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  1. Eurogroup agrees two-month extension for Greek bailout but political developments to dominate

    EconomyProgramme

    The Eurogroup decided on Monday that it would be "favourably disposed" to a request by Greece for a technical extension of 2 months to the current bailout programme. Earlier press reports indicated that Germany and the IMF would press for a 6-month extension, while Greece would favor a technical

    8%

  2. Greek deflation eases slightly to 1.2 pct in November
    Photo by MacroPolis

    EconomyMacroeconomy

    rate of 2.9 and 2 percent respectively. The harmonised CPI displayed a similar trend in November

    8%

  3. Greek budget primary surplus up to 3.53 bln at end of November despite revenue shortfall

    EconomyMacroeconomy

    the full-year target of 52.8 billion. Although December revenues are seasonally high (2 billion

    8%

  4. Rare rise of 2.1 pct in Q3 for Greek wages index

    EconomyMacroeconomy

    positive reading was recorded in Q1 2014, when the index rose by 2 percent. However, that number

    8%

  5. Conditions for Greek ECCL reportedly outlined in German document
    Photo by MacroPolis

    EconomyProgramme

    threat related to the financial stability in the eurozone. 2) A debt sustainability analysis

    8%

  6. Q3 unemployment falls to 25.5 pct, lowest since 2012, but long-term jobless reach new high
    Photo by MacroPolis

    EconomyMacroeconomy

    is the highest since Q4 2012. Unemployment among women dropped by almost 2 pp YoY to 29.2 percent

    8%

  7. PM and SYRIZA deaf to calls for compromise over president so far
    Photo by MacroPolis

    PoliticsGreek Politics

    that SYRIZA wants to reduce Greek debt servicing costs to 2 billion euros per year. The SYRIZA leader

    8%

  8. Sharp monthly rise in unpaid taxes to 1.59 bln for November
    Photo by MacroPolis

    EconomyMacroeconomy

    in the first half of 2014 and 2 billion for the whole year. Although the first target was actually

    8%

  9. Greek budget primary surplus at 3.57 bln by end of November, beating target by 691 mln

    EconomyMacroeconomy

    of 52.81 billion. Although December revenues are seasonally high (2 billion higher than November’s

    8%

  10. Greek trade deficit shrinks by 4.4 pct in October on back of strong exports

    EconomyMacroeconomy

    in September. October’s movement stems from a rise in both exports and imports by 7.1 and 2 percent

    8%