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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate fell for the third straight month in April, when it declined to 23.3 percent from a downward revised 23.7 percent in March, Hellenic Statistical Authority (ELSTAT) labour force survey showed on Thursda...

    7%

  9. Industrial production up again in May with 2.9 pct increase

    EconomyMacroeconomy

    Greece’s industrial production continued its rebound in May, posting an increase of 2.9 percent compared to a sharp drop of 4.3 percent in May 2015, ELSTAT data showed on Monday. On a month on month basis, May recorded a drop of 1.9 percent compared to ...

    7%

  10. Net job hirings rise again, reaching 19,281 in July - highest since 2001
    Photo by MacroPolis

    EconomyMacroeconomy

    The employment balance was kept positive for the sixth successive month with net hirings reaching 19,281 in July 2016 from net departures of 16,658 a year ago, the Labour Ministry’s information system (Ergani) data showed on Thursday. In addition, this ...

    7%