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  1. General government primary cash surplus narrows to 2.48 bln, arrears almost stable in Sept

    EconomyMacroeconomy

    to a strong rebound in revenues of 13.6 percent in September with the cumulative drop rate slowing...) and year to date (+929 million) with their arrears amounting to 2.7 billion making up more than 45... the beginning of the year to 1.21 billion in September corresponding to more than 20 percent of total

    4%

  2. Travel receipts fall by 5.4 pct in Sept for first drop in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    of international tourist arrivals (+8.6 percent) to 20.62 million euros more than offsetting a decline... a broadly similar pattern with receipts from the US and the UK recording strong double digit growth... significantly slowed to 5.4 percent from more than 20 in the preceding nine months, while double

    4%

  3. Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    the number of unemployed has contracted by 123,200 mainly on the back of a strong tourism season... rates of more than 27 percent, while the unemployment rate in the Aegean remains by far the lowest... as the economy is expected to enter into a deeper recession than in 2015. However, the Finance Ministry

    4%

  4. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    percent in 2015 and 1.3 percent in 2016. The EC noted that the recession in 2015 was less severe than initially expected, mainly on the back of stronger-than-expected private consumption and faster decline... compliance with the programme conditionality. Greece is anticipated to post strong GDP growth of 2.7

    4%

  5. S&P highlights risks for Greek banking sector

    Economy

    Greek banks still face higher economic risks than most banking sectors globally, while the country... 2017. The rating agency reiterates its estimate for zero GDP growth in 2016 and strong rebound of 3... than last year since the government is broadly complying with the third bailout programme

    4%

  6. Locating Europe's pulse in the refugee crisis

    Agora

    . Says: “They demonstrated that civil society [in Europe] is strong. It is the people that have... society to be much more flexible and responsive than central governments, which face bureaucratic hurdles... Auschwitz. Rather than helping refugees build a new life, Klinowski now finds himself being

    4%

  7. SYRIZA to suggest switch to proportional representation, schedules congress for Oct
    Photo by MacroPolis

    PoliticsGreek Politics

    congress in mid-October, substantially later than initially scheduled. Originally, the gathering... of proportional representation, there was also strong backing for the government’s idea for the president of the republic to be elected by the people rather than Parliament. The Public Issue poll found

    4%

  8. Greece treads carefully, hoping to avoid blowback from failed coup in Turkey
    Photo by Ardac via Flickr https://flic.kr/p/oY8HxB

    PoliticsForeign Policy

    and concern, although Athens has more reason than most to be wary of what ramifications the botched... tone with respect to Greece than Foreign Minister Mevlut Cavusoglu had done in the wake of the news... the constitutional order and the military coup attempt in Turkey · Athens should express its strong

    4%

  9. The cat is out of the bag: Europe's politics is a mess

    Agora

    be overturned? An appeal to your successor to tread carefully and look further ahead than you did? No, you... by strong words and weak actions. Renzi now faces the possibility that his country’s banks... that pursuing a different economic policy is easier said than done. This week, the European Commission

    4%

  10. Rebound of 0.3 pct in Greek GDP puts annual estimate of mild recession in sight
    Photo by MacroPolis

    EconomyMacroeconomy

    GDP had contracted 0.5 percent QoQ. The headline figure is slightly better than Reuters poll... Following a softer than initially expected GDP contraction of 0.3 percent last year, Greece remained... of 0.3 percent this year. A strong rebound of 2.7 percent is anticipated for 2017. Based on H1

    4%