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  1. EU funds and limited expenditure drive primary budget surplus to 2 bln in Feb
    Photo by MacroPolis

    Economy

    . The release of the February final budget execution came a few days after the Greek government and the troika clinched an agreement on all the key aspects of the drawn-out review of the Greek adjustment

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  2. Greece's ultimate sacrifice for stability
    Photo by Harry van Versendaal

    Agora

    . This is not a problem limited to one man but has to do with an overall perception of Greek democracy... epitomises why Greek institutions lack fairness, transparency and efficiency. This, in turn, raises doubts

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  3. Another big drop for building activity, which fell by 35.3 pct in January
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    Greek building activity (as measured by the number of building permits) continued heading south in January retreating by 35.3 percent, following a 29.6 percent drop in December, according... activity sector has been one of the most prominent in the Greek economy during the crisis. The number

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  4. Credit contracts by 4.1 pct in March, loans down by 3.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    The year on year (YoY) credit contraction in the Greek market slightly accelerated to 4.1 percent in March from 4 percent in the preceding two months, with balances reaching 215.88 billion euros... in 2014. Such a development represents the single key negative risk factor that could erode Greek banks

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  5. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    scenario of Greek banks’ recent stress tests conducted by the BoG assumed a further drop in residential... projection for 2014 is similar to that of the BoG. This means that the negative impact on the Greek

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  6. PASOK's future hangs in balance as Greece prepares for EU vote
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    in Greek politics, PASOK could emerge from the European Parliament and local vote with irreparable damage... be factored in when assessing the state of Greek politics. This is a double-edged sword because SYRIZA

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  7. Five things to watch for in today's elections in Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    ballot as Greek voters’ judgement on whether the coalition can continue in office or whether SYRIZA... by journalist Stavros Theodorakis earlier this year, To Potami (The River) is a new phenomenon in Greek

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  8. As Bank of Greece lines up Stournaras to take over, it reveals how risky things got during crisis

    EconomyMacroeconomy

    the banking system most likely relate to cash Greek citizens chose to keep in bank vaults, safety... billion euros have returned to Greek banks, while additional inflows of 2.2 billion were recorded

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  9. Samaras shoots, Samaras scores!
    Photo by MacroPolis

    Agora

    that also saw them through the game with Ivory Coast. At a time when Greek society is so deeply divided...) hope than the stream of promises and proclamations uttered by Greek politicians of all colours during

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  10. Credit contracts by 3.5 pct in June, balances at 214.81 bln

    EconomyMacroeconomy

    Credit in the Greek market contracted by 3.5 percent in June, unchanged from the previous month and with balances slightly increasing to 214.81 billion euros, according to the Bank of Greece (BoG... this month it was reportedly agreed that Greek authorities will present a comprehensive solution

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