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  1. Increase in number of services that saw their turnover decrease in Q2

    EconomyMacroeconomy

    The evolution of turnover indices for the services sector showed a worsening performance in Q2 2014, with 10 out of the 14 types of services, or specific activities of services as they are referred... the previous quarter. The other 7 services with negative growth recorded a single digit drop in Q2

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  2. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    . Their outstanding amount of covered bonds stands at lower levels close to 14 billion, with NBG... billion, while Alpha and Piraeus figures are between 7 and 7.5 billion each. Taking into account

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  3. Greek primary budget surplus rises to 2.53 bln at end of September
    Photo by MacroPolis

    Economy

    of Finance (MoF) on Tuesday. These numbers confirm preliminary figures released on October 14. The month... expenditure down 7 percent to 35.91 billion outperforming target by 1.96 billion.

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  4. First Greek presidential vote to set tempo for final ballot on Dec 29

    PoliticsGreek Politics

    The first round of the presidential ballot on Wednesday evening (7 p.m. Greek time) is unlikely to provide any clear indications about whether the current Greek Parliament will manage to elect a new... to 165 as – by our calculations – at least 14 more independent and opposition MPs could back

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  5. Where did all the money go?
    Photo by MacroPolis

    Agora

    of government bodies via repos worth 7 billion and privatization proceeds in the range of 2.4 billion... interest. This totalled 34.6 billion euros or 14 percent of the combined financing needs. An added

    15%

  6. How does ECB's decision on Greek banks' T-Bill exposure affect state liquidity?
    Photo by Kiefer via Flickr https://flic.kr/p/q2j8Dt

    Economy

    of 6-month T-Bills mature on April 14 and 1 billion of 3-month T-Bills on April 17. Due to the bank holidays... the first issue on April 7 and the second on April 15. Rollovers The rollover of the 6-month T-Bills

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

    EconomyMacroeconomy

    fell by 13.2 percent to 4.73 billion. The quarterly change stems from a decrease in imports by 7... of trade deficit. In particular, exports posted a double-digit growth (+14 percent), while imports were

    15%

  8. Greece seen having older and much smaller population by 2060

    Society

    to 15.3 percent. That would there would be more people in this age group than in the 0–14... is expected to climb by 7 percentage points by 2020. By 2060, Greece’s share of older workers (aged 55 to 64

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  9. Back to the technocrats for Tsipras after Riga meeting yields little

    PoliticsGreek Politics

    but that the Greek side does not want to scrap one of the brackets. Greece is proposing three rates (7, 14 and 22

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  10. Building activity up by 6.2 pct in April for third straight rise
    Photo by MacroPolis

    EconomyMacroeconomy

    in Western Greece (-37.5 percent), Eastern Macedonia and Thrace (-17 percent) and Epirus (-7 percent... loans which displayed a contraction by more than 14 percent since the end of 2010 with net loan

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