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  1. Greek primary budget surplus eases to 1.95 bln on back of lower revenues in Aug
    Photo by MacroPolis

    Economy

    resumed again an upward trend in August showing a slight rise of 0.6 percent after a 3.2 percent drop

    6%
  2. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    20 percent lower than in 2007. The rating agency highlights that a drop in the unit labor cost

    6%
  3. Greek central government primary cash surplus to August at 2.3 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    a mid single-digit drop of 4.9 percent to 32.14 billion. This compares with the 8-month budget figure

    6%
  4. Seasonal jobs bring down Q2 unemployment to 26.6 pct but long-term jobless rising
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    EconomyMacroeconomy

    The non-seasonally-adjusted unemployment rate posted a drop both year on year (YoY) and quarter on quarter (QoQ) to 26.6 percent in Q2 2014 from 27.8 percent in the previous quarter and 27.3 percent in Q2 2013, according to the Hellenic Statistical Authority (ELSTAT). The Q2 unemployment rate

    6%
  5. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    to 10.49 million. In addition, the double-digit drop in travel spending per trip in July, led

    6%
  6. Greek wages index falls 1 pct in Q2, down 23.8 pct since 2010
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    EconomyMacroeconomy

    1.2 percent in Q2. This corresponds to the second highest drop among the EU-28 countries, following

    6%
  7. Troika review begins with fiscal targets and tax breaks in focus
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    EconomyMacroeconomy

    at 13 percent. Kathimerini also notes that tax interventions for 2016 include a further drop

    6%
  8. Wealth in Greece plunged by 170 bln since 2007, report finds
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    Society

    contraction of 22 percent over this period, while Spain’s GDP showed a cumulative drop of 6 percent

    6%
  9. SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008

    Economy

    , SME employment is expected to drop by another 106,000 to 1.65 million in 2015. Similarly, the number

    6%
  10. Greek exports down 5.9 pct in August, imports also fall 16.4 pct

    Economy

    to 12.41 billion euros, reflecting a drop in exports by 4 percent and a rise in imports by 2.2 percent.

    6%