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  1. Greece goes deeper into deflation territory

    EconomyMacroeconomy

    understanding is that prices will continue to fall mainly due to a nosedive in consumption as a result

    1%

  2. Cash deficit to October widens to 9.1 billion euros

    EconomyMacroeconomy

    bottom-line stands circa 700 million better than MoF figures, mainly reflecting higher cash revenues.

    1%

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

    EconomyMacroeconomy

    , mainly owed to a decline in the non-eurozone countries by 15.3 percent, while turnover

    1%

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

    Economy

    drop is mainly attributed to higher interbank lending, lower funding needs on continued deleveraging

    1%

  5. With troika OK pending, 2014 budget sees primary surplus at 1.6 pct of GDP
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    expected to be collected by March 2014. These revenues mainly relate to Bank of Greece estimated dividend

    1%

  6. Greek deposits slip in October as credit also contracts by 3.9 pct

    EconomyMacroeconomy

    since the end of December and 65 billion since its peak in June 2012. The ongoing sharp drop mainly

    1%

  7. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    in interest payments by 48.1 percent compared to last year (mainly owed to last year’s PSI), resulted

    1%

  8. Banks' reliance on Eurosystem funding eases for seventh straight month in Nov

    EconomyMacroeconomy

    (or 65.51 billion) since its peak in June 2012. The ongoing sharp drop is mainly attributed to higher

    1%

  9. Cash deficit to November rises to 9.9 bln as Greece pays off arrears

    EconomyMacroeconomy

    balance appears to be around 400 million better than MoF figures, mainly reflecting higher cash

    1%

  10. Q3 unemployment in Greece still at 27 pct despite strong tourism season
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    , mainly for the following reasons: a) the working hours were not convenient (28 percent); b) the location

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