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  1. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    a slight increase by 0.8 percent. The number of building permits resumed above the 1,000-mark, yet the Q1

    2%
  2. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    exercise date of warrants. Although official results have not been announced yet, local media indicate

    2%
  3. European Commission paper highlights challenges for Greek exports

    Economy

    The European Commission (EC) published an economic paper titled “The puzzle of the missing Greek exports” showing that Greece’s export performance is dramatically lagging behind, yet its export potential could be enormous. Greece has a track record of protracted trade deficits and low openness

    2%
  4. Wages index edges up YoY in Q1 after sinking by 24.8 pct since 2010

    EconomyMacroeconomy

    readings yet at much modest rates (up to -1.3 percent)

    2%
  5. Greek PMI falls to 49.4 in June, lowest since November 2013

    EconomyMacroeconomy

    . Nevertheless, new export orders rose modestly, yet at the fastest pace since August 2011. Although

    2%
  6. Young Greeks more likely to swap items and buy second hand
    Photo by MacroPolis

    Society

    , electrical goods and furniture has yet to take off. Just 14 percent of respondents said they had “probably

    2%
  7. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    above the 30-percent mark for the second year in a row, yet it eased to 30.7 percent in April from

    2%
  8. Greek primary budget surplus reaches 712 mln in first half of 2014

    Economy

    on month for the second consecutive month, yet the 6-month figure dropped 10.1 percent to 3.13

    2%
  9. Recovery of farming subsidies threatens to widen Greek fiscal gap

    Economy

    that were paid out to olive oil farmers and others since 2003. It is not yet clear whether recovering

    2%
  10. Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed

    EconomyMacroeconomy

    at the end of 2013, yet it was reduced by 1.53 billion in the year to date. This reflects payments

    2%