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  1. Eurozone periphery condemned to low wages, demand, EC study suggests
    en_GB Photo by Harry van Versendaal

    Economy

    . The paper concludes that the fiscal adjustment undertaken in the core had a counter effect on the heavy... that recently came into effect, setting legal barriers to stimulus spending in the event

    12%

  2. Greek consumers take effort to lower prices into their own hands

    Society

    an immediate effect as Greeks were able to buy local potatoes for as little as 25 cents a kilo directly from... available to families that are struggling financially but there has been a broader effect in terms

    12%

  3. Has internal devaluation really helped Greek exports?

    Economy

    finds that indirect tax increases pushed the cumulative effect of consumer price inflation by 6... of scale. Given that internal devaluations do not have the automatic effect of reducing relative

    12%

  4. EU subsidies help push Q1 primary budget surplus to 1.57 bln, well above target

    Economy

    million, up 230 percent, and also reflecting a low-base effect. Unlike last year, the recorded tax... reflecting a low base effect. Overall, the 3-month PIB balance showed a surplus of 1.12 billion

    12%

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

    Economy

    to 703 million, also reflecting a low-base effect. Unlike last year, the tax refunds so far in 2014... almost doubled year on year to 918 million also reflecting a low base effect. As a result, the 3-month

    12%

  6. Car registrations continue to rise; up by 9.1 pct in April

    EconomyMacroeconomy

    recorded in the preceding three months, which also reflected a low base effect. As a result, the headline... 2007. That performance, which also reflected a low-base effect, followed a nosedive exceeding 30

    12%

  7. European Commission paper highlights challenges for Greek exports

    Economy

    since then, the increasing export-to-GDP ratio actually masks the effect of falling GDP during the crisis years. Adjusting for this denominator effect reveals that the shrinking trade deficit was mainly

    12%

  8. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    and this has a positive knock-on effect. Apart from that, it is only logical that as the nature... districts. Also, if there is to be a positive knock-on effect for employment, Greece needs to think

    12%

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

    EconomyMacroeconomy

    trade reflects a high base effect, while that of April 2014 incorporated a low base effect. For the same

    12%

  10. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    in 2009 (from -3.1 percent). The combined effect of the revisions on nominal GDP for the end-year... (+1.25 billion). Both are now recorded as gross fixed capital formation. b) A positive effect

    12%