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  1. CPI falls by another 2.2 pct in July as VAT rises yet to be recorded
    Photo by MacroPolis

    EconomyMacroeconomy

    The rate of drop in the Greek consumer price index (CPI) remained at 2.2 percent for the second straight month in July, according to the Hellenic Statistical Authority (ELSTAT). As a result, the CPI decrease was retained above the 2-percent mark for the eighth successive month. The harmonised index

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  2. Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline

    EconomyMacroeconomy

    Greece’s trade deficit fell for the second successive month in June, when it declined by 14.1 percent from 24.2 percent in May, according to the Hellenic Statistical Authority (ELSTAT). In absolute terms, trade deficit stood at 1.48 billion euros in June. The double-digit drop reflects a higher

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  3. Economic situation biggest worry for Greeks, latest Eurobarometer shows
    Photo by MacroPolis

    Society

    situation (51 percent) and its national debt (27 percent) were seen by Greeks as the country’s second

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  4. Industrial production down by 4.5 pct in June for third monthly drop this year

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) fell for the second straight month in June, when it was down by 4.5 percent from 4.3 percent in May, according to the Hellenic Statistical Authority (ELSTAT). The June headline figure is the third negative reading in the first half of the year

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  5. Capital controls take toll on car sales, which fell 23.9 pct in July for first time in two years
    Photo by MacroPolis

    EconomyMacroeconomy

    and the second reading below the 10,000 mark in the course of this year. The highest reading

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  6. Agreement on third bailout could trigger SYRIZA split and snap elections
    Photo by MacroPolis

    PoliticsGreek Politics

    (the second containing the prior actions Athens will have to pass) would clear the way for Prime Minister

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  7. ELA funding down by 1.48 bln in July for first monthly drop since May 2014
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    of June, still representing the second highest reading since December 2012. The historic high of 135.6

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  8. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    for 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform

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  9. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    delayed payments. Interest payments jumped above the 1-billion mark for the second time this year

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  10. Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote

    PoliticsGreek Politics

    abstentions in the second ballot. The vote is expected in the early hours of Friday morning after

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