Economy
Parliament's budget office sees Greek recovery finely poised
In its latest quarterly report published on Monday, the Parliamentary Budget Office (PBO) argues that the Greek economy could grow by more than expected this year but that a series of concerns, including bank stress tests, unpaid taxes, lack of structural reforms and stagnant exports could yet weigh on the recovery.
Stress mounts ahead of ECB's tests on Greek banks
A report over the weekend suggests that the Greek government has expressed concerns to its eurozone partners and the European Central Bank about the imminent stress tests on local banks.
Greek deposits inch up again in June, reaching 163.21 bln
Greek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances rising for the fourth straight month and reaching 163.21 billion euros, according to the Bank of Greece (BoG).
Credit contracts by 3.5 pct in June, balances at 214.81 bln
Credit in the Greek market contracted by 3.5 percent in June, unchanged from the previous month and with balances slightly increasing to 214.81 billion euros, according to the Bank of Greece (BoG).
Greek trade deficit up by 21.9 pct in May as exports sink further
The rate of increase in Greece’s trade deficit accelerated to 21.9 percent in May from 17.2 percent in April, according to the Hellenic Statistical Authority (ELSTAT).
Here's why IOBE think tank sees Greek economy growing 0.7 pct this year
The larger part of the crisis is already behind us and the official estimate for a GDP rebound this year is feasible, according to the quarterly report of the Foundation for Economic and Industrial Research (IOBE).
EU Task Force sees progress on reforms and structural funds in Greece
Reforms are delivering results and there has been an increase in the absorption of European Union funds, according to the seventh quarterly activity report of the Task Force for Greece (TFGR) published today.
Greece to recover at least 30 of 50 bln it borrowed to bail out banks, says HFSF chief
Greece is likely to recover more than 30 billion euros of the 50 billion it has borrowed to rescue its banks, Hellenic Financial Stability Fund (HFSF) CEO Anastasia Sakellariou told Kathimerini newspaper in an interview published on Sunday.
Greece sees tourist arrivals rise 12.6 pct in May but spending fall 10.6 pct
The rate of increase of Greece's travel receipts significantly decelerated to 0.8 percent in May from 35.8 percent in April, according to the Bank of Greece (BoG).
Greek gg debt down by 1 pp in Q1 2014, still at 174.1 pct of GDP
Greece’s general government debt slipped by 3.9 billion euros quarter on quarter to 314.8 billion euros, or 174.1 percent of GDP, at the end of Q1 2014 from 318.7 billion, or 175.1 percent, at the end of 2013, according to Eurostat data published on Tuesday.