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  1. Retail sales down by 4 pct in August for third straight fall
    Photo by MacroPolis

    EconomyMacroeconomy

    to a decrease in retails sales by 4.6 percent year on year (YoY) in August and a rise by 3.9 percent

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  2. Cabinet act firms up details of CoCos issuance by Greek banks
    Bank of Greece

    Economy

    of 7 percent increasing by 0.5 percentage points per annum up to 9.5 percent on the fifth year. Note... not to pay dividend to common shareholders for that year. In such a case, the coupon interest is cancelled

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  3. EC sees milder Greek recession in 2015, debt ratio to climb to 200 pct in 2016
    Photo by Stuart Chalmers via Flickr https://flic.kr/p/49JB98

    Economy

    next year. The latter would be largely supported by an improvement in confidence, re-launching... is seen increasing as of next year in line with the domestic economic recovery. The report identifies

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  4. Trade deficit falls by markedly accelerating pace of 24.2 pct in Sept

    EconomyMacroeconomy

    is the seventh negative reading and the third biggest decline in the course of this year so far. In absolute... but the September reading represented the biggest decline year to date. The absolute figures showed

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  5. Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
    Photo by MacroPolis

    Economy

    and called for a recession of 1.4 percent this year. However, the EC and OECD projections for 2016 of 1.3... of the fiscal adjustment falls in 2016, with measures of 4.3 billion next year from 2 billion in 2015

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  6. Eurosystem funding down by 2 bln in Oct for fourth straight fall

    EconomyMacroeconomy

    is its lowest level since May. The peak this year came in June at 126.57 billion. Unlike... year to date. BoG data also displayed that banknotes in circulation eased for the second successive

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  7. Greek stocks edge up in week of big losses for banks

    Economy

    from 64.1 million last year, while net profits reached 33.7 million from losses of 16.9 million a year ago. Next week, Hellenic Exchanges and Jumbo release their Q3 results on November 23, OPAP

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  8. EU-Turkey refugee agreement: A life saver or a dud?
    Photo by MacroPolis

    Agora

    An average of around 2,200 refugees and migrants have arrived on the shores of Greece’s eastern Aegean islands every day this year. Before being piled into rubber dinghies and other unsuitable... would be Greece, which has seen around 730,000 arrivals so far this year, according to the UNHCR

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  9. Greek teachers low paid, but work shorter hours in smaller classes
    Photo by srgpicker via Flickr https://flic.kr/p/3zZRnQ

    Society

    teachers teach an average of 772 hours per year in OECD countries, the teaching time is 569 hours... lower secondary schools averages 694 hours per year, but ranges from 415 hours in Greece to over

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  10. Greece a gateway and scapegoat in EU's refugee crisis
    Photo by MacroPolis

    Agora

    by 30,000 places (with another 20,000 spots via rent subsidies) by the end of the year, when... Greece each year. Almost 770,000 people have arrived in Greece during 2015. If the government were

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