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  1. Eurosystem funding for Greek banks eases by 2.18 bln in January

    EconomyMacroeconomy

    . The troika’s latest guidelines call for a reduction of Greek banks’ Eurosystem funding to total

    14%
  2. Unemployment closes 2013 with new high of 27.5 pct in last quarter

    EconomyMacroeconomy

    percent of total employed. 65 percent of those working part time are forced to do so because

    14%
  3. Greek deposits down 0.3 pct in Feb, credit contraction stable

    EconomyMacroeconomy

    for the second consecutive month. Total deposits – including euro and non-euro area residents – dropped by 664

    14%
  4. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    in total final consumption expenditure. There was a significant slowing in the drop in private

    14%
  5. A return to capital markets for Greek banks but no return to domestic lending
    Photo by Can Esenbel [www.mundanepleasures.com]

    Agora

    of the total loan portfolio now surpasses 38 percent. This requires an ever increasing level of loan impairment

    14%
  6. Omnibus bill passes but leaves marks on coalition and SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    Greece’s coalition succeeded in passing on Sunday an omnibus bill of reforms demanded by the troika so Athens could receive further bailout funding but the process may have inflicted lasting damage on the government and the main opposition. In the end 152 MPs of 300 in total voted for the first

    14%
  7. No victory, just plenty of misery

    Agora

    of 24 billion and a total deficit of more than 36 billion. On top of this derailment of public

    14%
  8. Cost of petty corruption in Greece has halved during crisis
    Photo by Harry van Versendaal

    Society

    the list in terms of cases reported. At the start of the crisis in 2009, total annual petty

    14%
  9. IMF recognises Greek 2013 surplus, sees less burdensome financing needs
    Photo by MacroPolis

    Economy

    . Surprisingly, the IMF’s estimates for Greece’s total financing needs are materially lower than

    14%
  10. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . Attica’s building activity accounts for 22 percent of the total. The nosedive in the building

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