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  1. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased for the third straight month in April, albeit at a decelerating pace of 0.4 percent in April after an upward revised 5.3 percent of growth in March, according to the Hellenic Statistical Authority (EL...

    7%
  2. Building activity rises again in March as permits increase by 19.1 pct
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building permits rose for the second successive month in March, when they increased by 19.1 percent compared to the 10.2 percent rise recorded in February, according to the Hellenic Statistical Authority (ELSTAT). The March headline figure is the ...

    7%
  3. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    After decelerating in the preceding seven quarters, the drop in Greek apartment prices accelerated to 5.6 percent in the second quarter (Q2) of 2015 from a revised 4.1 percent in Q1, according to the Bank of Greece (BoG). The Q2 headline figure is the 2...

    7%
  4. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    Greek building permits grew for the fourth successive month in May, albeit by a modest 1.9 percent from 6.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May growth rate is the fourth positive reading in 2015 and just t...

    7%
  5. Greek politics to dash voters hopes again

    Agora

    The last time Greeks went to the polls was for the July 5th referendum, when Tsipras was asking and actively campaigned for a “resounding no” to the deal that the country’s creditors had offered just a few days prior. Tsipras got his wish. The “No” was ...

    7%
  6. Why did Tsipras win again?

    Agora

    The initial results from Greece’s second general election this year, and its fifth since October 2009, suggest that the prime minister, Alexis Tsipras, has a level of political durability that few could have predicted – and that a large section of Greek...

    7%
  7. Tax arrears rise again in August as 645 mln in new debt added for total of 6.92 bln this year

    Economy

    Greece’s new unpaid taxes resumed an accelerating trend growing by 645 million euros in August from 388 million in July, General Secretariat of Information Systems (GSIS) data showed on Monday. The month on month (MoM) rise in August is the second lowes...

    7%
  8. Credit standards for corporate loans tightened again in Q3
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit standards for corporate loans tightened quarter on quarter (QoQ) for the second successive quarter, Bank of Greece (BoG) bank lending survey (BLS) data showed for the third quarter (Q3) of 2015. BoG attributed the increased tightening Greek bank ...

    7%
  9. Sensing opportunity, Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    Two Golden Dawn MPs were ousted from a parliamentary committee on Wednesday after verbally abusing Defence Minister Panos Kammenos, highlighting the growing confidence that the Neo-Nazi party’s MPs seem to be feeling. After a period in the shadows, Gold...

    7%
  10. Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained stable at 89.7 in June, the European Commission (EC) figures displayed on Wednesday. The ESI has hovered close to the 90-point mark since March. It has gained 13.6 points since its recent low of 76.1 last Augus...

    7%