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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

    2%
  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

    2%
  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

    2%
  4. Greece sees travel receipts rise again in July to reach 2.74 bln
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    EconomyMacroeconomy

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

    2%
  5. 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

    2%
  6. 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

    2%
  7. 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

    2%
  8. 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

    2%
  9. 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.

    2%
  10. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    a deeper drop in consumer prices this year, the IMF expects deflation at 0.8 percent in 2014 from 0.4

    2%