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  1. Strengthened Tsipras shows willingness for deal with lenders after "No"

    PoliticsGreek Politics

    to the European Central Bank, on which the Greek government is utterly reliant if it is going to have

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  2. General gov't cash primary surplus to May halves, arrears keep rising

    EconomyMacroeconomy

    amounts taking into account only those that are in fact guaranteed by the Greek state. Thus, May

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  3. Industrial production down by 4 pct in May after three successive rises

    EconomyMacroeconomy

    After rising in the preceding three months, the Greek Industrial Production Index (IPI) fell by 4 percent in May following an upward revised 1 percent growth in April, according to the Hellenic Statistical Authority (ELSTAT). The May headline figure indicates the second negative reading so far

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  4. After marathon in Brussels, short sprints for Tsipras in Athens
    Photo by MacroPolis

    PoliticsGreek Politics

    After his marathon in Brussels, Greek Prime Minister Alexis Tsipras now has a series of short sprints to run in Athens as he tries to swiftly pass the legislation demanded by lenders, while ensuring that his government can continue functioning. Draft legislation introducing four sets of reform

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  5. This is what's in the legislation Greece has to approve by Wednesday night

    EconomyProgramme

    percent, higher than the latest Greek and institutions’ proposal calling for an increase to 28 percent

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  6. Tsipras suffers serious knocks in prior actions vote but emerges on his feet
    Photo by MacroPolis

    PoliticsGreek Politics

    Greek Parliament approved early on Thursday the first set of prior actions demanded by the country’s lenders but almost 40 SYRIZA MPs failed to support the measures, leaving Prime Minister Alexis... leads the Left Platform (which voted en masse against the bill), said after the vote that he

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  7. What this week's VAT changes mean for household budgets and public coffers
    Photo by MacroPolis

    EconomyProgramme

    The first draft bill with prior actions that was voted in the Greek parliament early on Thursday included a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while a reduced rate of 13 percent and a super-reduced of 6 percent (from 6.5 percent before) were also applied

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  8. Disposable income up by 2.6 pct in Q1 for highest reading since 2009

    EconomyMacroeconomy

    Greek household disposable income rose for the third successive quarter in Q1 of 2015, when it increased by 2.6 percent, which is faster than the 1.4 percent rise posted in Q4 2014, according to the Hellenic Statistical Authority (ELSTAT). The growth rate in Q1 is the highest positive reading over

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  9. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    Greece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published Foundation for Economic and Industrial Research (IOBE). Commenting on the recent agreement

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  10. Total health spending down to 8.65 pct of GDP as public healthcare sees big drop

    Society

    ” of Greek health spending data with that of other countries. The revised data shows that total

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