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  1. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    and was the last sub-2 percent reading. After a short-lived net addition of 430 million euros in June, lending flow turned negative in July with net deductions at 607.4 million, which is the second highest reading so far this year. July flow stems from household and corporate lending net deductions of 382

    13%

  2. What lies at the heart of differences over Greek banks' capital needs?
    Photo by MacroPolis

    Economy

    to be serviced and the anticipated future net interest income incorporated in banks’ business plans... that banks are relying on the media for clues regarding the stress test results, which put capital needs

    13%

  3. ‘We’re dying to pay our taxes’
    Photo by MacroPolis

    Agora

    . After that, the unemployed are left to their own devices. Effectively, there is no social safety net..., that ending up in tax arrears could see you put out on the street, will ensure that most homeowners

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  4. Public admin shrinks by 11 pct during crisis, share of employment stays below EU average
    Photo by MacroPolis

    Society

    responsible for core government functions. Eurofound observed that over 800,000 net jobs were lost..., up from 26.4 six years previously. That put Greece behind the EU average for employment in called

    13%

  5. Referendum call finds Greek banks teetering on the edge
    Photo by MacroPolis

    Economy

    on the proposals put forward by the institutions. Right after that, depositors started to withdraw cash... amount stood at 45.2 billion at the end of May. The recent net increase of more than 15 billion euros

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  6. The key numbers behind the latest Greek proposals

    EconomyProgramme

    The latest Greek government proposal sent to the institutions on Thursday evening did not put detailed numbers next to most of measures and reforms. However, based on previous proposals, we outline... will target net revenue gains of 1 percent of GDP on an annual basis, which is similar to institutions

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  7. Newsletter 58 - 15/01/2016

    Newsletters

    and Grandma provide the safety net for a large amount of families. These are all reasons for pension reform... contributions. The plan put forward by the government, and currently being examined by the institutions, does

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  8. SYRIZA's long, slow march
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    Agora

    are used to plug a lot of holes in Greek society: Granddad and Grandma provide the safety net... replacement rates), while also raising social security contributions. The plan put forward

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  9. Clock ticks on bailout review but big gaps remain between Greece, lenders

    EconomyProgramme

    in their contributions, which will be linked to their net income. Although Labour Minister Giorgos... that put the fiscal outcome of this year at risk. The first set of measures includes: a) imposition

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  10. Newsletter 66 - 11/03/2016

    Newsletters

    billion, Piraeus Bank on Wednesday reported a net loss of 1.24 billion in the fourth quarter (Q4). Pre... the potential it could fail, leaving Greece alone and holding its head. The plan put on the table... of sending back asylum seekers en masse to Turkey, a country that neither properly recognises them

    13%