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  1. PASOK elects new leader, hopes to stop slide and regroup

    PoliticsGreek Politics

    successor with more than 50 percent of the ballots cast (51.6 percent). An indication of how far PASOK’s popularity has plummeted is that less than 50,000 people voted for the three candidates on Sunday

    3%

  2. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    of primary surplus targets should be ensured via structural interventions rather than revenue... (35.6 percent). As expected, the NPE coverage ratio stands at lower than that of NPL at 44 percent

    3%

  3. Unemployment, cronyism and corruption fuel Greek brain drain
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    in ten earned more than that. As regards benefits, 66 percent said they had medical care, 54 percent... more than 2,000 euros a month.

    3%

  4. Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    million against the legacy tax debt in the 5-month period corresponding to more than half... remains better than target most likely due to the new settlement process. Nevertheless, the revenue

    3%

  5. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    . The respective drop in budget expenditure was less than half (-3.4 percent). Interest payments grew by 17.2 percent to 3.04 billion, 131 million higher than the respective budget figure of 2.91 billion

    3%

  6. Greek coalition braces for internal debate over agreement with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    at companies with large profits and individuals earning more than 30,000 euros a year. Tsipras... a more convincing commitment than his predecessor, Antonis Samaras, it could prove the missing piece

    3%

  7. Travel receipts rise by 16.3 pct in April on jump in arrivals

    EconomyMacroeconomy

    international tourist arrivals (up 39.1 percent) to 2.66 million more than offsetting a marked decrease... than the 17.5 percent recorded in the 4-month period of 2015. Excluding Athens, tourist arrivals

    3%

  8. Why doesn't Tsipras just cut defence spending?

    Agora

    the crisis began, more than 70 percent of the defence budget was used to pay staff but, according... been trimmed down, NATO spending requirements mean that it is required to invest more than 2

    3%

  9. Newsletter 32 - 26/06/2015

    Newsletters

    that the lenders would back down at the last minute, giving Tsipras a deal that would be better than... the institutions (led by the International Monetary Fund) rejected more than half of nearly 8 billion

    3%

  10. Greece’s price index falls to second lowest point in 12 years
    Photo by MacroPolis

    Society

    Communications are hugely more expensive while prices for transport services are considerably cheaper than the EU average, according to data on price levels on consumer goods and services released by Eurostat last week. Based on price surveys covering more than 2,400 consumer goods and services

    3%