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  1. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    shows that total expenditure dropped 8.4 percent to 15.88 billion, 977 million better than the target... largely reflects the exceptionally strong PIB revenues of 1.56 billion posted in February.

    4%

  2. European Commission paper highlights challenges for Greek exports

    Economy

    the EU and OECD average by a wide margin for more than a decade. In addition, Greece’s lack... economic crisis in 2008-09. In addition, while other program countries posted strong export growth

    4%

  3. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    . The strong improvement in travel receipts mainly reflects an increase in international tourist.... However, the 4-month figure is higher than the 3.7 percent recorded for the whole year in 2013

    4%

  4. Car registrations surge by 46.3 pct in June thanks to tourism, consumer confidence

    EconomyMacroeconomy

    The number of road motor vehicles (going into circulation for the first time) continued showing strong growth of 46.3 percent in June, after increasing by 48.7 percent in May, according... and a material acceleration in the second half of that period. The bulk of new licences (making up more than

    4%

  5. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    lower levels (less than 600 million for each item) indicating a strong fiscal performance in June

    4%

  6. Car sales continue to rise in July but at slower pace of 25.9 pct

    EconomyMacroeconomy

    since January 2012. Following the strong performance in July, the 7-month figure surged 28.1 percent... readings in the second half of 2013. Passenger cars, which make up the bulk (more than 80 percent

    4%

  7. Moody's upgrades Greek rating by two notches to Caa1 - here's why

    Economy

    to Moody’s, the three key factors that triggered the rating upgrade were the strong improvement... notes that the fiscal outlook is more resilient than in the past mainly due to the improvement

    4%

  8. The IMF crisis and how to solve it
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Agora

    experiment is revealing. None of the statements written by any European Director (other than Cyprus’s... set up when monetary policy credibility was at a low ebb; a strong analogy with the Fund. Now

    4%

  9. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    in travel receipts fully reflects a strong rise in international tourist arrivals by 29.4 percent... points higher than the rate of arrivals. A broadly similar pattern was also evident in revenues from

    4%

  10. August sees third Greek C/A surplus in a row, reaching 1.82 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    imports rose by 4.8 percent. Following September’s strong performance, the 8-month C/A surplus further... deficit (by 551 million) more than offsetting a decline in the current transfers’ surplus (by 981

    4%