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  1. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    revenues of 2 billion. The levy substituted a tax imposed only on large properties with annual... house prices of 6.2 percent in 2014, slowing to -2 percent in 2015 and to zero in 2016. Fitch's

    6%

  2. Bookies see clear win for SYRIZA in EU elections but not in local vote

    PoliticsGreek Politics

    , the odds for a SYRIZA win with a 2 percentage point (pp) handicap stand at 1.40 (from 1.42) compared... round, the difference stood at 2 pp with Yiannis Moralis gaining 33.3 percent and Vassilis Michaloliakos

    6%

  3. NPLs: The Achilles heel of the Greek banking system

    Agora

    of that posted by the Bank of Greece, while the trend is also the opposite with EC showing a 2 pp... by the EC at 24 percent, 1 pp lower than that in 2012. The BoG figure stands 2 pp higher and indicates

    6%

  4. Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    the electricity bills) in autumn 2011, which raised revenues of 2 billion per annum. Effective from July..., incorporated in last Greek banks’ stress tests assumptions, foresee a 6.2 percent decline in 2014 and 2

    6%

  5. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    ’ on August 2 and of Fitch by one notch to ‘B’ on May 23. Moody’s rating stands two notches lower than... of 2 percent of GDP in the next three years, which is less than half the 4.5 percent target

    6%

  6. Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
    Photo by MacroPolis

    Economy

    execution in 2014. The 8-month budget primary surplus stood close to 2 billion euros, outperforming... with To Vima, Staikouras said that under current estimates 2014 primary surplus is estimated at 2

    6%

  7. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    and by a further 2 pp in 2015. The IMF expects the current account (C/A) balance to remain positive albeit... forecasts stand up to 2 pp lower than in April, at 152 percent in 2017 and 135.3 percent in 2019. On gg

    6%

  8. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . In contrast, the jobless rate in the 55-64 age group increased by more than 2 percentage points YoY to 17.2... percentage points (pp) in 2014 and by a further 2 pp in 2015. Note that the average jobless rate so

    6%

  9. Deflation rises again in Greece: CPI down by 0.8 pct in September

    EconomyMacroeconomy

    and services, only 2 posted an increase in prices, namely health (up 3.8 percent) and alcoholic beverages... (down 2.4 percent). A more moderate drop in prices was displayed in recreation and culture (-2

    6%

  10. Greece changes banks' DTA conversion law to secure ECB/EBA approval
    Photo by MacroPolis

    Economy

    (annual) profit loss. For example, if a bank has a capital of 10 billion, of which DTC is 2 billion (20... of DTA conversion to DTC (north of 2 billion euros for the four systemic Greek banks

    6%