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  1. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    of 5 percent is anticipated for 2016 albeit lower than the 7.7 percent previously forecasted. The OECD

    3%

  2. Athens Stock Exchange ends week on a low, banks lose 9.7 pct

    Economy

    The Greek stock market showed little change until Thursday but plunged 5 percent on Friday, closing the week with losses of 4.8 percent in the aftermath of negotiations between Greece and its lenders, reversing the initial positive mood evident particularly during Tuesday’s session. The key

    3%

  3. S&P moves Greece down a notch to CCC, maintains recession forecast

    Economy

    its scheduled payment to the IMF that was due on June 5. The downgrade reflects S&P view

    3%

  4. Most services in Greece see turnover improve in Q1

    EconomyMacroeconomy

    the evolution of turnover indices shows mixed trends with 5 out of the 14 service activities

    3%

  5. Greek stocks down by 4.77 pct as bond yields head further north

    Economy

    since June 5. Bonds The Greek government bond (GGB) yields continued heading north unabated on Tuesday

    3%

  6. Audit of Greek debt adds to pressure on Tsipras in creditor talks

    PoliticsGreek Politics

    to hopes of a major writedown, suggesting that only around 5 percent of Greek debt was odious

    3%

  7. Tsipras opts for referendum, leaving many issues open
    Photo by MacroPolis

    PoliticsGreek Politics

    on Saturday (noon) to ask for the referendum to be held on Sunday, July 5. He needs 151 votes out of the 300

    3%

  8. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    contributions for pensioners to 6 percent (from 5 percent in the previous Greek proposal). Moreover

    3%

  9. An impossible choice

    Agora

    . They are at the receiving end of all these erratic developments. They have to digest the call for a referendum on Sunday 5

    3%

  10. Greek trade deficit plunges by 24.2 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    countries fell by 2.8 percent. Similarly, imports from the EU increased by 5 percent, while import from

    3%