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  1. As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis

    EconomyMacroeconomy

    demand and supply. The first finding comes from the value of banknotes in circulation, which more than..., compared to less than 10 percent for the eurozone average. The 27.7 billion euros of withdrawals from

    4%

  2. Greek Q1 unemployment remains at record quarterly high of 27.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    improvement by 0.4 pps YoY. On the flipside, the ‘long-term’ (more than 1 year) unemployment soared... a 0.6 pps drop YoY. More than half of the employed are concentrated in five economic activities

    4%

  3. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    building activity accounts for 22 percent of total, the decrease was slightly smoother than... times higher than the GDP contraction over the same period. The stock of housing loans, which show

    4%

  4. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    in the trade and current transfers’ deficits by 184 and 33 million respectively more than offsetting... is excluded, the trade balance showed an improvement since the drop in imports was higher than

    4%

  5. Ιnterest in exercising Alpha's warrants remains rather limited
    Photo by MacroPolis

    EconomyBanking

    than double compared to the previous period number, the total number of exercised warrants so far (90 million) is just a fraction (less than 8 percent) of the outstanding number of 1.14 billion

    4%

  6. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    . Rather than scrapping the tax hike, he advocated broadening a heating oil subsidy. However, the briefings... on the respective VAT revenues, which more than offset the increase posted in the excise tax revenues

    4%

  7. Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
    Photo by MacroPolis

    Economy

    of unpaid pensions and lump sums to more than 380,000 new pensioners (3.1 billion). The largest part (808... that the contribution collection is now growing faster than wages, reversing the trend of previous

    4%

  8. 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

    4%

  9. Coalition adopts court ruling that restores judges' pay, others poised to follow

    PoliticsGreek Politics

    have appealed rather than to entire groups. The coalition hopes this will give it some time to find... are earning substantially less than they did a few years ago. Also some voters might feel

    4%

  10. 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

    4%