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  1. Almost all services in Greece saw decline in Q3

    EconomyMacroeconomy

    The evolution of the turnover indices for the services sector showed a further worsening in the third quarter (Q3) of 2014 with 12 out of the 14 service activities recording a drop, according... but also recorded strong double-digit growth since Q3 2010, namely legal and accounting services (up 55

    5%

  2. Greek shares rebound after calming comments from PM and finance minister

    Economy

    The Greek stock market rebounded by 4.64 percent on Monday following a drop of 1.6 percent on Friday and cumulative losses of 14.1 percent last week. Prime Minister Alexis Tsipras’s intervention via... strong gains up 9.2 percent, while Alpha and Piraeus rose more moderately by up to 2 percent. From

    5%

  3. Prospect of eurozone deal calms nerves on stock, bond markets

    Economy

    gains to 25.8 percent. Despite the strong performance in the first two sessions of this week, bank... Organisation (OTE) and OPAP posted double-digit gains, +14.9 and +14.1 percent respectively. Following a drop

    5%

  4. Car sales soar by 47.2 pct in April for 20th straight monthly rise
    Photo by MacroPolis

    EconomyMacroeconomy

    still stands 70 percent below the 2008 number of 347,354 and mainly reflects a sharp drop by more than 30 percent per annum in the 2010-2012 period. Market sources attributed the strong rebound

    5%

  5. Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

    EconomyMacroeconomy

    Greek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT). February’s is the first positive figure... recording strong growth of 40.7 and 27.6 percent respectively. In contrast, the highest nosedive

    5%

  6. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , which is significantly lower than the previous estimate of 6.8 percent. However, a strong rebound... falling by 1.4 percent, similar to the drop posted in 2014. Marginal inflation of 0.3 percent

    5%

  7. Athens Stock Exchange ends week on a low, banks lose 9.7 pct

    Economy

    percent). In contrast, the highest drop was recorded by: Eurobank (-15.1 percent), OPAP (-12.9 percent... of 3 million in Q1 from losses of 4 million last year on the back of a strong rise in revenues

    5%

  8. Greek stocks rise by 16 pct during week on hopes of deal in Brussels

    Economy

    that was followed by a 6.6 percent drop on Wednesday and a rebound by 7.5 percent on Friday... was particularly strong in the first two sessions with the turnover above the 135-million -euro mark in each

    5%

  9. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    strong assumptions about labor market dynamics and structural reforms, while debt to GDP ratio would... stable and below the 15 percent threshold over the next three decades. However, the drop in the debt

    5%

  10. Unpaid taxes edge up by 656 mln in June for slowest monthly rise in 2015

    EconomyMacroeconomy

    percent drop on the average figure of 1.15 billion for 2014. GSIS data also showed that the effective... million. This means that this indicator is proportionally above target, mainly reflecting a strong

    5%