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  1. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    65,474 in 2008. That is more than three times the GDP contraction over this 6-year period. Unlike... are also indirectly linked to building activity, have contracted by more than 14 percent over

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  2. Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    by 26 percent. The government expects the economy to grow this year by more than the 0.8 percent recorded last year and possibly by as much as 1.5 percent. This is lower than the 2.9 percent initially

    1%

  3. Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln

    EconomyMacroeconomy

    that Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion.... The sharp increase ELA funding, from zero until December 2014 to more than 76 billion currently

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  4. Primary cash surplus reaches 1.05 bln at end of April

    EconomyMacroeconomy

    period is higher by 1.06 billion than the BoG primary cash surplus of 1.05 billion. This largely reflects... million higher than the budget figure of 2.67 billion. On the flipside, the Public Investment Budget

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  5. SYRIZA caught in push and pull between voters and members over deal
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    . In order to keep the budget on track, the government has had to spend much less than planned. Budget data showed this week that the coalition had spent about 1.5 billion euros less than had been planned

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  6. How Greek banks can balance on the collateral tightrope
    Photo by MacroPolis

    Agora

    (less than 60 days past due) and GGBs. These haircuts are not publicly disclosed. The breakdown of ELA... the system at a higher pace, than the government would be left with hardly any time to conclude

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  7. Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds

    Economy

    . The total debt stock has a weighted average residual maturity of 15.67 years, slightly lower than... of outstanding debt has a residual maturity of more than 5 years, fully attributed to FSN loans, while 13

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  8. Smaller rise of 737 mln for unpaid taxes in April

    EconomyMacroeconomy

    million euros against the legacy tax arrears in the 4-month period corresponds to more than 42 percent... better than target and is most likely attributed to the outcome of the new settlement process. However

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  9. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to soaring international tourist arrivals (up 45.6 percent) to 1.73 million, which more than offset... bringing the 4-month rate at 17.5 percent, significantly lower than the 28.8 percent posted

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  10. Reopening public broadcaster poses multiple challenges for Tsipras

    PoliticsGreek Politics

    of her role - which is to all intents and purposes an institutional rather than political position... Monday’s hearing, Pappas said that fewer permits than is currently the case would be issued when

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