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  1. As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis

    EconomyMacroeconomy

    demand and supply. The first finding comes from the value of banknotes in circulation, which more than..., compared to less than 10 percent for the eurozone average. The 27.7 billion euros of withdrawals from

    3%

  2. Greek Q1 unemployment remains at record quarterly high of 27.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    improvement by 0.4 pps YoY. On the flipside, the ‘long-term’ (more than 1 year) unemployment soared... a 0.6 pps drop YoY. More than half of the employed are concentrated in five economic activities

    3%

  3. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    building activity accounts for 22 percent of total, the decrease was slightly smoother than... times higher than the GDP contraction over the same period. The stock of housing loans, which show

    3%

  4. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    in the trade and current transfers’ deficits by 184 and 33 million respectively more than offsetting... is excluded, the trade balance showed an improvement since the drop in imports was higher than

    3%

  5. With prior actions pending, PASOK showing signs of adjustment fatigue
    Photo by MacroPolis

    PoliticsGreek Politics

    will be dismissed. The difference between the two ministers is less than 400 employees. Loverdos, backed... employees placed in the mobility scheme last year but Mitsotakis insists that no more than 500 should

    3%

  6. Ιnterest in exercising Alpha's warrants remains rather limited
    Photo by MacroPolis

    EconomyBanking

    than double compared to the previous period number, the total number of exercised warrants so far (90 million) is just a fraction (less than 8 percent) of the outstanding number of 1.14 billion

    3%

  7. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    . Rather than scrapping the tax hike, he advocated broadening a heating oil subsidy. However, the briefings... on the respective VAT revenues, which more than offset the increase posted in the excise tax revenues

    3%

  8. Greek union data suggest workers get paid late or in kind

    Society

    Many Greek workers are not receiving their salaries on time or are being paid in kind rather than money, according to data gathered by the Labour Institute (INE) of the General Confederation of Greek..., which is lower than the minimum hourly salary of 2.85 euros. The Labour Ministry data on around

    3%

  9. Eurostat 2012 figures raise questions about Greece's tax policy

    Economy

    than a rise in the tax revenues. The breakdown shows that 41.9 percent of 2012 Greek tax revenues... lower than that of the euroarea. Comparing the whole set of figures (tax revenue as a percentage

    3%

  10. Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
    Photo by MacroPolis

    Economy

    of unpaid pensions and lump sums to more than 380,000 new pensioners (3.1 billion). The largest part (808... that the contribution collection is now growing faster than wages, reversing the trend of previous

    3%