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  1. Greek primary budget surplus reaches 712 mln in first half of 2014

    Economy

    Greece’s budget execution showed a primary surplus of 712 million euros in the first half of the year from a primary deficit of 1.51 billion euros in the corresponding period last year, according to the preliminary data released by the Ministry of Finan...

    2%

  2. Value of HFSF's shareholdings in core Greek banks sinks to 18.5 bln

    EconomyBanking

    The recent publication of financial statements for the first quarter of 2014 by Greece's bank rescue fund, the Hellenic Financial Stability Fund (HFSF), revealed a profit of 1.45 billion euros for the period in question. However, the value of HFSF's sha...

    2%

  3. Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP

    Economy

    Greece’s general government debt slipped by 3.9 billion euros quarter on quarter to 314.8 billion euros, or 174.1 percent of GDP, at the end of Q1 2014 from 318.7 billion, or 175.1 percent, at the end of 2013, according to Eurostat data published on Tue...

    2%

  4. Greek coalition locked in dispute over public sector reform

    PoliticsGreek Politics

    Greece's coalition appears to have averted one political confrontation this week but has found itself locked in another that might prove more complicated to get out of. The government had been heading for a clash with SYRIZA over a controversial bill re...

    2%

  5. Greek trade deficit up by 21.9 pct in May as exports sink further

    EconomyMacroeconomy

    The rate of increase in Greece’s trade deficit accelerated to 21.9 percent in May from 17.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT). May’s figure indicates that trade deficit rose for the fourth straight month and the ...

    2%

  6. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index resumed a negative trend in May dropping by 8.5 percent year on year (YoY) after increasing by 3.8 percent in April, according to the Hellenic Statistical Agency (ELSTAT). Similarly, retail volume fell 3.8 per...

    2%

  7. 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 Statistical Authority (ELSTAT) on Thursday. Nevertheless, si...

    2%

  8. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    Greece’s central government net balance on a cash basis showed the deficit narrowing by 78.3 percent to 1.72 billion euros in the 7-month period from 7.93 billion last year, according to the Bank of Greece (BoG). The 7-month primary cash balance turned ...

    2%

  9. Greek central government debt rises to 322.4 bln in Q2

    Economy

    Greece’s central government debt rose by almost 2 billion euros to 322.4 billion in Q2 2014 from 320.42 billion in the preceding quarter, according to the Finance Ministry debt bulletin published on Monday. The quarterly evolution reflects net redemptio...

    2%

  10. 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 Statistical Authority (ELSTAT). In absolute numbers, the headli...

    2%