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  1. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    . The headline figure is slightly worse than the 0.4 percent QoQ contraction in the flash estimates released... in Q4 2015. Today’s figure for Q1 is slightly higher than the -1.3 percent released in flash estimates... reflects a nosedive in disposable income by more than 30 percent. This is attributed to a sharp rise

    26%

  2. Greek teens less likely to smoke, get drunk than European peers but gamble more
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    drink, and are the most likely to have gambled for money than their peers in Europe. These are some... percent of them more than once, compared to an average of 23 and five percent, respectively. As was the case in Denmark and the Czech Republic, more than 90 percent of teenagers in Greece reported easy

    26%

  3. Opposition senses PM's position on phonetapping becoming weaker
    Photo via https://primeminister.gr

    PoliticsGreek Politics

    the impression among observers that rather than lay the issue to rest, as Mitsotakis would have wanted... weeks, listing more than 100 people who were allegedly targeted by Predator. The opposition sees... of willingness, even among victims, to come forward. Very few of those on the list of more than 100

    26%

  4. Manufacturing grows strongly in Jan, sentiment reaches pre-Covid levels
    Photo via https://flic.kr/p/uwEAar

    EconomyMacroeconomy

    of more than 50 points. S&P notes that the rate of growth in January was the fastest since April 2022... sharpest in two years, slower than only that seen in July 2023. Manufacturers noted that the rise was due..., as output prices rose at a solid pace, sharper than the series trend, despite the softening rate

    26%

  5. More concern for coalition than cheer for SYRIZA in latest poll figures

    PoliticsGreek Politics

    but the poll’s findings should be more of a source of concern for the New Democracy-led government than... popularity, for instance, was at 36 percent in September, which was eight points lower than in May... points more than the vacuous anti-memorandum Independent Greeks. This can hardly be a cause

    26%

  6. Greeks' wages fell more than 10 pct in 2013, IKA data shows
    Photo by MacroPolis

    Society

    Average wages in Greece fell by more than 10 percent in 2013, according to data published... 2013, which was 10.27 percent lower than a year earlier. The daily rate worked out at 54.66 euros. Those working in smaller companies (employing less than 10 people) earn around 60 percent of what

    26%

  7. Greek primary cash surplus more than doubles to 2.45 bln at end of August

    EconomyMacroeconomy

    The Greek general government (gg) primary cash surplus more than doubled year on year (YoY... of clawback and rebate mechanisms for 2013 in the larger healthcare provider (EOPYY) rather than..., the EFSF/ESM/IMF loans stood at 221.11 billion euros corresponding to more than two-thirds of total debt

    26%

  8. Growing hopes that Greek recession will be milder than expected

    Economy

    recession will be milder than the country’s lenders expectations in mid-August. In a positive... (+0.1 percent), more than offsetting a sharp drop in investments (-10.6 percent). The provisional... statements they expect a softer GDP contraction this year. Their predictions for a better-than-expected

    26%

  9. General gov't primary cash surplus more than doubles to 4.14 bln in 2015, arrears ease to 5.4 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus more than doubled to 4.14 billion euros... in the course of 2015 from 3.83 billion at the end of 2014. More than 60 percent of 2015 arrears stemmed... than half of total arrears. Arrears to hospitals increased by 324 million euros to 931 million in 2015

    26%

  10. Budget primary surplus of 1.19 bln in Jan markedly better than target
    Photo by MacroPolis

    EconomyMacroeconomy

    (by 420 million) more than offsetting revenue underperformance of 69 million. The state budget balance... million lower than target. As a result, net revenues rose by 4.7 percent to 3.65 million, almost spot... decreased by 5.3 percent to 3 billion euros, 469 million lower than target. The Finance Ministry noted

    26%