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  1. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    . Tax refunds dropped month on month, yet the 6-month figure jumped 160 percent to 1.56 billion, 6.6... 5.5 percent in June, yet the 6-month dropped 6.3 percent to 20.06 billion, outperforming target

    4%

  2. Parliament's budget office sees Greek recovery finely poised

    EconomyMacroeconomy

    , including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet... that the unemployment rate has started showing a downward, yet weak, trend. Nevertheless

    4%

  3. Greek PMI falls again in July, dropping to 48.7 points

    EconomyMacroeconomy

    which was the most marked over the past 3 years, yet only modest overall. Although the rate of decline... demand led to a reduction in staffing numbers for the second straight month, yet at a slower to June

    4%

  4. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    income of 1.5 billion, which was recorded in the budget execution, yet excluded from the fiscal targets... at 320 million, yet 52 million below target. PIB revenues amounted to 316 million in July, down

    4%

  5. Sudden jump in unpaid taxes last month takes total to almost 70 bln

    EconomyMacroeconomy

    amounted to 62.55 billion at the end of 2013, yet it was reduced by 1.97 billion in the 8-month period... a weak performance in July, yet they remain well below the annual targets. Those targets were set

    4%

  6. Greek primary budget surplus to August narrows to 1.95 bln on lower revenues

    Economy

    showed direct taxes fell 32 percent in August, yet rose 9.5 percent in the 8-month period to 12.71... period to 15.08 billion, yet in line with target. On the cost front, primary expenditure slightly rose

    4%

  7. Mixed messages continue to dog SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    to be just a case of kicking the can down the road. SYRIZA has not yet achieved a level of unity that means serious splits developing within the party (whether in opposition or government) can yet

    4%

  8. ECB stress tests and what they will mean for Greek banks
    Photo by MacroPolis

    Economy

    undergoing measures. It is not yet clear which of the two capital shortfalls (under the static... from the conversion of deferred tax asset (DTA) to tax credit. However, it has not yet been clarified

    4%

  9. Newsletter 3 - 14/11/2014

    Newsletters

    shortfall of 1 billion. It is not yet clear how the troika projected that figure, since the general... sectors of the real economy and has yet to reach the centre of Greek society. While foreign tourist

    4%

  10. Fitch keeps Greek rating at 'B' with stable outlook

    Economy

    is not yet reliable. In addition, it stresses that medium-term financing remains predicated... and increased EU funds. In addition, Fitch considers price competitiveness to have been restored, yet

    4%