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  1. Car sales grow by 7 pct in Dec and by 13.5 pct overall in 2015
    Photo by MacroPolis

    EconomyMacroeconomy

    (-13.8 percent) last year. The July drop was attributed to the imposition of capital controls and October... at 96,151 for the whole year making up almost 83 percent of road motor cars. The 13.5 percent

    6%
  2. Greek labour market recorded in 2015 second highest net hirings since 2001
    Photo by James Montgomerie via Flickr https://flic.kr/p/jY8Sn

    EconomyMacroeconomy

    hirings reached 99,700, marginally up by 0.6 percent over the 2014 figure of 99,122. The breakdown shows... percent drop in gross departures of 1.71 million. The latter reflects a rise in lay-offs by 14 percent

    6%
  3. Receipts from taxes and social contributions rise to 39 pct in 2014, near EU average

    Economy

    to 81.82 billion implying a double-digit drop by 15.3 percent until 2014. However, due to GDP... average of 32 and 34 percent respectively. In contrast, taxes on income and wealth make up 24.9

    6%
  4. S&P upgrades Greece’s rating by one notch, sees compromise on pension reform by March

    Economy

    having to clean up their balance sheets from the huge stock of non-performing loans estimated at 46... from further drop in oil prices, payment of general government arrears to the private sector

    6%
  5. EC sees resilience in Greek economy, urges additional measures in 2016 and 2017
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    to drop 0.7 percent from growth of 0.5 percent in 2015, while the decline in investments is seen... that the agreed fiscal policy measures are expected to deliver savings of up to 2 percent of GDP (3.5 billion

    6%
  6. Newsletter 61 - 05/02/2016

    Newsletters

    . The faster rate is due to a 7.9 percent drop in imports against a 2.6 percent fall in exports, which... capable of holding up to 300,000 displaced people. If Greece is converted into Europe’s gatekeeper

    6%
  7. Industrial production rises by 5.2 pct in Dec, its highest growth rate since 2007

    EconomyMacroeconomy

    , capital goods, recorded a drop by 5.5 percent. In contrast, production of consumer durables grew... 6.9 percent in 2015, yet it makes up just a fraction of the total index. The latest industry

    6%
  8. Greek pensions: The unsolvable equation
    Photo by Ivan T https://flic.kr/p/e6FhzZ

    Agora

    billion euros in 2009 but are estimated to drop below 16 billion this year. Social security contributions took a major hit not only as a result of people dropping out the labour force en masse but also due..., it is Tsipras’s fate to face up to the responsibility of delivering the savings that the creditors

    6%
  9. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
    Photo by MacroPolis

    EconomyBanking

    been cut by 769 to 16,319 employees mostly stemming from a drop in the international operations... loan (NPL) ratio edged up to 35.2 percent in Q4 from 35 percent in Q3 with the NPL formation

    6%
  10. Eurosystem funding slips by further 1.9 bln to 104.2 bln in Feb
    Photo by MacroPolis

    EconomyMacroeconomy

    , the Eurosystem funding mix was kept broadly stable with ELA funding making up 65 percent of total... a notable drop by 12.33 billion euros to 131.91 billion in February. The divergence

    6%