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  1. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    . Moody’s rating stands 3 notches lower than that of S&P and 4 notches below Fitch. Fitch notes... in the next quarters. The next rating actions are scheduled for August 1 by Moody’s, September 12

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  2. Five things to watch for in today's elections in Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    in Greece. Its margin of victory in the EU elections has ranged between around 1 and just over 4... of more than 3 percentage points and support running in the high 20s would be considered a major

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  3. Unemployment rate edges down for sixth straight month to 26.8 pct in March

    EconomyMacroeconomy

    the past 5 years is more pronounced (3 or 4 times higher) but this also reflects a lower base effect... in the headline figure by at least 1 percentage point (pp) to around 26 percent in 2014.

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  4. Are things looking up for Greece's privatisation programme?

    Economy

    as of October 1, 2009) for the use and exploitation of OLP’s Piers II and III. The same announcement also... 24.2 billion previously. The target for 2015 stands at 2.2 billion euros and in excess of 3 billion

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  5. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    investment, April net inflow stood at 5.3 billion following an inflow of 3 billion recorded in March... for 2014 C/A surplus from 2 percent to 1 percent. The slight increase to last year’s figure of 0.7

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  6. Ιnterest in exercising Alpha's warrants remains rather limited
    Photo by MacroPolis

    EconomyBanking

    ) with an interest rate of 3 percent increasing by 1 percent per annum. Thus, HFSF potential capital gains

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  7. Greek union data suggest workers get paid late or in kind

    Society

    but every three months. About 1.2 million workers are paid with a 3 to 12-month delay. In other cases.... Almost 1 million workers are not paid the summer holiday bonus (equivalent to half a monthly salary

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  8. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    -profit institutions slipped 3 percent in April with balances landing marginally below... 1 percent remaining the only sector posting a non-negative growth for the eighth month in a row

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

    EconomyMacroeconomy

    euros, meaning that the gg deficit has widened by around 1 billion in May, mainly reflecting state...-term loans. The change in debt securities reflects the 5-year bond issue of 3 billion in April

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  10. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    steeper (3 or 4 times higher) cumulative rate of increase since 2009. As already evident in the historical... of the country’s population recorded an unemployment rate of 28.1 percent, almost 1 percent point above

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