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  1. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    of 5 percent is anticipated for 2016 albeit lower than the 7.7 percent previously forecasted. The OECD

    7%

  2. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    euros. At the same time, interest payments rose by 7.7 percent to 2.91 billion, in line with target

    7%

  3. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    and paying down short-term borrowing (7.7 billion). Summing up, gross funding needs could reach 61.7

    7%

  4. Primary surplus 3.1 bln above target in H1 on severe underspend

    EconomyMacroeconomy

    by 42 percent in June leading the 6-month figure up 7.7 percent to 3.61 billion, 57 million better

    7%

  5. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    involve: 1) SMP and ANFA income totaling 7.7 billion euros until July 2018. It is noteworthy

    7%

  6. Wages index drops in Q2 to its lowest level since 2001

    EconomyMacroeconomy

    recorded in Q1. Compared to the previous quarter, it displays a rebound by 7.7 percent, yet this mainly

    7%

  7. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    indicates the highest monthly reading so far this year. The absolute figure reached 5.74 billion, up 7.7

    7%

  8. Hotel guest numbers up 8.7 percent in 2014

    Economy

    of nights), France (7.7 percent of arrivals and 6.6 percent of nights), Italy (5.5 percent of arrivals

    7%

  9. Retail sales nosedive by 8.7 pct in July amid capital controls

    EconomyMacroeconomy

    (MoM) showed a fall in retail sales by 7.7 percent mainly driven by retail sale not in stores

    7%

  10. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    noted that excluding oil and ships, exports rose by 7.7 percent, while the respective imports did

    7%