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  1. You've heard the Greek crisis myths, now here are some truths
    Photo by MacroPolis

    Agora

    that there is a magic way to close a primary deficit of 10 percent of GDP (25 billion euros) other than to slash... depleted by more than a quarter, it is ludicrous to suggest that there was something lacking

    3%

  2. Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln

    EconomyMacroeconomy

    Greece's current account (C/A) balance showed a deficit for the third successive month in December, when it reached 870 million euros, which was more than 3.5 times higher than last year’s figure, according to the Bank of Greece (BoG). This mainly reflects a widening of the current transfers

    3%

  3. Finance Ministry outlines plans for making savings, increasing revenues
    Photo by MacroPolis

    EconomyProgramme

    on local governments and hospitals. Mardas said that procurements of less than 60,000 euros amount... higher than the market wholesale prices. With the new electronic system that would be in place all

    3%

  4. Greece sets out broad reform plan for lenders' approval

    EconomyProgramme

    account for more than half (56 percent) of total expenditure. The non-wage benefits will be reviewed... Finance Ministry target to collect more than 3 billion euros from unpaid tax obligations

    3%

  5. Greek reform proposals set for broad approval but include some political obstacles
    Photo by MacroPolis

    PoliticsGreek Politics

    procurements. It is in the area of the media, however, where the coalition has plans to go much further than... rather than attempting to put it to a vote in Parliament. There is no doubt that if the SYRIZA-led

    3%

  6. Relief at Greek extension approval evident in Athens bourse, bond yields

    Economy

    maturities. The 3-year GGB yield fell by more than 4 percentage points (pp) to 12.6 percent from its... percent from 14.3 percent. In contrast, the 10-year GGB yield narrowed by less than 1 pp to 8.68 percent.

    3%

  7. Greek credit falls by 2.9 pct in Jan as lending balances reach 214 bln

    EconomyMacroeconomy

    Greek bank credit contracted by 2.9 percent year on year (YoY) in January, which is slightly slower than the 3.1 percent recorded in December, according to the Bank of Greece (BoG). The January rate... balances rose by more than 2 billion month on month (MoM) to 214.14 billion in January from 212.04 billion

    3%

  8. Greek retail trade turnover index declined by 3.7 pct in December
    Photo by MacroPolis

    EconomyMacroeconomy

    disposable income by more than 27 percent on heightened unemployment, reduced wages and pensions... months of 2015. In absolute terms, this corresponds to 4.4 billion, euros 1 billion less than

    3%

  9. Tsipras identifies first bills, domestic approval assured

    PoliticsGreek Politics

    after tax evaders rather than have to refer their findings to tax offices, where there is often... (as set by the tax office rather than the property market) of 300,000 euros. Tsipras did not give

    3%

  10. Greek digital economy lagging due to weak demand, lack of skills

    Society

    among Greeks is higher than overall in the EU.” On the other hand, trust the internet is also lacking... internet users that use online banking (21%) or shop online (40%) are much lower than the EU average (57

    3%