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  1. Electricity main driver for industrial production rise of 2.1% YoY in April

    EconomyMacroeconomy

    Commission’s latest business surveys for May, industry confidence jumped to 7.9 points, from 2.6.... In addition, manufacturing PMI rose to 53.3 points in May, from 52.4 points in the previous month, S&P Global data showed. Growth in May accelerated to one of the strongest rates of the past year and remained

    2%

  2. Greece faces prolonged price pressures despite US–Iran deal
    Image: Chevron

    EconomyMacroeconomy

    climb consistently since March, with Eurostat’s HICP rising from 2.9% in February to 4.9% in May... infrastructure during the conflict may require months, or even years, to fully repair. There is a strong chance... on this year’s economic activity and growth may be difficult to reverse.

    2%

  3. Business loans drive 7.7% YoY credit growth in June
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    in May, with mostly inflows over the last few months. The outstanding balance was 134.56 billion... an inflow of 1.29 billion euros in May. Within corporate lending, the flow of credit to non-financial... an inflow of 105 million in June, from an inflow of 13 million in May and the balance standing

    2%

  4. Honey, I shrunk the Greeks

    Agora

    of that May 2010 so called Greek bailout was not Greece itself but the eurozone as it gave... paying off a maturing bond in the end of May. In the same period, according to ELSTAT, Greece paid

    2%

  5. Is VAT all you've got?

    Agora

    . While hospitality may, or may not, profit from VAT dropping to 13 percent, businesses in all sectors

    2%

  6. Ring of Fire

    Agora

    three years that our daily comforts, as small as they may have been, are slipping away one by one... Egnatia Bank in central Athens remains one of the most shocking moments of this crisis. Coming on May 5

    2%

  7. It remains a mystery
    Photo by Can Esenbel [www.mundanepleasure.com]

    Agora

    The Wall Street Journal leaked this week the minutes of an International Monetary Fund board meeting in May, 2010, just a few days before Greece signed its first bailout. The extracts reveal... risks substituting private for official financing. In other and starker words, it may be seen

    2%

  8. Volunteers try to fill void left by retreating Greek state
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    together in May this year to form the Symahoi Ygeias (Allies of Health). While some of the group.... The survey, published in May this year, indicated that there has been a 44 percent increase

    2%

  9. Greek centre-left in search of new roots with own Olive Tree alliance

    PoliticsGreek Politics

    amenable. It is possible that independent local government figures may also back the move. The aim is to create a common platform for the centre-left ahead of the European Parliament elections in May

    2%

  10. Coalition in a bind as debt relief slips away and more austerity looms

    PoliticsGreek Politics

    for Greece until after the European Parliament elections in May is also a cause for concern... would be beneficial for the country in the long run. If Greece goes to the polls in May without any

    2%