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  1. General government bottom line continues to improve with moderate decrease in arrears

    EconomyMacroeconomy

    governments at 757 million (12 percent), while state budget and extrabudgetary funds’ arrears along.... The government is expected to repay arrears of 7 billion by the end of the year, 1 billion lower than the initial

    6%
  2. Apartment prices down 9.2 pct in Q3 as lifting of foreclosure ban mulled

    EconomyMacroeconomy

    and a cumulative circa 12 percent since the mid-2010 peak, while non-performing loans (NPLs) in the sector have... on a wider lifting of the ban with effect as of 1 January 2014. Latest media reports indicate

    6%
  3. Nobody has less confidence in their government than the Greeks, OECD finds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    relevance for Greece and its society. 1) Confidence in the government The OECD found that in 2012 only 12

    6%
  4. Down but not out: Golden Dawn rears its head again
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    of participation in a criminal group. Their police protection was also pulled. On November 1, four days... in the Parliament which will probably continue to attract approximately one out of 12 voters,” Dinas says

    6%
  5. Building activity posts first rise in 20 months but overall picture grim

    EconomyMacroeconomy

    Authority (ELSTAT). The respective surface area number recorded a modest 1 percent increase, while... is indirectly linked to building activity, shows a drop of 9.7 billion or circa 12 percent since its peak

    6%
  6. Industrial production rises for three months in a row for first time since 2007

    EconomyMacroeconomy

    , when 11 of the 12 months produced positive readings. The key drivers for the modest growth..., water supply production fell 1 percent. A broadly similar pattern was also evident in the figures

    6%
  7. April saw first rise in Greek banks' Eurosystem funding this year

    EconomyMacroeconomy

    of uncovered government-guaranteed bank bonds will be stopped as of March 1, 2015. This means that Greek banks... data for 2013, the ratio of Eurosystem funding to total assets ranged from 12 percent for Piraeus

    6%
  8. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    , pharmaceuticals and tourism. The last five areas account for less than 1 percent of total administrative... procurement represent administrative burdens of 393 million and form the third largest proportion (12

    6%
  9. Fitch upgrades Greek credit rating to B with stable outlook

    EconomyMacroeconomy

    in the next quarters. The next rating actions are scheduled for August 1 by Moody’s, September 12

    6%
  10. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    Tier I (CETI) ratio (applicable in 2024) significantly improved to 12 percent for Alpha, 11.6... points (pp), followed by Piraeus at 1.3 pp, Alpha at 0.6 pp and National 0.5 pp (1 pp for Greece

    6%