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  1. Of symmetry and adjustments in the eurozone

    Agora

    ), but the core surplus actually increased, to 7 percent. It is undeniable that the adjustment, reflecting... back to figure 1, the adjustment of peripheral countries, and the continuing surpluses of the core

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  2. Unemployment rate inched up again in Sept to 27.4 pct
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    in the foreseeable future. In the 2014 budget which was voted in Parliament on December 7, the Finance Ministry... the headline rate of 27 percent in 2013 also easing by 1 percentage point in 2014. OECD projects

    12%
  3. Golden Dawn faces more legal action but is on course for strong election showing

    PoliticsGreek Politics

    offices in northern Athens on November 1. Recent polls show support for the party ranging between 7

    12%
  4. Greek Parliament's budget office questions primary surplus sustainability
    Photo by MacroPolis

    EconomyMacroeconomy

    include: 1) tourism, alternative sources of tourism, agricultural and fishing tourism, 2) education... and 7) Mediterranean nutrition. The PBO suggests the government should prepare a comprehensive programme

    12%
  5. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    timetable is subject to the approval of the next sub-tranche of 1 billion euros by the upcoming Eurogroup on July 7. The release of the next instalment is expected to be approved as Greece has completed

    12%
  6. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    to corporate loans above 1 million euros, where the rate nosedived by 107 bps after a similar hike in April... for the fifth consecutive month a modest rise of 7 bps to 3.81 percent. On the loan rate outlook

    12%
  7. ECB plans for ABS, covered bonds purchases leaves doubts for Greek banks
    Photo by MacroPolis

    Economy

    at the low end slightly above 1 billion. Overall, Greek banks have an existing pool of securitized loans... billion, while Alpha and Piraeus figures are between 7 and 7.5 billion each. Taking into account

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  8. Here's what's in the 2015 draft budget the Greek government has just unveiled

    EconomyMacroeconomy

    in 2014, the draft budget indicates that Greece plans to proceed to issues of 7- and 10-year bond... as of July 1, 2014), a positive carry-over effect from GDP evolution in the second half of 2014

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  9. Greek economic contraction during crisis higher at 24.6 pct, revised data shows
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    (from -7 percent). However, the economic downturn was more severe in the preceding three years, at -8.9... with up to 1 percentage point revision from previous estimates

    12%
  10. What does a bailout exit with a precautionary credit line mean for Greece?
    Photo by MacroPolis

    EconomyProgramme

    accompany the new agreement: 1) Social security fund consolidation, alignment of retirement criteria... and modernisation of the National Healthcare System. 7) Application of a new payroll in the public

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