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  1. Manufacturing PMI reached four-year high of 49.6 pts in December

    EconomyMacroeconomy

    to November, yet the rate of decline in outstanding business was slightly faster than in the previous

    7%
  2. Deposits edged up in Nov but credit contraction was close to 4 pct

    EconomyMacroeconomy

    as of 2014 in line with GDP recovery, yet at low single-digit levels for the next couple of years.

    7%
  3. State arrears to Nov fell to 5.86 bln but 1.96 bln of new debts created in 2013

    EconomyMacroeconomy

    (EAP). The MoF also unveiled that obligations yet to be settled (most likely new arrears generated

    7%
  4. A macroeconomic assessment of the Cypriot economy after the haircut
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    , under plausible non-homothetic preferences, suggests yet another channel via which downward pressure

    7%
  5. It's not the distance; it's the load you carry
    Photo by Harry van Versendaal

    Agora

    to be sealed, yet the fiscal gap is still seen at 1.2 billion at least. In an unexpected development

    7%
  6. Off the isles of Greece
    Photo by Harry van Versendaal

    Agora

    of shame for Greek officials. Yet, when faced with concern about the circumstances in which 12 people

    7%
  7. Troika inquiry: talk to the organ grinder, not the monkey

    Agora

    , which pushed up prices and strangled export sectors. Growing trade deficits were plugged by yet more

    7%
  8. Buying time: The delayed crisis of democratic capitalism - a review
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Agora

    are financial institutions. A trickle-down effect has yet to be registered beyond banks. None

    7%
  9. Building activity up by 36.2 pct in Nov as rebound continues

    EconomyMacroeconomy

    heading south, yet at a decelerating pace. In particular, the 12-month trailing average indicates

    7%
  10. Goalposts shift as European elections near and SYRIZA cements lead

    PoliticsGreek Politics

    yet to show how this cooperation has been received by voters. It is probable that Greece’s 21 seats

    7%