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OECD sees more growth, falling unemployment in Greece
EconomyMacroeconomy(from 26.7 percent) in 2015. An additional drop of 1 pp to 24.1 percent is projected for 2016... projections (as a percentage of GDP) by up to 3pp, they remain above the 170-percent mark for the projected
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ILO highlights social impact of Greek crisis, proposes change in policy
Society. The coverage ratio is particularly low among the long-term unemployed. The sharp drop in disposable... exclusion for the employed slightly increased after 2011 but for the unemployed has shot up by 10
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Greek current account balance turns negative in October after four month of surpluses
EconomyMacroeconomyof ships showed a considerable drop. Despite the negative result in October, the 10-month C... by higher trade deficit (up by 908 million) and lower current transfers’ surplus (by 726 million
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Sharp monthly rise in unpaid taxes to 1.59 bln for November
EconomyMacroeconomyin a cumulative outstanding tax debt of 72.78 billion, up by 1.52 billion on the end-October figure of 71.26... drop in November, yet the 11-month figure stands at 25.2 percent compared to an annual target of 50
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What is in SYRIZA's 3-pillar programme to overcome the crisis?
Economyearning up to 700 euros gross per month (543.1 million). 3) Free access to the public health care... with the sharp drop in oil prices have resulted in the price of heating oil dropping to 0.90 euros
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SYRIZA's poll lead consistent but parliamentary majority elusive
PoliticsGreek Politicsor her mind up. These undecided voters could be crucial in deciding whether parties such as Independent... a little short of entering the House, say a combined 5 percent, the election winner’s threshold would drop
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Central gov't cash surplus reaches 1.42 bln in 2014 after 1.19 bln deficit in Dec
EconomyMacroeconomyrevenues grew by 1 percent to 47.1 billion euros, with December revenues up 5.1 percent. MoF data... in the second quarter of the year. Excluding this one-off item, the underlying BoG figure indicates a drop
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Top SYRIZA officials hint at path to compromise with eurozone
PoliticsGreek Politicsservicing costs, rather than a reduction in the principal. Giorgos Stathakis, who is likely to take up... that would allow Greek interest payments to drop from 4.3 percent at the moment to between 2 and 2.5
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Greek market jitters evident as investors dump shares and bonds
EconomyThe Greek stock market remained deep in the red for the third straight session on Wednesday, tumbling by 9.24 percent. Wednesday’s performance follows a sharp drop of more than 3 percent in each.... This means it has racked up cumulative losses of almost 44 percent this week. Investors are particularly
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Greek deposits down 4.2 bln in Dec for highest outflows since June 2012
EconomyMacroeconomyof Greece (BoG). The MoM drop is the highest since June 2012 and reflects extended outflows of 4.2... the gradual lack of renewal of interbank repos up to 9 billion euros.
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