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  1. Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) showed an increase of 1.1 percent for the second straight month in January, following a 0.5 percent rise in December, according to the Hellenic Statistical Authority (ELSTAT). It is noted that the IPI had retr...

    8%
  2. Drop in Greek industry's turnover index slowed to 4.1 pct in Jan

    Economy

    The drop in Turnover Index in Industry decelerated to 4.1 percent in January from a double-digit decline in the preceding three months, according to the Hellenic Statistical Authority (ELSTAT). The headline figure continued heading south for the fifth s...

    8%
  3. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    Greece’s budget execution showed a primary surplus of 1.05 billion euros in the first four months of 2014 from a primary deficit of 306 million last year, according to the final figures released by the Ministry of Finance (MoF) on Friday. The state budg...

    8%
  4. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 50.66 billion at the end of May, which is ...

    8%
  5. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    The Greek general government (gg) primary cash surplus amounted to 1.22 billion euros in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF). Exc...

    8%
  6. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling by 11.3 billion in May, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure settled at 44.95 billion euros in June, the low...

    8%
  7. Leaders draw battle lines as Greece heads to snap polls on Jan 25
    Photo by MacroPolis

    PoliticsGreek Politics

    Greece is heading to snap elections on January 25 after Parliament failed to elect a president in the third and final vote on Monday. As expected, the coalition candidate Stavros Dimas failed to gather the 180 votes needed in the ballot. The only surpri...

    8%
  8. Growth in new car registrations slows to 12.8 pct in Jan

    EconomyMacroeconomy

    After reaching a historic high of 69.3 percent in December, the growth rate in the number of road motor vehicles (going into circulation for the first time) slowed to 12.8 percent in January, according to the Hellenic Statistical Authority (ELSTAT). Not...

    8%
  9. Greek primary budget surplus halved in Jan as revenues miss target

    Economy

    Greece’s budget execution showed the primary surplus halving to 443 million euros in January from 835 million last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Thursday. This was the first bulletin released by t...

    8%
  10. Greek CPI falls 2.8 pct in Jan for second largest drop since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The drop in Greek consumer price index (CPI) accelerated for the second straight month to 2.8 percent in January from 2.6 percent in December, according to the Hellenic Statistical Authority (ELSTAT). This is the second highest negative reading since 20...

    8%