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  1. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    The Greek general government (gg) primary cash surplus amounted to 1.22 billion euros in the 5-month period from a deficit of 1.62 billion in the corresponding period last year, according to the gg bulletin released by the Ministry of Finance (MoF). Excluding payments of previous years’ arrears

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  2. Just 8 percent of Greece's 1.27 mln registered unemployed receive benefits
    Photo by Harry van Versendaal

    Society

    As we have highlighted before, one of the consequences of the Greek crisis often overlooked is that the vast majority of the country’s unemployed do not receive benefits as they would in many European Union countries. In a report on Monday, Ta Nea newspaper visited this story and found

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  3. Industrial production rises again in May, by 1.8 pct, after two months of decline

    EconomyMacroeconomy

    The Greek Industrial Production Index (IPI) rose 1.8 percent in May, following drops of 2.1 and 2.3 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This is the third positive reading in 2014 and the sixth in the last 17 months. Production in three

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  4. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    announcement just notes that “international investors showed their confidence in the Greek economy

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  5. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    on Wednesday it was reportedly agreed that Greek authorities will present a comprehensive solution

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  6. Most Greeks saw income fall over last year, limiting purchasing power
    Photo by MacroPolis

    Society

    The results of a survey by the Labour Institute (INE) of the General Confederation of Greek Workers (GSEE), which was published on July 17, highlighted how salary earners’ purchasing power has been limited. The survey, conducted in cooperation with Alco over a sample of 1,100 salary-earners

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  7. Coalition reaches compromise on candidate for European Commission

    PoliticsGreek Politics

    back towards the centre ground of Greek politics. In that sense, it might not be a bad thing

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  8. BoG charts how crisis has affected private sector employment

    Economy

    reduction at 22.2 percent. The study concluded that since the beginning of the Greek crisis until December

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  9. End of troika in Greece would create new challenges for coalition

    PoliticsGreek Politics

    While reports that the troika may be disbanded in favour of a more European Union Task Force-style body that will monitor Greek reforms in the years to come is likely to be received well by the coalition, such a development would not be without its own challenges. A Reuters report suggested

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

    EconomyMacroeconomy

    , incorporated in last Greek banks’ stress tests assumptions, foresee a 6.2 percent decline in 2014 and 2

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