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  1. Greek current account deficit grows in Dec, 2014 surplus at 1.66 bln

    EconomyMacroeconomy

    in December from surplus of 20.8 million last year. Travel receipts rose by a mere 1 percent last... result under the portfolio investment shows a net outflow of 7 billion stemming from an net outflow

    12%

  2. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    unemployment among males and females recorded a similar drop by more than 1 pp YoY to 29.3 percent... (15-24 years) improved by almost 7 pp YoY falling below the 50-percent mark to 49.7 percent

    12%

  3. Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
    Photo by MacroPolis

    Economy

    reforms related to cost savings required by the institutions of 1.8 billion (1 percent of GDP... Greek parliament on November 7, 2012. It imposed progressive cuts in all public and private sector

    12%

  4. Greek talks go down to the wire as IMF raises major objections

    PoliticsGreek Politics

    , which reportedly believes the heavy reliance on tax rises for a fiscal adjustment of more than 7... in revenues from VAT at 1 percent of GDP (1.8 billion) versus 0.74 percent (1.36 billion) included

    12%

  5. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    by 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion... of 390 million. PIB revenues and expenditure were subdued in July at just 7 and 44 million respectively

    12%

  6. Unemployment rate eases to 24.6 pct in Q2 as number of employed jumps
    en_GB Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    EconomyMacroeconomy

    (around 2 pp) to 21.5 and 28.3 percent respectively. The latter remains steadily almost 7 pp higher... and 22.8 percent last year. The number of ‘long-term’ (more than 1 year) unemployed fell well below

    12%

  7. Tsipras confounds expectations, creates new doubts by reviving coalition

    PoliticsGreek Politics

    difference was a surprise, as was the fact that SYRIZA saw its January support drop by less than 1... ended at 7 p.m. to discuss the possibility of working together. However, this plan was quickly

    12%

  8. Current account balance shows a surplus for third straight month, at 2.09 bln in August

    EconomyMacroeconomy

    corresponds to lower imports by 4 billion. At the same time, exports fell by 5.8 percent or 1 billion. BoG... billion partly offset by a rise in residents’ investment in foreign shares by 7 billion. At the same

    12%

  9. Greek shares up for the third straight week on strong performance from banks

    Economy

    between 5 to 7 billion. At the same time, bankers also appeared optimistic on the final outcome... on Thursday Greek banks’ Emergency Liquidity Assistance (ELA) ceiling for the fifth straight time by 1 billion

    12%

  10. ECB sees Greek banks' total capital needs at 14.4 bln, recap plans to come
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    Economy

    reflects a rise in the non-performing exposure (NPE) by 7 billion. Eurobank showed the lowest capital... scenario. The ECB also disclosed for the first time the Common Equity Tier 1 (CET1) hurdle rates, which

    12%