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  1. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    The drop in Greece’s Consumer Price Index (CPI) decelerated to 1.7 percent in December after peaking with a 2.9 percent decline in November, according to the Hellenic Statistical Authority (ELSTAT). On a monthly basis, the CPI rose 0.9 percent for the first time since September. The average rate

    4%

  2. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    in August 2010. The rate of contraction in housing loans has been hovering at 3.1 - 3.7 percent

    4%

  3. Indices for turnover, new orders in industry post big falls in November

    Economy

    showed a negative growth rate, with energy and consumer durables at the high-end (down 18.3 and 12.6

    4%

  4. Greek banks' reliance on Eurosystem funding rose in December for first time since April

    EconomyMacroeconomy

    . Furthermore, the recent ECB rate cut by 0.25 percentage points is expected to lead to a reduction

    4%

  5. Another dive for compensation in Q3 drags disposable income, consumption down
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . The savings rate of households, defined as gross savings divided by gross disposable income

    4%

  6. Budget execution shows surplus of 811 mln at start of 2014

    EconomyMacroeconomy

    ) methodology, which excludes SMP and ANFA income of 2.7 billion and a retroactive rate reduction worth 0.3

    4%

  7. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    percent since its peak in August 2010. The rate of contraction in housing loans has been hovering

    4%

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

    EconomyMacroeconomy

    -eurozone countries (down 23.4 percent). Most industrial sectors showed a negative growth rate

    4%

  9. Should Greece really ask for a debt haircut?

    Agora

    (and how could we forget?) that the unemployment rate in Greece reached 28 percent in November last year

    4%

  10. What lies at the heart of differences over Greek banks' capital needs?
    Photo by MacroPolis

    Economy

    optimistic, especially due to the rapidly increasing rate of non-performing loans. Moreover, the IMF’s

    4%