Following the publication of the 47-page document Greece sent to the institutions by the Tagesspiegel newspaper in Germany, which we presented earlier today, tovima.gr published the two documents (5 and 7-page) that include the prior actions and the policy commitments prepared jointly by the three institutions.
Prime Minister Alexis Tsipras insists that the 47-page document Greece sent to the institutions earlier this week remains a “realistic” basis for an agreement.
Greece’s seasonally adjusted (SA) unemployment rate remained unchanged at 25.6 percent in March, following the upward revision of Ferbuary’s figure, according to the Hellenic Statistical Agency (ELSTAT).
In its latest Economic Outlook report released on Wednesday, the OECD slashed its Greek GDP estimates to 0.1 percent in 2015 from 2.3 percent in its previous forecast published last November.
The latest ECB bi-annual survey on enterprises’ access to finance for the six months ending in March 2015 reaffirmed that Greek SMEs continue to face the most significant obstacle among their eurozone peers.
Greece’s Manufacturing PMI improved by 1.5 points in May, rising to 48 from 46.5 in April, according to Markit.
The Greek stock market saw subdued volumes over the last few days, ending the week with losses of 1.8 percent amid mixed signals regarding the progress of Greece's talks with its lenders.
The turnover of Greece’s retail trade index headed south for the fifth successive month in March but the rate of decline eased to 0.4 percent in March from a revised 3.1 percent in February, according to the Hellenic Statistical Agency (ELSTAT).
Greece's credit contraction marginally decelerated to 2.4 percent in April from 2.5 percent in March, according to the Bank of Greece (BoG). The April headline figure is the slowest drop since October 2011.
Greek private sector deposit outflows accelerated to 4.66 billion euros in April, which is more than double compared to the March figure of 2.19 billion, according to the Bank of Greece (BoG).