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Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln
EconomyMacroeconomy. The data showed primary expenditure eased 4.8 percent in May and 6 percent in the 5-month period
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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomyover the past 6 months were in banknotes and short-term instruments (mainly money market funds
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What capital controls will mean for Greek banks, customers and the economy
EconomyAs was expected, the referendum announced by the Greek Prime Minister Alexis Tsipras on Friday evening triggered a series of negative repercussions for the Greek banking system. The most prominent among these was the declaration of a bank holiday from June 28 until July 6 and the imposition
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Greek deposit rate almost stable, loan rate slightly up in May
EconomyMacroeconomy. The interest rate in loans to sole proprietors eased by 6 bps to 7.73 percent. Overall, the weighted average
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Newsletter 33 - 03/07/2015
Capital controls pile on stress Banks can only reopen with Eurogroup approval The imposition of capital controls and a forced bank holiday for six working days, from 29 June to 6 July at the earliest... is unlikely to en masse favour being part of a national emergency government. The other possibility
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General gov't cash primary surplus to May halves, arrears keep rising
EconomyMacroeconomycontributor with its cash surplus climbing to 1.43 billion from just 6 million in the corresponding
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The key numbers behind the latest Greek proposals
EconomyProgrammerevenues at 47 million per annum in 2015-2016 6) Taxation with 30 percent on gross gaming revenues
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What this week's VAT changes mean for household budgets and public coffers
EconomyProgrammeThe first draft bill with prior actions that was voted in the Greek parliament early on Thursday included a large reshuffling of VAT rates. The new basic VAT rate was set at 23 percent, while a reduced rate of 13 percent and a super-reduced of 6 percent (from 6.5 percent before) were also applied
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Reshuffle of limited scope, ambition suggests elections on horizon
PoliticsGreek Politics. Palmos Analysis for @EFSYNTAKTON SYRIZA 42.5% New Democracy 21.5 Potami 8 G Dawn 6.5 PASOK 6 KKE 5.5
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Bank holiday to end but capital controls remain and some transactions forbidden
Economyrates are effective as of July 20. Moreover, the hotel VAT rate is set at 6 percent until September
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