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Greek industry's turnover index on the slide again in August after previous rises
Economy). The August figure is the fifth negative reading this year and the 14th over the past 20 months.... “The headline PMI in September posted its lowest reading in almost a year,” said Markit analysts..., which was somewhat disappointing given the progress seen in the first half of the year.”
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Significant rises for Greek economic sentiment, consumer confidence in October
EconomyMacroeconomyreading above the 100-point mark in 2014 and the third highest for this year. Economic sentiment peaked at 104.1 in June and has dropped by almost 2 points since then. Nevertheless, the year to date... posted at the end of last year. Following a record low of 74.8 in March 2009, economic sentiment
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Newsletter 2 - 07/11/2014
that the International Monetary Fund’s role from the end of the year is under discussion. Bank of Greece Governor Yannis... is hoping for a fiscal outperformance this year, there are still concerns related to revenue gathering... in negotiations about closer ties on a range of issues since last year. Their foreign ministers met
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Troika piles pressure on coalition by insisting on key actions to conclude review
PoliticsGreek Politicsto complete range from finding ways to cover next year’s fiscal gap to ensuring the independence of its... at the end of the year - Granting more independence to the general secretariat for revenues - Increase... is in place by the end of the year. Taking into account the relative inaction at a government and public
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The politics of debt dynamics in Greece
Agorais slightly lower (see below). In both cases, the forecast volume for this year would again surpass... for an economic recovery reaching 0.6 percent this year and a rate of growth of 2.9 percent in 2015... to achieve a primary surplus (before interest payments) in its central budget every year, preferably
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Greek banks' Eurosystem funding rises by 1.28 bln in October after five-month fall
EconomyMacroeconomythe upward movement in October, the year to date drop in Eurosystem funding reached 29.16 billion... this year was mainly evident after their capital increases of 8.3 billion euros and is also attributed... issues worth 2.25 billion. Since the beginning of the year, the deposit flow was rather limited
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Apartment prices fall at slower rate of 7 pct in Q3
EconomyMacroeconomyslowed to -6.1 percent year on year (YoY) in Q3 from -61 percent in the preceding quarter. Similarly... of 75 percent in the 5-year period until 2013. This year’s evolution shows a further decrease by 18.6
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Tsipras bolsters ties with Europe’s rising leftists but also looks beyond
PoliticsGreek Politicsto foreign parties is part of the process that began last year, which is aimed at showing he can handle... this year. It should also be noted that among left-wing parties, SYRIZA secured the biggest... Fund representatives and others since last year, Tsipras is certain to continue such talks to boost
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Court ruling on property tax levels could hurt future revenues
EconomyMacroeconomy- close to the recorded drop in market prices - would create a revenue shortfall of 800 million next year... euros. The MoF hopes to collect a total of 1.8 billion by the end of the year and more than 2.65... to mitigate the anticipated revenue shortfall next year. In the previous two court rulings
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The institutional weakness poisoning Greek politics
Agoraare published online each year but in reality they are just a catalogue of each member’s assets rather than.... The pothen esches forms submitted by MPs each year are checked by certified public accountants but nobody... an offshore firm that appeared on his records one year and not the next. Also, nobody thought
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