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  1. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    reported a drop in their turnover of more than 50 percent, with 32 percent indicating a decline... on holiday this summer, which is the highest percentage ever recorded and highlights the sharp drop

    2%

  2. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI... throughout the course of the year so far. The 12-month trailing index indicates a drop in CPI by 1.9

    2%

  3. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    for the second straight quarter by 1.8 percent versus a 2.6 percent quarter on quarter (QoQ) drop... a slight drop by 0.7 percent YoY in Q1 compared to a rise of 1.6 percent in Q4 2014. However, the Q1

    2%

  4. Study shows deep impact of capital controls on retail sector
    Photo by MacroPolis

    Economy

    . In absolute terms, the drop reached 520 million euros in July and 620 million in August, with turnover.... The study revealed that clothing and footwear suffered the most as the drop in their turnover

    2%

  5. Wages index drops in Q2 to its lowest level since 2001

    EconomyMacroeconomy

    then, the wages index displays a sharp drop by more than 29 percent attributed to the internal devaluation... (NSA) wages index showed a decline of 4.2 percent YoY in Q2 accelerating from the 0.7 percent drop

    2%

  6. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    forecasts were calling from a further drop in residential prices by 3.7 percent in 2015 and 1.2... drop in apartment prices in the next two years. Building activity is also related to the evolution

    2%

  7. ELA funding down by 1.23 bln in August for second successive fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding eased for the second successive month in August, when it fell by 1.23 billion euros after a drop by 1.29 billion in July, Bank of Greece's (BoG) monthly financial... is attributed to deposit inflows, since the respective drop in July was accompanied by total outflows

    2%

  8. Tsipras confounds expectations, creates new doubts by reviving coalition

    PoliticsGreek Politics

    difference was a surprise, as was the fact that SYRIZA saw its January support drop by less than 1... for centrist party To Potami, which saw its support drop from 6 percent in January to 4.1 percent

    2%

  9. Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year

    Economy

    a drop by 20 percent year on year (YoY). Similarly, the average monthly increase in the 8-month period... of 2014 – slipped by 97 million month on month (MoM) to 72.18 billion in August. The monthly drop

    2%

  10. New time deposit rate fell 12 bps in August to record low of 1.19 pct amid capital controls

    EconomyMacroeconomy

    Following a sharp drop by 50 basis points (bps) in July, Greek households’ new time deposit rate fell by another 12 bps to 1.19 percent in August Bank of Greece (BoG) figures showed on Thursday... for amounts above 1 million euros soared by 76 bps to 4.70 percent offsetting the cumulative drop

    2%