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  1. Newsletter 217 -02/08/2019

    Newsletters

    on site. The provisions regarding local government aim to make it easier for alliances to be formed... to date showing continuous signs of lower borrowing costs. The yield essentially halved between June... auction held in the middle of June this year. June’s issue was covered more than two times. The T

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  2. Newsletter 129 - 28/07/2017

    Newsletters

    Greece returns to the bond markets Rate of bank credit contraction accelerates for the second... the average expenditure per trip slipped by 1.5 percent to 430 euros. The rate of bank credit contraction accelerated for the second straight month, reaching 1.3 percent in June from 1 percent in May, BoG

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  3. Russia and China prove hot topics in Tsipras-Obama talks at NATO Summit
    Photo via @PrimeministerGR

    PoliticsForeign Policy

    Secretary Jack Lew visiting Athens soon. It appears that Washington is set to renew its pressure on Greece’s eurozone partners to settle the debt issue. Lew has made positive statements regarding

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  4. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding dropped by another 5.71 billion euros in June, after falling... figure settled at 44.95 billion euros in June, the lowest reading since January 2010. At the end... to 642 thousand euros at the end of June from 3.6 million at the end of May. Since the beginning

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  5. Unpaid taxes edge up by 656 mln in June for slowest monthly rise in 2015

    EconomyMacroeconomy

    Greece’s new unpaid taxes increased by 656 million euros in June compared to 1.03 billion in May... for the first time, its contribution to new tax arrears rose from 44.5 percent to 63.4 percent in June... euros at the end of June. The change since the beginning of the year points to a decrease of 1.31

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  6. Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline

    EconomyMacroeconomy

    Greece’s trade deficit fell for the second successive month in June, when it declined by 14.1... terms, trade deficit stood at 1.48 billion euros in June. The double-digit drop reflects a higher.... The absolute figure of imports reached 3.71 billion in June. Exports resumed a double-digit decline

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  7. Retail sales fell by 1.7 percent in June, after a short-lived rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    by 1.7 percent in June, according to the Hellenic Statistical Agency (ELSTAT). The June headline... months. Retail volume posted a modest drop of 0.4 percent in June after a strong rebound by 4.1 percent in May. The segmental breakdown of June retail sales showed high volatility among the various

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  8. Net job hirings hit 33,608 in June, highest since 2001

    EconomyMacroeconomy

    in June 2016, up by 25,018 compared to the corresponding period last year, the Labour Ministry’s... since June 2001 and more than double the previous high of 16,017 in 2003. The employment breakdown showed hirings stood at 239,573 in June and were partially offset by a total of 205,965 departures

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  9. General govt primary cash surplus expands to 3.3 bln at end-June, arrears rise to 7.2 bln

    EconomyMacroeconomy

    for the fifth straight month, albeit at a slower pace, by 175 million in June following an increase by 323... of 24 million year to date with their stock at 1.31 billion in June making up more than 18 percent... of June, largely reflecting the tranche disbursement of 7.5 billion. In addition, the debt stock

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  10. Industrial production surges 7.5 pct in June, with highest growth rate since 2001

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised.... The headline figure for June is the third straight positive reading and the highest since 2001, from when data are available. It is worth noting that the IPI fell by 4.1 percent in June 2015. Thus, this year

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