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  1. Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
    Photo by MacroPolis

    EconomyMacroeconomy

    drop by 6.5 percent. In particular for May, revenues fell significantly by 23.7 percent broadly... in revenues in May is also due to the delay in the collection of the corporate income tax as well

    9%

  2. Unemployment edges down to 24.5 pct in Oct, lowest since May 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    figure displayed on Thursday. The October headline figure represents the lowest reading since May... in the country at 14.7 percent. The challenges in the domestic labour market may continue in 2016

    9%

  3. Greece looks for support as expectations for May 9 Eurogroup lowered

    PoliticsGreek Politics

    low for any agreement on the bailout review by the extra Eurogroup on May 9. A Reuters report... agreement by May 9, including on the 2 percent of GDP in contingent measures, is possible. The nature

    9%

  4. Travel receipts drop at an accelerating pace of 10.4 pct in May despite growth in arrivals
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel receipts headed south for the second straight month dropping at an accelerating pace of 10.4 percent in May from 7 percent in April, Greece (BoG) figures showed on Friday. The absolute figure landed at 1.1 billion in May, while the corresponding payments fell by 5.5 percent to 179.6

    9%

  5. Decline in retail sales accelerates to 8 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index accelerated its decline in May, falling by 8 percent year on year from a revised 4.4 percent drop in April, according to data released by ELSTAT on Friday. The volume... in the previous month. Both seasonally adjusted indices, for turnover and volumes, fell month on month in May

    9%

  6. Tsipras in tight spot over debt deal but QE access may hold key to compromise
    By Angelos Christofilopoulos/Fosphotos

    PoliticsGreek Politics

    The Greek government seems intent on trying to forge a better deal with its lenders than the one proposed at the May 22 Eurogroup, with access to the European Central Bank’s QE scheme perhaps holding... to consider Greek bonds as eligible. There have been reports over the past few days that Stournaras may take

    9%

  7. Trade deficit up 14.2 pct in May as imports increase along with exports
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s trade deficit grew by 14.2 percent in May after falling by 14.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) provisional data showed on Friday. The increase in May reflects a rise in exports by 25.3 percent, which was impacted by imports also rising by 20.6

    9%

  8. Travel receipts edge up 1.7 pct in May on higher foreign arrivals
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Greece's travel receipts edged up by 1.7 percent in May, decelerating from the 11.3 percent growth recorded in April, Bank of Greece (BoG) data revealed on Monday. Receipts stood at 1.09 billion euros in May, while the corresponding payments fell by 2.6 percent to 167.7 million. As a result, travel

    9%

  9. Industrial production grows 1.6 pct in June, slowing from May

    EconomyMacroeconomy

    Greece’s Industrial Production Index (IPI) increased by 1.6 percent in June following upwardly revised growth of 6.3 percent in May, Hellenic Statistical Authority (ELSTAT) data revealed on Tuesday... the May decline of 0.03 percent and finished at 92.89. This represents the lowest reading since November

    9%

  10. Banks gear up for stress tests, with results due in May

    EconomyBanking

    Supervisory Board to meet to discuss and rubberstamp the results of the exercise in May, leaving... the exercise is formally completed on May 4, when the Supervisory Board is due to meet. The process

    9%