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  1. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    (by 642 million) and higher revenues (by 142 million from shortfall of 620 million to April) more than... to targets lower than the 40-million euro mark. The revenue breakdown showed direct taxes increasing

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

    PoliticsGreek Politics

    a notable player in Greek politics. Although less than four months have passed since Theodorakis... in the country’s developments. To Potami’s short-term aim is likely to be to secure enough support (higher than

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  3. Greek PMI falls to 49.4 in June, lowest since November 2013

    EconomyMacroeconomy

    heading south, while post-production inventories dropped at a solid rate, although slower than in May... was slower than in May. Markit analysts concluded that: “Greece’s manufacturing PMI fell back below

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  4. Young Greeks more likely to swap items and buy second hand
    Photo by MacroPolis

    Society

    the survey of more than 1,000 Greeks, suggest that the practice of reusing items such as clothes... of the total, more than charities and the church, which make up 33 percent.

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  5. Bid to form alliance for PPC referendum tests SYRIZA's political mettle
    Photo by MacroPolis

    PoliticsGreek Politics

    end up being a sterner test of SYRIZA's mettle than the coalition's. The opposition party upped... relating to the liberalisation of the energy sector rather than just blocking the sale of the so-called

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  6. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    deposit rate is gradually falling, it remains more than 100 bps above the respective euro-area average rate of 1.42 percent in May. In addition, it is still higher than the respective rates in Spain

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  7. Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
    Photo by Harry van Versendaal

    Society

    that the numbers are even more alarming than most would imagine. Quoting figures supplied by Greece’s jobs... unemployed, meaning they had been out of work for more than 12 months. Also, 9.2 percent of those

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  8. Central gov't primary cash surplus reaches 1.37 billion in first half of year

    EconomyMacroeconomy

    at 23.67 billion euros, 236 million higher than the BoG underlying item. Interest payments on a cash basis dropped 11.9 percent to 3.17 billion euros, 1 percent higher than the budget figure. The 6-month

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  9. Return of coastal bill may give SYRIZA new chance to build support
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    -DEI), whose interests were far narrower than those represented by the groups opposing coastal... Golden Dawn) demanded such a discussion, they backed seven different proposals rather than uniting

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

    Economy

    ), which are seen at 16 billion. More than half or the NPLs stem from corporate loans (42 billion euros... billion euros from more than 400,000 debtors and the latter’s at 7.5 billion from 370,000 debtors

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