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  1. Preparations for local elections expose SYRIZA weakness

    PoliticsGreek Politics

    politics, which tend to be community- rather than nation-driven. On Friday, New Democracy MP Yiannis... of Thessalonik rather than the governorhsip. This week’s events underline how much more complicated Greek

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  2. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    and net revenues which more than offset lower expenditure. Revenues excluding tax refunds rose 6.1... in January to 2.95 billion euros, 405 million better than the target. Interest payments eased 9.2

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  3. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    drop of 27.4 percent in permits. The bulk of total building activity (more than 90 percent) is related.... At the same time, the housing non-performing loan ratio has more than tripled to 24 percent at the end of June

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  4. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    . The headline figure for 2013 was negative at -0.9 percent for the first time after more than 45... demand stemming from the ongoing impact of the austerity measures rather than a rationalisation

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  5. Spain’s economic recovery languishes amid graft scandals

    Agora

    the 0.5 percent rate calculated by the European Commission but lower than the 1 percent estimated.... According to the European Commission’s economic forecasts, Spain’s deficit won’t be lower than 6 percent

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  6. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    of GDP), according to the Bank of Greece (BoG). The C/A deficit in December more than halved to 215... more than offset a rise in the trade deficit by 339 million. The 5.9-billion-euro improvement

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  7. Where Greek banks stand ahead of capital needs disclosure
    Photo by Harry van Versendaal

    Economy

    in their business plans until 2017. The capital needs will reportedly be based on the baseline (rather than.... The lender believes the proceeds will more than cover its potential capital needs. Nevertheless, the recent

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  8. What lies at the heart of differences over Greek banks' capital needs?
    Photo by MacroPolis

    Economy

    larger than the one the BoG has reportedly arrived at. In addition, the newspaper states that senior... estimates are most likely based on the adverse rather than the baseline scenario for the domestic economy

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  9. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    Budget (PIB) expenditure and tax refunds which more than offset lower expenditure. Revenues excluding... better than the target. The sharp drop mainly reflects a drop in grants to social security sector

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  10. Another party arrives on Greece's increasingly diffuse political scene
    Photo by MacroPolis

    PoliticsGreek Politics

    Journalist and TV presenter Stavros Theodorakis officially launched a new party on Tuesday. Rather than for its content, his muddled presentation was more notable because it heralded the arrival... leave no party with a clear majority, requiring several political fault lines - some much greater than

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