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  1. Greek C/A deficit to July narrowed to just 156 mln with boost from tourism

    EconomyMacroeconomy

    ) on higher travel spending by non-residents. The strong monthly performance led the C/A deficit to July... is attributed to a drop in the trade deficit by 23.6 percent to 9.8 billion, mainly due to a decline... as well as higher general government net transfer receipts from the EU. The largely expected strong

    6%

  2. C/A surplus for fifth straight month in Sept, up to 2.55 billion euros for year

    EconomyMacroeconomy

    . The strong monthly performance led year-to-date C/A surplus year to widen at 2.55 billion at the end...-month period of this year is attributed to: a) a drop in the trade deficit by 17.6 percent to 12.89... of 1.5 billion. The already evident strong tourism season led travel spending by non-residents up

    6%

  3. Down but not out: Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of them voted for Golden Dawn because they wanted someone big and strong to stand up to the political..., Golden Dawn saw its power drop by about two percent. Interestingly, the decline stopped as party... the neighbourhoods as strongholds to build a strong social network and at the same time bolster its

    6%

  4. European Commission review of Greek programme: The key points

    EconomyProgramme

    conditions and a strong fiscal performance in 2013. For 2015 onwards, the EC notes it is essential... sustainability After peaking at 177 percent of GDP in 2014, debt to GDP ratio is expected to gradually drop.... Tourism is likely to register another strong year, while the recent negative impact from transportation

    6%

  5. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    in May, beating the 5-month target by 142 million from a shortfall of 620 million to April. Strong... drop of T-Bill yields within 2014. Following a reduction by just 23 bps in 2013, the yield... was a 4-year 500-million note with an annual fixed coupon of 4.25 percent. Strong investor interest for Greek

    6%

  6. Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief

    EconomyBanking

    according to the fund’s Q1 2014 financial statements. The drop of the value of HFSF shareholdings... merger, preferring there to be four strong pillars in the local banking system even though the HFSF... to this year’s issue price, “which is a strong indication that the transaction was carried out

    6%

  7. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    improvement compared to the 6-month underlying growth rate of 1.6 percent and is attributed to the strong...’ contribution to ESM - the underlying figure showed a single-digit drop of 6.1 percent to 28 billion... to the exceptionally strong PIB surplus of 1.86 billion posted in July 2013, while PIB posted a deficit

    6%

  8. Tourist arrivals up 23.5 pct in October as 2014 overall target rises to 23 mln
    Photo by MacroPolis

    Economy

    the strong growth figures, SETE highlights two encouraging trends of the evolution of this year’s... period. The deviation is attributed to a drop in the travel spending per tip by 8.6 percent to 617..., mainly led by strong tourism.

    6%

  9. Greek travel receipts continued upward course in October, rising by 4.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    . In contrast, the drop in arrivals from Russia accelerated to -45.6 percent in October from -17.2 percent... to 20.83 million. Nevertheless, that strong performance was counterbalanced by a 9 percent fall... are seen at 14 billion for 2014. Although all current indications point to another strong tourism

    6%

  10. Relief at Greek extension approval evident in Athens bourse, bond yields

    Economy

    at 937.96. Following Tuesday’s strong performance, Greek shares now record gains of 11.6 percent in the post... session and reached 253 million, suggesting that the strong market rebound was also supported... where there was a sharp drop of the Greek government bond (GGB) yields particularly in the short

    6%