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  1. Greek unemployment rate ends 2014 at 26 pct, the first uptick since Sep 2013
    Photo by MacroPolis

    EconomyMacroeconomy

    The seasonally adjusted (SA) unemployment rate rose to 26 percent in December from an upward revised 25.9 percent in November, according to the Hellenic Statistical Agency (ELSTAT). This was the first uptick in the headline figure since September 2013. ...

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  2. Greek gov't targets unpaid social security contributions: The numbers involved

    Economy

    The government recently tabled for public consultation a draft bill on the settlement of unpaid tax and social security contributions (SSC). Both interventions are among the government’s key priorities to boost revenues and reverse the negative trend in...

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  3. Greek central gov’t cash surplus shrinks 70 pct to 503 mln by February

    EconomyMacroeconomy

    Greece’s central government primary cash balance showed a surplus of 503 million in the first two months of 2015 down by 70 percent on last year’s figure of 1.68 billion, according to the Bank of Greece (BoG). The central government net balance posted a...

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  4. Greek gov't tables draft law on installments for unpaid taxes: Here's what's in it

    EconomyMacroeconomy

    The Finance Ministry (MoF) tabled in Parliament on Wednesday evening the draft bill for the “rebooting of the economy”, which mainly includes the government’s intervention for the settlement of tax and social security contribution (SSC) arrears. This is...

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  5. Greek PMI edges up in March but exports, factory output fall

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved for the second straight month by 0.5 points to 48.9 in March from 48.4 in February, according to Markit. However, the March headline figure remained below the 50-point mark for the seventh successive month, while the ...

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  6. Ministry of Finance - Greek Reforms in the Context of February 20, 2015 Eurogroup
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    Documents

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  7. Greek trade deficit drops by larger rate of 27.2 pct in Feb

    EconomyMacroeconomy

    Greece’s trade deficit continued heading south for the second straight month in February, when it dropped by the higher rate of 27.2 percent compared to 21 percent in January, according to the Hellenic Statistical Authority (ELSTAT). The February headli...

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  8. Greek pensions: The thorniest issue in talks between Athens and lenders

    EconomyProgramme

    As Greece and its lenders make a new push to conclude negotiations that could secure more bailout funding, it is certain that the country’s pension system will prove one of biggest obstacles to a deal. Following requests by Greece’s creditors, the previ...

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  9. Greek trade deficit rises by 6.9 pct in March after successive falls
    Photo by MacroPolis

    EconomyMacroeconomy

    After dropping by more than 20 percent in each of the preceding two months, Greece’s trade deficit rose by 6.9 percent in March, according to the Hellenic Statistical Authority (ELSTAT). The February headline figure contains the lowest rate of the nine ...

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  10. Greek trade deficit up 6 pct in April despite growth in exports

    EconomyMacroeconomy

    Greece’s trade deficit increased for the second successive month in April, when it rose by 6 percent after a 6.9 percent rise in March, according to the Hellenic Statistical Authority (ELSTAT). In absolute figures, the trade deficit reached 1.66 billion...

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