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  1. With prior actions pending, PASOK showing signs of adjustment fatigue
    Photo by MacroPolis

    PoliticsGreek Politics

    licensing and spatial planning laws 3) update the list of nuisance charges 4) adoption of the code... of forestry law 3) adoption of administrative burden legislation 4) abolition of all charges

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  2. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    corporate lending rates contracted in May, they remain well above the euro area average rates, by 3... increased by 3 bps to 5.62 percent. As a result, the average spread on outstanding volumes saw

    12%
  3. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    sale is almost half compared to the 2.5 - 3 billion rumoured in the past few days, while the yield...” The MoF statement also notes that total offers reached 3 billion euros, materially lower than the 20

    12%
  4. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    to around 2 percent in 2014 (from -3 percent before), in line with official estimates, on the back... retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet

    12%
  5. Credit contracts by 3.5 pct in June, balances at 214.81 bln

    EconomyMacroeconomy

    & private non-profit institutions eased 3 percent in June, unchanged from May, with balances remaining... credit landed at 27.74 billion down 2.7 percent with marginal net deductions of just 3 million in June

    12%
  6. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    which was the most marked over the past 3 years, yet only modest overall. Although the rate of decline... rate. Buying levels were also down pointing to the first drop over the past 3 months. Stocks

    12%
  7. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    with that of March are the highest readings so far in 2014. In particular, housing loan balances fell 3 percent.... Balances amounted to 27.64 billion with net deductions increasing to 75 million from just 3

    12%
  8. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    ) and advertising and market research (down 8 percent). In contrast, 3 services posted a meaningful rise... evolution (QoQ) showed a different pattern with only 3 services falling QoQ. Office administrative

    12%
  9. DIMAR won't vote for coalition's presidential candidate, wants SYRIZA alliance
    Photo by MacroPolis

    PoliticsGreek Politics

    popularity above the 3 percent threshold that would secure DIMAR seats in Parliament whenever elections... to remain on hold because all the recent opinion polls have shown Democratic Left well below the 3 percent

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  10. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    than the 2.5 percent incorporated in the MTFS and slightly below the EAP target of 3 percent... plan neither an estimate of privatization proceeds. Bonds Following the issue of 3- and 5-year bonds

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