Economy
Credit contracts by slower rate of 2.1 pct in May
Greek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG).
Deposit outflows eased to 3.86 bln in May, balance below 130 bln
Greek private sector deposit outflows eased to 3.86 billion in May from 4.66 billion in Apr, according to the Bank of Greece (BoG).
Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
Greece’s budget execution figures confirmed the 5-month primary surplus was at 1.51 million - more than double compared to last year’s 707 million, according to the Finance Ministry (MoF) final budget bulletin released on Thursday.
How big is the gap separating Greece and the institutions?
The document with the prior actions proposed by lenders that was leaked on Wednesday revealed significant differences and deviations from the latest Greek proposal, which suggests the two sides have a huge task on Thursday to bridge their gaps.
As Greek deadline looms, this is how the next days could play out
The Greek Prime Minister Alexis Tsipras meets with the European Commission President Jean Claude Juncker, the ECB President Mario Draghi and the IMF Managing Director Christine Lagarde in Brussels at noon in a last-ditch effort to bridge the differences that still remain between Greece and the institutions.
Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
Greek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace of 3.56 billion euros compared to 5.66 billion in April, according to the Bank of Greece's (BoG) monthly financial statement published on Tuesday.
Travel receipts rise by 16.3 pct in April on jump in arrivals
The growth rate of Greece's travel receipts accelerated to 16.3 percent in April from 13.3 percent in March, according to the Bank of Greece (BoG).
Greece's updated proposals to lenders and how they compare to previous efforts
The leaked details of the updated "parametric" measures the Greek government has sent to the institutions show that Athens's target is to collect revenues of 2.69 billion euros (1.51 percent of GDP) in 2015 and 5.21 billion (2.87 percent of GDP) in 2016.
Greek primary cash surplus at 1.07 billion at end-May on lower expenditure
Greece’s central government primary cash surplus remained almost unchanged at 1.065 billion in the 5-month period of 2015, from 1.057 billion last year, according to the Bank of Greece (BoG).
Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
Greece's current account (C/A) deficit narrowed by 17 percent to 955 million euros in April from 1.15 billion last year, according to the Bank of Greece (BoG).