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  1. Industrial turnover and new orders indices post big drops for December

    EconomyMacroeconomy

    in new orders. The decline in the December Industrial Turnover mainly stems from a 12-percent decrease

    1%

  2. Cooperatives on Cyprus: Why they were treated differently to banks
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of Cyprus (where he was previously employed) mainly avoided the mistakes in purchasing Greek Government

    1%

  3. Greek trade deficit narrowed 11 pct in 2013 but exports marginally negative
    Photo by MacroPolis

    EconomyMacroeconomy

    surplus by mainly owed to the SMP income of 2.03 billion as well as higher general government net

    1%

  4. Greek credit contracts by 4 pct in Jan, NPLs rise to 31.2 pct in Sept

    EconomyMacroeconomy

    . January’s negative flow mainly reflects household and corporate lending net deductions of 306 and 268

    1%

  5. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led by output and new orders. As Markit points out

    1%

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

    EconomyMacroeconomy

    mainly stems from a decrease in ECB funding by 2.51 billion to 60.72 billion euros fully reversing

    1%

  7. Central government primary cash surplus at 1.7 bln to February
    Photo by MacroPolis

    EconomyMacroeconomy

    . The deviation is mainly related to higher expenditure reported in BoG numbers on a cash basis. Cash

    1%

  8. Greek deposits down 0.3 pct in Feb, credit contraction stable

    EconomyMacroeconomy

    576 million in January. This month’s negative flow mainly reflects corporate and household lending

    1%

  9. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    to 2007, mainly due to a slump in gross fixed capital formation by 64.4 percent and a 23.7 percent

    1%

  10. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    million will be given as a “social dividend.” The latter mainly involves one-off handouts to 1

    1%