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  1. Industrial turnover returns to contraction in Nov with sharp 5 pct YoY drop

    EconomyMacroeconomy

    decreased by 7.5 percent, led by decreases of 7.7 percent in manufacturing, and mining and quarrying up by 1

    20%
  2. Sharp drop of 5.1 pct in March industrial turnover driven by refined petroleum products
    Image via www.helpe.gr

    EconomyMacroeconomy

    . On a monthly basis, industrial turnover in the total market increased by just 0.2 percent, led by rises of 34

    20%
  3. Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
    Photo by MacroPolis

    EconomyMacroeconomy

    expansion. The quarterly movements in Q1 were led by a rise of 1.2 percent QoQ in final consumption

    20%
  4. Drop in energy costs bring CPI down to 1.8 pct YoY in Sep
    Photo via https://flic.kr/p/2jr5z2o

    EconomyMacroeconomy

    . The housing costs were led mainly by rentals for dwellings, services for the repair and maintenance

    20%
  5. Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    billion to 124.06 billion in August. This mainly reflected a similar drop in the Emergency Liquidity... Governing Council decided to lower the ELA ceiling for Greek banks three times by a total of 2.1 billion

    19%
  6. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    , the MoF expects a recession of 2.3 percent for the whole year. This reflects a drop in private... in the expenditure ceiling for military spending (500 million) 3) Pension reforms (484 million) 4

    19%
  7. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    in September were accompanied by a drop in banknotes in circulation by 920 million. Over the past ten... August 18, the ECB Governing Council decided to reduce the ELA ceiling for Greek banks five times

    19%
  8. Gov't proposes easing impact of pension reforms on self-employed for three years

    Economy

    . The income ceiling was set at 55,000 euros, where the proposed discount stands at 5 percent. The Ministry... and 20,000 euros the picture is mixed: Engineers would see a modest drop of 2.7 percent, doctors a marginal

    19%
  9. Greece and lenders hold inconclusive talks on tax and pensions
    Photo by MacroPolis

    EconomyProgramme

    has to be lowered to 7-8,000 euros, while the government has counter-proposed a lower drop to around... ceiling e.g. at 8,000 euros would entail additional tax of 340 euros per annum for all individuals

    19%
  10. Athens forced to consider shelving market access plans for now
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    . According to a report in The Wall Street Journal, the ceiling was set at 325 billion euros of central... to order a second review of the decision to drop the investigation into the former head of the Hellenic

    19%