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  1. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    that: a) The drop in final consumption expenditure was almost half at -3 percent from -5.6 percent before... years (2008-2013), the most significant revisions of GDP components indicated that: a) The highest drop... with up to 1 percentage point revision from previous estimates

    7%

  2. Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln

    EconomyMacroeconomy

    in November, from a drop of 17.9 percent in October. November’s figure fell short of target by 134... with the 11-month figure up 4.1 percent to 18.64 billion, 415 million below target. This mainly reflects... reflects a drop in revenues by 6.1 percent and a 15.1 percent increase in expenditure.

    7%

  3. Greek stocks tumble, bond yields rise in wake of Tsipras speech

    Economy

    below the 800-point mark for the first time since February 2 and closed at 765.22, implying a drop... today extending their post-elections losses to 37.2 percent. Piraeus recorded the sharpest drop (-14.1... million almost half the average turnover of 162 million last week. Bank shares made up more than 60

    7%

  4. Greek stocks and bond yields recover on hopes of deal with eurozone

    Economy

    and Public Power Corporation (PPC) also recorded strong gains, up 11.6 and 8.9 percent respectively...-lived drop to 86 million on Monday. Note though that the bulk of trading activity (almost 80 percent...’s rises. The 3-year GGB showed the highest drop as it fell by more than 2.5 percentage points (pp

    7%

  5. As negotiations start, Greek coalition draws confidence from public opinion
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    , since the elections there has been a dramatic drop in the amounts being withdrawn by Greeks... of the payment plan for overdue debts introduced by the previous government, which allows up to 100..., revenues reached 49.6 billion euros, down 3.5 percent year on year, mostly due to a drop in indirect

    7%

  6. Greek primary budget surplus halved in Jan as revenues miss target

    Economy

    million below target. Revenues (excluding tax refunds) posted a double-digit drop (-18.4 percent... of the existing plan for settling previous years’ unpaid tax obligations, which allows for up to 100... above target. As a result, net revenues posted a higher drop (-21 percent) to 3.49 billion, 1.05

    7%

  7. Greek current account deficit widens to 847 mln in Jan as exports fall further
    Photo by MacroPolis

    EconomyMacroeconomy

    . The breakdown of the other key C/A components showed the drop in the primary income account... in Greece, did not show any notable change (up by just 1.5 million). Under the portfolio investment... stemming from a similar drop in non-residents’ holdings of Greek government bonds and T-Bills

    7%

  8. Greek CPI down by 2.1 pct in April

    EconomyMacroeconomy

    (HICP) showed a slower drop by 1.8 percent in April from 1.9 percent posted in March. Following... showed a downward trend. The highest YoY drop was displayed in housing (-6.8 percent), transport (-4..., prices in alcoholic beverages and tobacco as well as in food and non-alcoholic beverages edged up

    7%

  9. Newsletter 27 - 22/05/2015

    Newsletters

    up the process of securing a deal. This leaves the process rather precariously balanced... of around 2.1 billion to the IMF. Drop mainly reflects the return of 10.9 billion of EFSF bonds to the ESM in late February. Drop in industrial turnover slows The Turnover Index in Industry fell again

    7%

  10. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    led by Greek operations (-21.1 percent), while general expenses posted a much slower drop by 2.8... percent in Q1 (from 46 percent in Q4) with the cash coverage ratio edging up to 46 percent.... Deposits contracted by 16 percent QoQ to 36 billion in Q1 implying a drop by 6.9 billion year to date

    7%