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  1. Greek primary budget surplus doubles to 835 mln in Jan but below target

    Economy

    , mainly due to lower consumption taxes (down 8.3 percent), counterbalancing a modest increase in VAT

    2%

  2. Fragmented, weak Greek centre left fails to find basis for cooperation
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    An ambitious plan for the rejuvenation of the centre left of Greek politics has stalled as the movement of intellectuals and politicians known as the “58” has turned down an opportunity to cooperate with PASOK at the upcoming European Parliament election. The two sides had been in talks for several

    2%

  3. General gov't cash surplus widened to 2 bln in January

    EconomyMacroeconomy

    . Their outstanding balances were down by 2.11 billion and 1.08 billion respectively.

    2%

  4. Is the Greek coalition about to cry over fresh milk?
    Photo by MacroPolis

    PoliticsGreek Politics

    MPs. In December, it agreed to water down tax hikes on farmers and withdrew plans to make all those

    2%

  5. Greek retail index dropped 4.3 pct in January

    EconomyMacroeconomy

    private consumption down by 28 percent. Retail turnover has consistently headed south since June 2010

    2%

  6. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    and demand has led apartment prices down 10.3 percent in 2013 after falling 11.7 percent in 2012

    2%

  7. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    to be brought down to 15 percent by 2017.

    2%

  8. Who benefits from Greece’s return to the markets?
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    Now that the euphoria is beginning to die down let’s take a second, more sober look at what Greece achieved last week when the investment community hailed the country’s return to the markets. Politicians from Prime Minister Antonis Samaras’s government were quick to join the chorus of cheerleaders

    2%

  9. OECD sees Greek recession continuing in 2014, slower recovery to follow
    Photo by MacroPolis

    EconomyMacroeconomy

    . Unemployment is seen edging down slowly to 27.1 percent in 2014 and 26.7 percent in 2015 from 27.3 percent

    2%

  10. Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
    Photo by Harry van Versendaal

    Economy

    The seasonally adjusted jobless rate eased for a fifth successive month in February, edging down to 26.5 percent from a downwards revised 26.6 percent in January, according to the Hellenic Statistical Agency (ELSTAT). The unemployment rate in February is the lowest reading since January 2013

    2%