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  1. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    seventeen months (since the beginning of 2014). In addition, the trailing index of industrial... smoothed the 12-month trailing rate. The decrease by 4.2 percent in May reflects a drop in manufacturing

    2%

  2. Building activity up again in May but with smaller rise of 1.9 pct

    EconomyMacroeconomy

    the trailing twelve months still points to a drop of 7.9 percent in permits entirely due to the negative trends that prevailed throughout last year. Similarly, the trailing index for surface displays

    2%

  3. Building permits shoot up by 14.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    building permits figures for the trailing 12 months as well as for the year to date evolution. Based.... However, the run rate over the trailing twelve months displays a downward trend due to the negative rates

    2%

  4. Major fall of 31.6 pct for building activity in July

    EconomyMacroeconomy

    until June, ELSTAT refrains from providing the total building permits figures for the trailing 12..., the run rate over the trailing twelve months shows a drop of 8.2 percent in permits, while surface

    2%

  5. Greece's 2014 fiscal gap suddenly appears bigger, much bigger

    Economy

    whether it is viable for Greece’s coalition government, which for the last few months has been... 9.4 billion euros of fiscal measures in 2013, the submitted draft for 2014 includes another sizeable... comment, reports in the Greek media suggested that additional fiscal measures of between 2 and 3

    2%

  6. What's likely to be in the next multi-bill of prior actions Greek MPs will vote on

    EconomyProgramme

    , the government is preparing a second bill with the remaining measures set out in the Euro summit statement on July 12. This legislation has to be passed through Parliament by Wednesday. This bill... of BRRD aims to align the Greek legislation to a set of common measures for EU countries to have

    2%

  7. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    to the new three-year ESM programme is approved. Most of these measures were included in the latest list of prior actions the Greek government has committed and sent to institutions on July 9. These measures involve: 1) Changes in the laws for hirings in the public sector, settlement of tax arrears

    2%

  8. Greek stocks fall 3.7 pct during week on inconclusive discussions with lenders

    Economy

    has been made that could pave the way for discussions on debt sustainability and conclusion... almost agreed on measures worth 3 percent of GDP (5.4 billion) to achieve a primary surplus target of 3.5 percent in 2018. The sticky point at the moment appears to be the contingent measures of 2

    2%

  9. Eurogroup clears 1.1 bln, waits for arrears clearance data to release remaining 1.7 bln

    EconomyProgramme

    the medium-term measures, Dijsselbloem said they will be quantified by the end of the programme in 2018 and that the IMF has to make its own assumptions in the debt sustainability analysis it is expected... in the Greek programme. On debt relief measures, he said that short-term measures will be discussed

    2%

  10. Global deal in April ruled out as labour reforms prove biggest obstacle
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    that if not enough progress has been made until the April 7 Eurogroup, negotiations could be delayed... and Thursday to discuss pension and tax measures as well as the counter-measures. He may also hold... targets beyond 2018 as well as on medium-term debt relief measures, while the Eurogroup President

    2%