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  1. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    to 6 percent. The average euro-area rate on corporate loans over 1 million euros stands almost 4

    12%

  2. Tax chief's departure brings coalition revenue plans under scrutiny
    Photo by MacroPolis

    PoliticsGreek Politics

    δεν λειτουργούν αξιόπιστα. — Philippos Sachinidis (@philsachinidis) June 6, 2014 It will also bring

    12%

  3. May sees 48.7 pct rise in number of new cars in circulation

    EconomyMacroeconomy

    institutions point to a slowdown of private consumption to -1.8 percent in 2014 from the 6 percent drop

    12%

  4. Retail sales up 3.9 pct in April for first positive YoY reading since 2010

    EconomyMacroeconomy

    to -1.8 percent in 2014 from -6 percent in 2013. This follows a cumulative dive of 28 percent since

    12%

  5. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    euros (down by 19 bps to 6.49 percent). In addition, the consumer loan rate eased by 6 bps to 14.80

    12%

  6. Drop ‘til you shop
    Photo by MacroPolis

    Agora

    , though, the Greek experience appears to be different. Only 6 percent of 227 retail stores in Athens

    12%

  7. EU Task Force sees progress on reforms and structural funds in Greece

    EconomyProgramme

    for clearance and cost reductions of 20 – 50 percent in the past 6 months. In addition, the Greek authorities

    12%

  8. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    at 20 billion euros. On March 6, the BoG unveiled Greek banks’ capital needs at 6.4 billion euro

    12%

  9. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    on outstanding volumes posted a drop of 6 bps to 3.75 percent, after increasing in the preceding five

    12%

  10. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    contracting by 9.3 percent in 2012 and 6 percent last year. It represents 75 percent of Greece’s GDP

    12%