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  1. Social support in Greece not adequate enough to deal with crisis, says OECD
    Photo by Harry van Versendaal

    Society

    in real wages was the largest in the OECD, but the resulting reduction in labour costs has so far

    2%
  2. Omnibus bill passes but leaves marks on coalition and SYRIZA
    Photo by MacroPolis

    PoliticsGreek Politics

    . Although the result of the vote was along the lines that had been expected, the day’s events were far

    2%
  3. Manufacturing PMI moved back into contraction territory in March

    EconomyMacroeconomy

    , the rate of growth eased from February’s recent high to the slowest so far this year. A decline

    2%
  4. Eurogroup clears next bailout tranches for Greece, sets new goals

    EconomyProgramme

    of closed professions and commitment on far-reaching energy market reforms and privatisation of public

    2%
  5. DIMAR rules out coalition return but sees general elections on horizon

    PoliticsGreek Politics

    are much slimmer. Nevertheless, Kouvelis believes sudden changes in Greek politics might not be far

    2%
  6. General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year

    EconomyMacroeconomy

    far in 2014. The MoF also updated its reporting with the released multi-page bulletin for February

    2%
  7. IMF recognises Greek 2013 surplus, sees less burdensome financing needs
    Photo by MacroPolis

    Economy

    percent of GDP respectively. Greece’s gross debt as a percentage of GDP remains by far the highest among

    2%
  8. Greek 2013 primary surplus confirmed at 1.5 bln euros

    Economy

    these targets. “The positive fiscal outcome for 2013, the satisfactory budget execution so far

    2%
  9. 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

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

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 1.4 points to 51.1 in April, according to Markit. This was the third reading so far in 2014 above the 50-point mark, which separates growth from contraction. The monthly movement was boosted by faster rises in output and new orders coupled with a growth

    2%