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  1. Bid to form alliance for PPC referendum tests SYRIZA's political mettle
    Photo by MacroPolis

    PoliticsGreek Politics

    Although the government is coming under pressure due to its attempts to sell part of Greece's electricity monopoly, the Public Power Corporation (PPC), the confrontation over the privatisation may... victory in the European Parliament elections in May. The failure to form an alliance over

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  2. DIMAR imploding and leaving gap in Greek center left
    Photo by MacroPolis

    PoliticsGreek Politics

    in the European Parliament elections in May, when DIMAR gained just 1.2 percent, is going to usher... fewer Greeks backed the party in May than in the June 2012 general elections. Analysis of the EU vote

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

    EconomyMacroeconomy

    weigh on the recovery. The PBO estimates that the economic recovery this year may be stronger than... billion euros and now stand at the high end in the EU. Nevertheless, they may not prove adequate

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  4. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    on new deposits fell 8 bps to 1.51 percent in June from 1.59 percent in May. The movement in the new loan... down 46 bps to 3.41 percent in June from 3.87 percent in May. However, the June figure remains 10

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  5. Sudden spurt for Greek exports, which rose by 11.3 pct in June

    EconomyMacroeconomy

    The rate of change in Greece’s exports turned positive showing an increase of 11.3 percent in June following a drop of 7.5 percent in May, according to the flash estimates released by Hellenic... a 3.7 percent increase in May. The June rate was the fourth positive YoY reading in the first half

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  6. Karatzaferis offers to boost New Democracy's right wing with LAOS alliance
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    the May 2010 bailout but then gradually aligned himself with Samaras's opposition to the EU-IMF... in May, however, changed this dynamic. LAOS surprised observers by gaining 2.7 percent of the vote

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  7. Greek trade deficit rises by 7.4 pct in June but rate of increase slows

    EconomyMacroeconomy

    After a double-digit rise in the preceding four months, the rate of increase in Greece’s trade deficit decelerated to 7.4 percent in June from 21.9 percent in May, according to the Hellenic..., which was slightly lower than that in May (1.72 billion). The movement in June reflects an increase

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  8. A factional story: When disunity came to visit New Democracy
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    different opinion the next. Also, Tsipras may speak one way to a non-SYRIZA audience and then change his... of forces on Greece’s right. However, in its bid to stave off Tsipras and Co. New Democracy may end up

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  9. Alpha Bank reports H1 profits of 267.4 mln on one-off item
    Photo by MacroPolis

    EconomyBanking

    that Alpha and the other three systemic banks have eliminated ELA funding since May. The bank’s Basel III... for the calculation of capital needs by the ECB in the upcoming stress tests. In addition, the ECB may disclose

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  10. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index rebounded 0.4 percent year on year (YoY) in June after falling by a revised 8.3 percent in May, according to the Hellenic Statistical Agency (ELSTAT). Retail volume showed a higher increase at 3.8 percent in June from a drop of 3.6 percent recorded in May

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