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  1. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    , is much lower than the target he initially announced. The agreement with the troika was confirmed... the point at which Greece exited the crisis. Another crucial date, now of lower importance following

    3%

  2. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    , the primary balance in March turned negative showing a deficit of 497 million. This is mostly due to lower... by 0.4 percent to 10.69 billion, falling short of the target by 720 million. This also reflects lower

    3%

  3. Four months of decline in industry turnover almost comes to stop in February

    Economy

    with lower stocks and employment amid cash flow issue. “It was somewhat disappointing to see the headline... remained in growth territory – albeit they were lower than February’s peaks – suggesting

    3%

  4. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    to shrinking transactions and lower prices. Appraisals are closely related to building activity, which... in August 2010. Heightened unemployment and lower disposable income is also leading to a continued increase

    3%

  5. Greece's C/A deficit for March drops sharply to 44.4 mln

    EconomyMacroeconomy

    that the lower trade deficit is attributed to a decline in the net oil import bill and an improvement.... The latter arises from higher net payments for purchases of ships offsetting lower net oil import bill

    3%

  6. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    . Moody’s rating stands 3 notches lower than that of S&P and 4 notches below Fitch. Fitch notes... in 2015, which is slightly lower than the official sector forecasts of 0.6 and 2.9 percent respectively

    3%

  7. PASOK's future hangs in balance as Greece prepares for EU vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    is at the lower end of this spectrum on Sunday then PASOK’s future will certainly be put in doubt... and that SYRIZA only has candidates in the second round for four of the 13 regions. Lower support

    3%

  8. Greek deposits edge up for second month in April, reach 161.3 bln

    EconomyMacroeconomy

    far in 2014 stems from savings (1.63 billion) mainly reflecting lower household disposable income... in May. Lower funding from the ECB is attributed to higher interbank lending and continued

    3%

  9. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    ) relative to those presented in the previous reviews include: lower output path and additional arrears... percentage point (pp) each. In addition, lower privatisation has increased the projected debt ratio by 0.4

    3%

  10. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    , marginally lower than the official troika projection of 0.6 percent. The encouraging signals... positive in 2014 at 1 percent of GDP lower than its previous estimate of 2 percent. The key contributor

    3%