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  1. ELSTAT sees 2013 primary deficit at 8.7 pct of GDP, 40 bln wiped out from economy since 2010

    EconomyMacroeconomy

    to be discussed at the May 5 Eurogroup, while top eurozone officials indicate that potential decisions

    2%
  2. Greek banks' Eurosystem funding falls for third straight month, at lowest since Feb 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped in March at the fastest pace since May 2013. It fell by 7.3 billion in what was the third successive month that funding declined, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 60.69 billion, its lowest

    2%
  3. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    by May 5. This is the date of the next Eurogroup, where the Greek Finance Minister Yannis Stournaras

    2%
  4. Greece unveils MTFS seeing 4.2 bln primary surplus in 2014 but just under 2 bln fiscal gap in 2015-16
    Photo by MacroPolis

    EconomyMacroeconomy

    The Finance Ministry unveiled on April 30 the Medium-Term Fiscal Strategy (MTFS) for 2015 – 2018, which was also tabled in Parliament. The government aims for the program to be voted through the House by May 5 to coincide with the date of the next Eurogroup, where the Greek Finance Minister Yannis

    2%
  5. Manufacturing PMI rises again, reaching 51.1 in April

    EconomyMacroeconomy

    reduction was the highest since May 2013. The level of outstanding business showed a further decrease

    2%
  6. Greece lays out plans for debt relief from eurozone
    Photo by MacroPolis

    EconomyProgramme

    pressing for a more radical solution. The IMF executive board is scheduled to convene in mid-May

    2%
  7. Eurobank: From nationalisation to re-privatisation

    Agora

    , Eurobank announced in May 2013 a “voluntary” conversion of hybrid and other securities to common shares

    2%
  8. Imports soar by 7 pct in March as exports rise for first time since Sept

    Economy

    ’ provisional data on May 26, which will also include the evolution of trade deficit in the first

    2%
  9. In Spain, the best generation is in danger of becoming the lost generation
    Photo by Roberto Ortiz via Flickr

    Agora

    A double degree in communication from Paris and Madrid universities, and a master’s in cultural policy at a prestigious British institution may have been enough for getting a job a decade ago in Spain but not now. Laura, 25 and unemployed for one year, voices her pessimism about her future

    2%
  10. Ahead of European elections, Greeks display wavering faith in EU
    Photo by MacroPolis

    Society

    . Ahead of deciding who they will send to Brussels and Strasbourg on May 25, just 26 percent said

    2%