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S&P upgrades Greece one notch to B, sees growth in 2015
Economy20 percent lower than in 2007. The rating agency highlights that a drop in the unit labor cost... is seen picking up slowly. The return of growth is expected to help Greece achieve a primary surplus... to be raised in domestic local-law markets, 12 billion from the troika institutions and up to 5 billion from
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Crisis weakens confidence in Greek representative institutions
Societyin the police shot up 17 points on last year’s figures – the biggest hike for any institution – putting... in the office of state president is now at 51 percent, a significant drop from the 88 percent... of the people/citizens has grown from 56 to 67 percent in four years. while trust in social movements is up
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Level of corruption in Greek public sector seen falling slightly in 2014
Societythat have been started in Greece, for example, suggest an explanation as to why it has moved up the rankings by three points (and up seven points in the last two years to a score of 43 today),” Transparency...), Turkey (45) and Angola (19) were among the biggest fallers with a drop of 4 or 5 points, despite average
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Greek travel receipts continued upward course in October, rising by 4.6 pct
EconomyMacroeconomyto soaring international tourist arrivals, up by 18.9 percent to 1.84 million mitigated however.... In contrast, the drop in arrivals from Russia accelerated to -45.6 percent in October from -17.2 percent... international tourist arrivals at the main Greek airports soared 24.9 percent. They were up 15.1 percent
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Newsletter 10 - 09/01/2015
figure is the lowest reading since August 2012. The drop is mainly attributed to a 1.1 percent month... added to the electoral register. As the electoral campaign has started to heat up in Greece over... household bills, which make up the majority of arrears. The corporate consumers and the broader state
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Greek deposits fell by 7.7 bln in Feb and total of 24.6 bln since Dec
EconomyMacroeconomyto a drop of 15 percent on the end-November figure of 164.3 billion on the back of political... and are made up by central government at 6.6 billion, local government at 2.2 billion and social security... broadly stalled after the February 20 Eurogroup, yet they peaked up again the previous week.
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New unpaid taxes rising steadily, reach 3.5 bln in Q1
EconomyMacroeconomyto 72.98 billion euros in March from 73.25 billion in February. The year to date drop by 809 million... and legacy debt amounted to 76.45 billion euros at the end of March, up by 2.66 billion year to date... a new law on the settlement of tax arrears in up to 100 instalments. The initial fast-track process
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economya drop of 1.7 percent in April and 1.8 percent in the 4-month period. Proceeds from the bank... collected from the settlement of tax arrears in up to 100 instalments. Alternate Finance Minister... below target. In particular, VAT revenues were up 0.3 percent in April and down 2.4 percent
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomy) and edging up to 4 percent in 2016. Overall, net exports are expected to ease 0.5 percent in 2015... falling by 1.4 percent, similar to the drop posted in 2014. Marginal inflation of 0.3 percent is anticipated for 2016. On the fiscal front, the OECD notes that fiscal consolidation will ease up, also
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Lenders dismiss Greek proposals but SYRIZA also ups pressure on Tsipras
PoliticsGreek Politicsthe minimum wage. The offer from the institutions is for them to drop demands for further labour... a deal back. There is a real fear that he will lose the contest if he asks them to put up or shut up
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