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  1. Tormenting Greece with a distorted picture
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    choice but to acquiesce. Could this have been avoided if the review had been wrapped up earlier... indicated last summer, when the government concluded its first review that it would not drop its

    6%

  2. Eurosystem funding drops at sharper pace of 3.6 bln in Jan
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell at an accelerating pace of 3.61 billion euros in January after a drop of 1.87 billion in December, the Bank of Greece's (BoG) monthly financial statement showed... monthly decrease in ECB funding led to a change in the funding mix, with ELA funding making up almost 68

    6%

  3. Stable deposit rate in Jan, slight uptick in loan rate

    EconomyMacroeconomy

    soared 123 bps to 7.7 percent in January. This offset to a large extent the sharp drop of 149 bps... in the average loan rate led the average interest rate spread for Greek banks up for the second

    6%

  4. Car sales hit the accelerator in Feb, increasing by 43.1 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reflects a low base effect, since car sales recorded a sharp drop of 17 percent in February 2016... accelerating from the 24.7 percent rise recorded in the previous month. Passenger cars make up 80 percent

    6%

  5. Pause in review talks, leaving most difficult issues to be tackled
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    .” The statement also notes that follow up meetings are scheduled for next week, stressing that “the aim.... The institutions also favour a drop in the corporate rate tax and reduced upper tax rates for personal

    6%

  6. Greece remains in inflation for second straight month after CPI rises 1.3 pct in Feb
    Photo by Natasha Pantazopoulo/Fosphotos

    EconomyMacroeconomy

    . In contrast, transport prices edged up 1.3 percent, while all other main groups and services recorded..., at a slower pace compared to the drop of 1.7 percent in 2015. All latest estimates point to a return

    6%

  7. Building activity increases for second straight month after 11.1 pct rise in Jan
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    reasons. It is the lowest reading since January 2016. Moreover, the corresponding surface edged up...) of 2016 and by 2.2 percent in 2016. They have posted a cumulative drop of 41.7 percent from

    6%

  8. Budget primary surplus falls to 1.1 bln in Q1, slightly above target
    Photo by MacroPolis

    EconomyMacroeconomy

    revenues edged up 0.4 percent to 11.72 billion, outperforming the target by 678 million. The revenue... a significant drop from last year. Specifically, revenues plummeted 58.2 percent to 650 million

    6%

  9. Fiscal surplus back in focus ahead of IMF debt discussions
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to be offered a fiscal path that consists of 3.5 percent of GDP targets for 3-4 years before they drop... of the extra fiscal measures lined up for 2019 and 2020 (1 percent of GDP in pension cuts and 1

    6%

  10. Disposable income rises slightly in Q4 for first time since Q3 2014
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greek household disposable income edged up 0.1 percent in the fourth quarter (Q4) of 2016 after falling by 1.8 percent in the previous quarter, Hellenic Statistical Authority (ELSTAT) data showed... and reflects a slight drop in compensation of employees counterbalance by a decrease in taxes and social

    6%