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Revenues beat target for third straight month, put primary surplus in sight
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros for the third straight month in September with the year to date shortfall further narrowing to 710 million from its peak of 1.61 billion euros at the end of June, according to the preliminary data
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Unemployment creeps up to 27.6 pct in July; little tourism boost evident
EconomyMacroeconomyThe 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 people in July, from 1.4 million to 1.37
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Industrial production continues decline with 7.2 pct drop in August
EconomyMacroeconomyThe Industrial Production Index posted a drop of 7.2 percent in August with the figure for the first eight months of the year also retreating by 3.8 percent, according to ELSTAT. This means that except for April and June, all monthly readings so far in 2013 exhibit a single digit drop of between
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Greek centre-left in search of new roots with own Olive Tree alliance
PoliticsGreek Politicsgovernment in June over the closure of state broadcaster ERT, DIMAR has adopted what in loose terms
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Greek banks less reliant on Eurosystem funding in September
EconomyMacroeconomybillion since its peak in June 2012. The ongoing sharp drop is mainly attributed to higher interbank
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How Greek banks could cut 2014 financing gap with a bond rollover
Economyin Piraeus Bank. The respective impact on capital ratios for the top-4 banks (at the end of June 2013
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Submarine deal resurfaces, threatening new political divisions
PoliticsGreek Politicsthe coalition in June, New Democracy and PASOK have been able to avoid major flashpoints
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Direct taxes jump by 46 pct to help Sept. revenues beat target for third month in row
EconomyThe budget execution to September showed revenues beating monthly targets by 339 million euros for the third straight month in September, with the year to date shortfall further narrowing to 710 million from its peak of 1.61 billion euros at the end of June, according to the final data released
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Greece trying to lay 'phantom' pensions to rest
Societypensioners’ data. The first Ilios report in June showed that there were 2.71 million Greeks claiming
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Manufacturing PMI slightly down at 47.3 in October
EconomyProgrammeand accelerated pace in October – the fastest since June – data showed a further marked decrease in the amount
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