Greece’s central government primary cash surplus eased by 4.6 percent to to 1.3 billion euros in the first half of 2015 from 1.37 billion last year, according to the Bank of Greece (BoG).
The European Commission (EC) published on Wednesday its assessment following the official Greek request for a 3-year loan from the European Stability Mechanism (ESM).
Credit standards for corporate loans tightened quarter on quarter (QoQ), according to the Bank of Greece (BoG) bank lending survey (BLS) for the second quarter (Q2) of 2015.
The International Monetary Fund published late on Tuesday an update of the preliminary debt sustainability analysis (DSA) that was released on June 26, arguing that Greek debt has become highly unsustainable.
Greece’s budget primary surplus widened to 1.88 billion euros in the first half of the year, from 1.51 billion in the 5-month period, and 707 million in the first half of last year, according to the Finance Ministry (MoF) preliminary budget bulletin published on Tuesday.
The government tabled in Parliament on Tuesday the first draft bill including three of the four measures Greece has committed to as part of Monday’s Euro Summit agreement to legislate before July 15.
Greek building permits advanced for the third straight month by 6.2 percent in April from 19.1 percent in Mar, according to the Hellenic Statistical Authority (ELSTAT).
After 17 hours of negotiations, the Euro Summit unanimously reached an initial agreement for a 3-year European Stability Mechanism (ESM) programme for Greece.
Following today’s Eurogroup meeting on Greece, a 4-page draft document to be presented to the Eurozone Summit was leaked to the press. We summarize below the key points of the draft statement.
The latest Greek government proposal sent to the institutions on Thursday evening did not put detailed numbers next to most of measures and reforms.