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  1. Greek union data suggest workers get paid late or in kind

    Society

    (food, fuel, etc.) or the employer pays half of the bonus. Young employees (under 25) are often

    12%
  2. Greece sees travel receipts shoot up by 35.8 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    for scheduled flights (up 25 percent to 15.8 million) and a rise by 750,000 of tourist arrivals in Athens

    12%
  3. Retail sales up 3.9 pct in April for first positive YoY reading since 2010

    EconomyMacroeconomy

    stores (up 37.9 percent) and retail sales not in stores (up 25 percent). The only sector that exhibited

    12%
  4. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    sector (42 billion) followed by housing NPLs at 25 billion and consumer NPLs at 10 billion. Although

    12%
  5. To Potami takes next step in mission to become key political player in Greece
    Photo from http://topotami.gr/

    PoliticsGreek Politics

    in the European Parliament elections on May 25, the party’s result of 6.6 percent was still impressive given its

    12%
  6. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    in Athens. The Council of State blocked on May 25 the privatisation of the Athens Water Supply and Sewerage

    12%
  7. Exports continued their decline, down by 8.3 pct in May

    Economy

    on July 25, which will also include the evolution of trade deficit for the first five months

    12%
  8. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    ) followed by housing NPLs at 25 billion and consumer NPLs at 10 billion. The NPL ratio increased

    12%
  9. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    percent). Despite the weak performance posted in May, the 5-month C/A deficit shrank by 25 percent

    12%
  10. Car sales continue to rise in July but at slower pace of 25.9 pct

    EconomyMacroeconomy

    are registered, stood at 25 percent in July and 28.4 percent in the 7-month period, in line with the country

    12%