  10. General gov't primary cash surplus widens to 3.2 bln in March, arrears jump to 6.7 bln

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus almost tripled to 3.22 billion euros in the first quarter (Q1) of 2016 from 1.1 billion in the corresponding period last year, the Finance..., while tax refund arrears stood at 1.1 billion, down by 188 million in Q1. A large part

    4%