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  1. Greek budget outperformed targets by 3.9bn euros to August, preliminary figures show

    Economy

    , trimming the year to date figure to 1.4 billion, yet with a significant positive impact on current’s year

    6%

  2. Greek unemployment rose to new high of 27.9 pct in June

    EconomyMacroeconomy

    reduction in the unadjusted rate is attributed to the seasonally high tourism and it is not yet clear

    6%

  3. Honey, I shrunk the Greeks

    Agora

    It was Tuesday the 28th of June 2011. The Greek Parliament was starting a two days session for the debate and vote of the Medium Term Fiscal Strategy – Mesoprothesmo in Greek – and the demonstrators were gathering by the thousands at Syntagma square to protest against yet another austerity package

    6%

  4. Ring of Fire

    Agora

    this decision must be surely tempered by the fact the perpetrators have not yet been brought to justice

    6%

  5. Greek industrialists decry conditions as another major firm moves its HQ abroad

    Economy

    Greece’s industrialists have cited the departure of yet another major firm from the country as evidence that the government is failing to create conditions for growth, despite the coalition claiming that the business environment is improving. Viohalco Hellenic Copper and Aluminum Industry revealed

    6%

  6. Cyprus “success” preludes something bigger in European banking

    Agora

    At first, it looked anything but successful. Both Brussels and Nicosia seemed hopeless, had shot themselves in their feet, steamrollered over taboos, destabilised capital flows - created a mega blunder. Yet the Cyprus Gaffe (or Cyprus Rehearsal, or Cyprus Scare) is successful in having produced one

    6%

  7. Greece on way to 2013 primary surplus as budget outperformed targets by 3.85bn euros to August

    Economy

    , trimming the year to date figure to 1.44 billion, yet with a significant positive impact on current’s

    6%

  8. Credit contraction marginally decelerated to 3.9 pct in August

    EconomyMacroeconomy

    in the household lending sector and negative – yet volatile – corporate lending flow.

    6%

  9. Lest we forget

    Agora

    is now out in the open. The grim story of extremism doesn’t end here, though. Nobody has yet been

    6%

  10. Sharper drop for retail sales in July points to lingering recession

    EconomyMacroeconomy

    Retail sales continued heading south for yet another month with the contraction rate accelerating to 14.2 percent in July from a revised 7.7 percent in June, according to Hellenic Statistical Authority (ELSTAT). A similar drop (14.0 percent) was also evident in retail volumes. The picture remains

    6%