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  1. Disposable income plunged 9.3 pct in Q2, dragging consumption down with it

    EconomyMacroeconomy

    -2.3 billion last year. The savings rate of households, defined as gross savings divided by gross

    5%

  2. Fight against tax evasion yields results, reveals challenges

    Society

    of the Greek economy. In the European Union, Greece has by far the highest rate of self-employed people in its

    5%

  3. Retail's downward slide continued with 8.9 pct sales drop in August

    Economy

    Retail sales headed south for yet another month with the contraction rate decelerating to 8.9 percent in August from a revised 14.1 percent in July, according to Hellenic Statistical Authority (ELSTAT). A broadly similar drop of 7.8 percent was also evident in retail volumes. The decline in 2013

    5%

  4. In clearest statement yet, Tsipras says he'd keep euro
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    . Lastly, Tsipras called for Greece's future debt repayments to be tied to the country's growth rate

    5%

  5. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) accelerated to 2.0 percent in October compared to a 1.1 percent decline in September, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, CPI marginally eased by 0.1 percent, while the average rate of CPI change over

    5%

  6. Greece's industrial production shows no signs of reversing the negative trend

    EconomyMacroeconomy

    in all industrial areas, with mining & quarrying as well as electricity underperforming with a rate

    5%

  7. Greece’s building activity remained in deep red for August

    EconomyMacroeconomy

    a drop of 9.5 bln or circa 12 percent since its peak in August 2010. The rate of contraction in housing

    5%

  8. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    among the 34 countries surveyed. The highest rate of confidence was in Switzerland, where it reached 80

    5%

  9. Industrial turnover index falls 8 pct in September, new orders also down

    EconomyMacroeconomy

    in the domestic market slipped 6.4 percent. The only industrial sector with a positive growth rate

    5%

  10. Greek banks’ reliance on Eurosystem fell by 2.36 bln in October

    Economy

    percent for Alpha and National. Furthermore, the recent ECB rate cut by 0.25 percentage points

    5%