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  1. 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%
  2. 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%
  3. 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%
  4. 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%
  5. 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%
  6. 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

    12%
  7. 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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  8. What would a clean bailout exit for Greece mean in numbers?

    Agora

    that it would have to roll over. 2017 and 2019 reflect the 3 and 5 year issues earlier in the year... 2022 and 2042. Up to 2015 the servicing of that debt has a 2 percent interest, increasing to 3 percent

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  9. Greece continues to edge up in "ease of doing business" rankings despite persistent problems

    Economy

    that Greece reformed in 3 areas of business regulation: a) Registering property, where transferring property was made easier by reducing the property transfer rate (to 3 percent of the property value

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  10. European Commission says 2014 is a turning point for Greece as growth resumes

    Economy

    ) in 2015. For 2016, unemployment is seen further easing by 3 percentage points (pp) to 22 percent... projections assume Greece will meet its primary surplus targets of 3 and 4.5 percent of GDP in 2015

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