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  1. Industrial turnover drops by 14.4 pct in October
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s industrial turnover fell by 14.4 percent year-on-year (YoY) in October compared to a drop... by a 14.6 percent drop in the manufacturing index. The turnover index in mining and quarrying decreased... the turnover in the domestic market fell by 14 percent. The drop in the domestic market was driven by a fall

    6%

  2. Industrial turnover drops by 12.2 pct in January
    Photo by MacroPolis

    EconomyMacroeconomy

    with a revised drop of 3.6 percent in December. The reading is the 12th straight decline, and the biggest drop... on Friday. The decline in January was led by a 21 percent drop in the mining and quarrying index... percent. In the domestic market, January’s drop in industrial turnover was driven by a 16.6 percent

    6%

  3. Loverdos cosies up to DIMAR but future of Greek centre left remains in doubt

    PoliticsGreek Politics

    One of the key factors that will determine developments in Greek politics over the months and years to come is what is going to happen in the centre-left part of the spectrum. There have been backchannel discussions on the subject between PASOK, Democra...

    6%

  4. Unemployment creeps up to 27.6 pct in July; little tourism boost evident
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in July edged marginally higher to 27.6 percent from 27.5 percent in June, according to data released on Thursday by the Hellenic Statistical Authority (ELSTAT). Despite the reduction in the number of unemployed...

    6%

  5. Greek primary surplus at 400 mln to Oct but arrears keep piling up

    EconomyMacroeconomy

    The Greek general government (gg) cash deficit to October fell by 50.8 percent to 4.41 billion with the gg cash primary surplus landing at 1.38 billion from 2.53 billion last year, the Ministry of Finance (MoF) said on Tuesday. Similar to previous month...

    6%

  6. Unemployment rate inched up again in Sept to 27.4 pct
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    The seasonally adjusted unemployment rate in September rose marginally to 27.4 percent, from 27.3 percent in August, according to data released by the Hellenic Statistical Authority (ELSTAT). The September rate is now just under the historic high of 27....

    6%

  7. Key Greek election date firms up; turnout could prove crucial

    PoliticsGreek Politics

    The date for what is certain to prove one of this year’s watershed moments has been set: the European Parliament elections and the second round of voting in Greece’s local polls will take place on May 25. It had initially been thought that the European ...

    6%

  8. Manufacturing PMI edges up for second month in a row

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 0.1 points for the fourth straight month in February reaching 51.3 points from 51.2 in January, according to Markit. The headline figure remained above the 50-point mark for the second consecutive month mainly led ...

    6%

  9. To Potami's rise and Golden Dawn's strife shake things up for May vote
    Photo from http://topotami.gr/

    PoliticsGreek Politics

    Just as it looked as if May’s European Parliament elections would be an antagonistic but relatively sterile battle between New Democracy and SYRIZA, with Golden Dawn a shoe-in for third place, journalist Stavros Theodorakis is threatening to upset this ...

    6%

  10. Piraeus snaps up share in MIG to complete series of corporate moves
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank announced on May 14 its third major corporate development in the last two months, following the successful completion of a 1.75-billion- euro capital increase in late March and a senior unsecured bond issue of 500 million in mid-March. Acco...

    6%