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  1. Unemployment hit new high of 27.8 pct in October, set to rise further

    EconomyMacroeconomy

    million after recording declines in August and September. Greece currently has less than 3.6 million... percent. Attica, including Athens, has a jobless rate of 28.3 percent. The picture of Greece’s labour

    2%

  2. Drop in industrial production accelerated in November with 6.1 pct decline

    EconomyMacroeconomy

    the 12-month moving average decrease of 3.7 percent. There has been high volatility in monthly... readings showed a mid-single digit drop. IPI has only had only four positive year on year (yoy) readings

    2%

  3. Sales season pushes November retail volume to growth for the first time since March 2010

    Economy

    in domestic consumption. In an effort to support struggling retail sales, the government has legislated... will prove whether November was an exceptional month or signalled that the retail nosedive has

    2%

  4. Troika inquiry: talk to the organ grinder, not the monkey

    Agora

    macroeconomic policies should the eurozone as a whole adopt if the periphery has to swallow austerity... familiar to emerging economies in Asia and Latin America. Europe has seen it before too, on the eve

    2%

  5. C/A surplus of 0.7 pct of GDP in 2013 is Greece's first for decades
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    and a 2.3 percent increase in export receipts. Note that the exports growth has turned negative..., the extension of the tourist period beyond August has had an incrementally positive contribution on the rest

    2%

  6. Should Greece really ask for a debt haircut?

    Agora

    is that it has reached terrifying proportions. In the third quarter of 2013 it reached 171.8 percent of GDP... that even the second master is not satisfied, leading to a further destabilisation of a government that has

    2%

  7. Bank of Greece publishes bank stress test results, which see capital needs at 6.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    . The BoG has asked Greek banks to submit at the latest by mid-April their capital enhancement plans and relevant timeline for covering the anticipated capital needs. In this respect, Piraeus Bank has just

    2%

  8. Greece agrees with troika, looks to tranche release and redistribution of surplus
    Photo by MacroPolis

    PoliticsGreek Politics

    due on March 21 by S&P and on April 4 by Moody’s. The coalition has made it clear it wants to issue..., the agreement with the troika has come at an opportune moment for the New Democracy-PASOK coalition

    2%

  9. Greece poised to build on investor sentiment with return to bond markets

    Economy

    The Greek government has emerged from this week’s Eurogroup and Ecofin with renewed confidence about the country’s economic prospects and buoyed enough to consider an imminent return to bond markets..., Finance Minister Yannis Stournaras told reporters “Greece has not just changed page or chapter

    2%

  10. Greek retail index dropped 4.3 pct in January

    EconomyMacroeconomy

    25 percent of GDP, disposable income has shrunk by 32 percent over the same period. This brought private consumption down by 28 percent. Retail turnover has consistently headed south since June 2010

    2%