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PM concedes cooperation may be necessary as opinion polls continue to deny outright win
PoliticsGreek Politics, has sought to undermine the PASOK leader’s authority by suggesting that Androulakis does not truly
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Government bets on big energy headlines while pledging discipline at the pump
PoliticsGreek Politicswith foreign energy majors are truly in the national interest. The opposition has also drawn attention
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Marginal deposits outflow of 212 million euros in August
EconomyMacroeconomybillion in August almost flat mom. It is also worth noting that total deposits – including euro
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2014 draft budget: An ambitious fiscal consolidation targeting a primary surplus of 1.6 pct
EconomyMacroeconomyin 2014 from -7.0 percent in 2013). Note that nominal GDP is anticipated to remain almost flat yoy
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Greece's building activity continues its nosedive in July
EconomyMacroeconomyGreek building activity (measured by the number of building permits) dropped 24.0 percent in July with the respective surface figure easing 8.6 percent, while volume remained flat year on year, according to the Hellenic Statistical Authority (ELSTAT). Moving to the aggregate figures, which strip
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Drop in Greek CPI decelerated to 1.1 pct in September
EconomyMacroeconomyand 3.5 percent respectively, while clothing and footwear prices remained almost flat year on year
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For Stournaras, it's out of the frying pan and into the heating oil
PoliticsGreek Politicsflat rate corporate tax in Greece. This formed the basis of his economic plan before he was elected
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Greece goes deeper into deflation territory
EconomyMacroeconomy(+2.6 percent), most likely due to end of the sales period, while remained almost flat in October
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Unemployment rate remained unchanged at 27.3 pct in August
EconomyMacroeconomyThe seasonally adjusted unemployment rate in August stayed flat at 27.3 percent, following a downward revision by 0.3 percentage points of the previously announced July rate of 27.6 percent, according to data released by the Hellenic Statistical Authority (ELSTAT). The August rate is now marginally
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With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
EconomyMacroeconomyflat yoy at 183.1 billion in 2014 from 182.9 billion in 2013. It is noteworthy that the Ministry
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