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

    EconomyMacroeconomy

    revenues of 2 billion. The levy substituted a tax imposed only on large properties with annual... house prices of 6.2 percent in 2014, slowing to -2 percent in 2015 and to zero in 2016. Fitch's

    8%

  2. Bookies see clear win for SYRIZA in EU elections but not in local vote

    PoliticsGreek Politics

    , the odds for a SYRIZA win with a 2 percentage point (pp) handicap stand at 1.40 (from 1.42) compared... round, the difference stood at 2 pp with Yiannis Moralis gaining 33.3 percent and Vassilis Michaloliakos

    8%

  3. Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
    Photo by MacroPolis

    Economy

    of 5.1 billion euros, which stems from the budgeted deficit for 2014 (2 billion) and the cost... million euros) of the anticipated deficit of 2 billion for 2014 lies with IKA, Greece’s largest social

    8%

  4. NPLs: The Achilles heel of the Greek banking system

    Agora

    of that posted by the Bank of Greece, while the trend is also the opposite with EC showing a 2 pp... by the EC at 24 percent, 1 pp lower than that in 2012. The BoG figure stands 2 pp higher and indicates

    8%

  5. Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    the electricity bills) in autumn 2011, which raised revenues of 2 billion per annum. Effective from July..., incorporated in last Greek banks’ stress tests assumptions, foresee a 6.2 percent decline in 2014 and 2

    8%

  6. S&P upgrades Greece one notch to B, sees growth in 2015

    Economy

    ’ on August 2 and of Fitch by one notch to ‘B’ on May 23. Moody’s rating stands two notches lower than... of 2 percent of GDP in the next three years, which is less than half the 4.5 percent target

    8%

  7. Primary surplus inches up to 2.9 pct in Greece's 2015 draft budget
    Photo by MacroPolis

    Economy

    execution in 2014. The 8-month budget primary surplus stood close to 2 billion euros, outperforming... with To Vima, Staikouras said that under current estimates 2014 primary surplus is estimated at 2

    8%

  8. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    , the MoF anticipates the primary surplus will reach 3.6 billion euros (2 percent of GDP), lower than..., public consumption is seen remaining in negative territory (-2 percent). According to the MoF, domestic

    8%

  9. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    and by a further 2 pp in 2015. The IMF expects the current account (C/A) balance to remain positive albeit... forecasts stand up to 2 pp lower than in April, at 152 percent in 2017 and 135.3 percent in 2019. On gg

    8%

  10. Tourism helps bring Greek unemployment down to 26.4 pct in July
    Photo by MacroPolis

    EconomyMacroeconomy

    . In contrast, the jobless rate in the 55-64 age group increased by more than 2 percentage points YoY to 17.2... percentage points (pp) in 2014 and by a further 2 pp in 2015. Note that the average jobless rate so

    8%