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  1. Greek industrial turnover posts rise of 1.8 pct in September after earlier drop

    EconomyMacroeconomy

    figures have been revised with 2010 (from 2005 previously) as the base year. September’s figure... months has decreased by 3.6 percent. The evolution of September’s industrial turnover reflects... (down 16.4 percent). Τhe Markit’s Manufacturing PMI slightly improved by 0.4 points to 48.8 in October

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  2. Greek current account surplus up to 1.6 bln in September after fourth straight rise

    EconomyMacroeconomy

    in the current transfer’s surplus (by 854 million) and an increase in the trade deficit (by 698 million...’s direct investment in Greece in September, as was the case in August. As a result, the respective... abroad mitigated by an increase in non-resident’s investment in Greek stocks. BoG figures also showed

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  3. Greek GDP up 0.7 pct in Q3 for third straight quarter of growth
    Photo by MacroPolis

    EconomyMacroeconomy

    ’ investment abroad mitigated by an increase in non-resident’s investment in Greek stocks. The Commission...’s performance primarily reflects a double-digit growth in exports of services by 16.4 percent YoY.... Today’s GDP figures indicate that the official target of 0.6 percent for 2014 will most likely

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  4. Greece moves closer to troika over fiscal gap, waits for response
    Photo by MacroPolis

    EconomyProgramme

    for international tourist arrivals to 23 million in 2014, implying a rise of 15 percent on last year’s figure... point to a stronger performance of the tourism sector in 2015. The troika’s requests also included...) Stricter income criteria for granting the pensioner’s social solidarity allowance (EKAS

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  5. Two more parties prepare to step onto overcrowded Greek political stage
    Photo by MacroPolis

    PoliticsGreek Politics

    spokesman Ilias Kasidiaris emerged. Baltakos was one of Prime Minister Antonis Samaras’s closest..., independent MP Vassilis Kapernaros (ex-Independent Greeks) would join his group. Given Baltakos’s low... Democracy formed a government with PASOK in June 2012. Baltakos’s party could be a vehicle for reopening

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  6. 2014 is not 2012
    Photo by MacroPolis

    Agora

    of the euro, if he did not agree to a bail-in. The euro area’s central bank turned from the monetary... banks and access to ECB liquidity is coming up again due to the bank’s position that without... that circumstances relating to the country’s banking system today are different than they were a few years

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  7. Eurogroup agrees two-month extension for Greek bailout but political developments to dominate

    EconomyProgramme

    of February the period Greece had to clinch an agreement with its lenders. The troika’s technical... for the necessary arrangements to be concluded before the end of the year. The Eurogroup’s statement on Greece... Antonis Samaras may address the public on Tuesday and announce the name of the government’s

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  8. Greek tax revenues at 33.5 pct of GDP in 2013, slightly below OECD average
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s total tax revenues as a percentage of GDP remained virtually unchanged at 33.5 percent... percent in 2012 remaining above the OECD average of 19.5 percent. Greece’s standard VAT rate of 23... measure of a country’s ability to secure effectively the potential tax base for VAT. The ratio measures

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  9. Talk of negative impact from political risk sees tightening of Greek polls
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    flowed back into the country since the 2012 elections. Stournaras’s comments, which by his own admission.... The comment is an indication of SYRIZA’s relative inexperience of high pressure politics and its... TV’s Anatropi programme gave SYRIZA a wider leader over New Democracy. GPO poll for @AnatropiMegaTV

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  10. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . Following October’s weaker performance, the aggregate figures for the 10-month period showed travel... to 11.3 billion, corresponding to an increase by more than 1 billion compared to last year’s figure... increase on the last year’s figure of 20 million. A similar growth rate is anticipated for revenues, which

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