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  1. Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August

    Economy

    expenditure was marginally up (0.7 percent) in August, with salaries and pensions slipping 6.6... percent yoy to 28.45 billion euros. Furthermore, the sharp drop of interest payments by 51.6 percent

    6%

  2. Government tries to purge police of Golden Dawn influence as poll shows support

    PoliticsGreek Politics

    are often moved or replaced at annual reviews, it is almost unprecedented for such a shake-up to occur... SYRIZA, which saw its backing drop from 23.8 percent to 22.7.

    6%

  3. Golden Dawn draws support from surprising sources to retain popularity
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    into Golden Dawn’s activities, this level of support could drop in the weeks to come. However..., the jobless make up just 17 percent of followers. In contrast, salaried private sector employees

    6%

  4. Greek consumers take effort to lower prices into their own hands

    Society

    farmers when supermarkets were charging up to a euro or more for the same produce. Having seen... but fell to 117.4 billion in 2012, a drop of 22.5 percent, as disposable income also shrank

    6%

  5. Primary budget surplus in Nov at 1.2bln euros, 2013 target in reach

    Economy

    in November with the 11 months figure down 7.3 percent to 39.27 billion. Furthermore, the marked drop... for all homes with an objective value of up to 300,000 euros, which expires at the end of the year

    6%

  6. December fails to boost Greek retail sector: Sales fell by 6.7 pct
    Photo by MacroPolis

    Economy

    another challenging year in 2014 as consumption is not expected to pick up before 2015. Despite... consumption further declining by 1.6 percent, albeit decelerating from the 6.7 percent drop in 2013

    6%

  7. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    The Bank of Greece (BoG) released on Thursday the much anticipated report on Greek banks’ capital needs resulting from a follow-up stress test including the outcome of the new Blackrock loan... in 2015 and 3.7 percent in 2016 Drop in real disposable income by 0.7 percent in 2014 turning

    6%

  8. Greek industrial production falls in March after three months of rises

    EconomyMacroeconomy

    in the preceding three months. Following revisions and the March performance, the 4-month index is marginally up... in the preceding two years. All major industrial sectors retreated in March with the highest drop recorded

    6%

  9. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    funding shows a year to date decline of 11.05 billion, while the respective drop stands at 59.24 billion... late 2008. The initial amount of state guarantees was set up to 23 billion and that threshold was later

    6%

  10. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    percent drop. The respective 4-month budget item stood at 13.84 billion, corresponding to a deviation... of 898 million, up 1.6 percent, also in line with the 4-month budget item. Reconciling the BoG figures

    6%