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  1. OECD sees GDP growth of 1.1 pct in 2017, stresses structural reforms and debt relief
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of improvements in tax compliance and one-off revenues from tax arrears. Going forward, the OECD

    3%
  2. Industrial production edges up 1 pct in April after double-digit growth in previous two months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    makes up more than one fifth of the total index, grew by 3.7 percent. Furthermore, mining

    3%
  3. Car sales drop 2.5 pct in May for second successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent from the low of 77,675 in 2012, the 2016 figure stood at just one third of the record high

    3%
  4. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    for the fourth time in the last five months, with only one month (February) recording a modest

    3%
  5. Expectations for deal on Thursday rise as Athens tempers own
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a stronger and clearer commitment to debt relief than the one on offer last month, the promise

    3%
  6. Rhetoric ramped up ahead of Eurogroup but deal still in sight
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    a slight improvement on the one made at last month’s Eurogroup (i.e. provides some extra clarity

    3%
  7. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in April. Furthermore, the budget balance posted a deficit of 1.24 billion, down by almost one

    3%
  8. Greece secures next bailout tranche, moves towards deal with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    that will be more robust than the one made at the May 2016 Eurogroup. It is still doubtful, though, that this would

    3%
  9. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion

    3%
  10. Tsipras eyes next step after mixed Eurogroup deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to present a much more hopeful picture in the months ahead. One potential stumbling block in the immediate

    3%