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  1. CPI grows by 0.7 pct in October, positive for 10 successive months
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    the 1 percent rise of September, Hellenic Statistical Authority (ELSTAT) data showed on Thursday... index of consumer prices (HICP) eased to a rise of 0.5 percent in October compared to a 1 percent rise... rose by 0.1 percent in October, driven mostly by rises in the price of clothing and footwear (+1

    8%
  2. Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    . Despite coming to a deficit, the balance beat its target by just over 1 billion euros. On a monthly..., above target by 188 million euros. Tax refunds rose by just under 1 percent to 2.33 billion, below..., while VAT revenues also rose by 1 percent to 9.12 billion. On a monthly basis, indirect taxes rose

    8%
  3. BoG provides insight into Greece’s housing affordability problem
    Image: MacroPolis

    EconomyFeatures

    % of disposable income dedicated to loan payments. An index value of 1 or higher indicates affordability, while a value below 1 suggests the market is unaffordable for the median household... neighbourhoods of the wider Municipality of Athens (2nd–7th districts), the index is above 1, suggesting

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  4. Greece's 2014 fiscal gap suddenly appears bigger, much bigger

    Economy

    fiscal consolidation effort worth over 4 billion euros, or 2 percent of GDP. Following Asmussen’s comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3... promising there would be no new austerity measures in 2014, to find another 2 to 3 billion euros of savings

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  5. Ladies and gentlemen, please fasten your seat belts
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    it grounded. Last week’s suggestion that Athens would have to find about 2 billion euros more... about 4 billion euros, or 2 percent of GDP, of measures and Samaras knows that convincing Greeks more... spending has been reduced to a drip feed. While there is still waste that can be addressed, finding 2

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  6. How big is Greek fiscal gap? Will cuts be needed? Here's our Q&A

    PoliticsGreek Politics

    and International Monetary Fund, who are reportedly demanding an extra 2 billion euros in cuts next year... weeks have claimed that the troika wants another 2 billion euros to be found in 2014 but Greek media... eurocrats and troika whisperers, however, talk of €2 billion for 2014 budget. #Greece — Juergen Baetz

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  7. Newsletter 4 - 21/11/2014

    Newsletters

    percent incorporated in the medium-term fiscal strategy (MTFS) and the 2 percent in the draft budget... an increase in both the manufacturing as well as the mining and quarrying sectors by 1.8 and 2 percent... grew to 3.75 billion, a rise of 56.3 percent year on year. 2 Waiting for Godot in Greece

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  8. The immediate economic and financial hurdles for the new Greek government
    Photo by MacroPolis

    EconomyProgramme

    2 billion euros and new funding could stem from extraordinary T-Bill issues of 1.5 – 2 billion... at circa 2 billion. However, since the previous government has exhausted the 15-billion-euro limit

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  9. Newsletter 80 - 01/07/2016

    Newsletters

    . Meanwhile, credit contraction remains unabated, with the drop rate accelerating slightly to 2 percent... in April. Bank credit contracts Bank credit contracted by 2 percent in May, up from 1.9 percent a month... year. Contraction reflects negative flow of 275 million from the household lending sector. 2 Fool

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  10. Gains of 2.5 pct for stocks this week amid subdued trading volumes
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Telecom – OTE (-2.3 percent) and Folli-Follie (-2 percent). The trading activity remained muted... profits to 343.3 million, while net sales fell by 2 percent to 6.21 billion. The Board of Directors proposes a dividend of 0.44 euros per share implying a dividend yield of 2 percent. Piraeus Port

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