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  1. Greece saw first annual deflation in almost half a century in 2013

    EconomyMacroeconomy

    devaluation retains its momentum as lower compensation and social benefits coupled with higher taxes continue

    4%

  2. Greece records primary cash deficit in 2013

    EconomyMacroeconomy

    . The full year cash position elements for 2013 highlight lower revenues from 48.31 billion in 2012 to 46.63

    4%

  3. SYRIZA gives up on "odious debt" write-off but not major debt relief
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    surplus target and to allow it to pay off its debt, despite lower servicing costs. This means that while

    4%

  4. Wage ruling gives gov't immediate fiscal headache, political one may come later

    PoliticsGreek Politics

    to their salaries. A lower court that deals with wage issues ruled in December that judges’ pay should

    4%

  5. Another dive for compensation in Q3 drags disposable income, consumption down
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    percent or 3.2 billion with property income decreasing by 2.1 billion or 46.1 percent. Lower disposal

    4%

  6. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    the continued erosion of Greek households’ disposable income on lower compensation of employees

    4%

  7. Greek Q4 GDP down 2.6 pct, shrinks 3.7 pct in 2013 - better than troika estimates

    EconomyMacroeconomy

    in exports. The release of the December figures will most likely result to a lower decline of trade

    4%

  8. Greek deflation slows to 1.5 pct in January

    EconomyMacroeconomy

    years. Internal devaluation persists as lower compensation and social benefits coupled with higher

    4%

  9. Should Greece really ask for a debt haircut?

    Agora

    that this will allow citizens to receive better services at a lower costs. It would be even more useful

    4%

  10. Where Greek banks stand ahead of capital needs disclosure
    Photo by Harry van Versendaal

    Economy

    at lower prices compared to those in the first recap process last June as well as to proceed to voluntary

    4%