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  1. Tsipras tries to switch focus from measures to need for survival in euro

    PoliticsGreek Politics

    to close its banks and introduce capital controls. He expressed disappointment that he was not able

    2%

  2. Eurobank acquires Alpha network in Bulgaria, kicking off round of consolidation abroad
    Photo by MacroPolis

    EconomyBanking

    markets. According to the announcement, the transaction is marginally capital accretive for Eurobank

    2%

  3. Sharp drop of 4.2 pct in Greek industrial turnover in May

    EconomyMacroeconomy

    and capital goods’ turnover declined by 12.2 and 7 percent respectively. On the flipside, turnover

    2%

  4. ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high

    EconomyMacroeconomy

    and reflect the heightened concerns about Grexit and imposition of capital controls with depositors

    2%

  5. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    and the imposition of capital controls, there are still hopes for a positive outcome in July and August, which

    2%

  6. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    or hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all

    2%

  7. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    the imposition of capital controls in late June. Housing prices and appraisals were negatively impacted

    2%

  8. Industrial production down by 4.5 pct in June for third monthly drop this year

    EconomyMacroeconomy

    displayed mixed trends. Energy and capital goods’ production posted a double-digit decrease of 14

    2%

  9. Early gains in Greek stocks cancelled out in second half of week

    Economy

    After a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent. This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls

    2%

  10. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    in the previous assessment. EC stresses that due to the imposition of capital controls receipts from

    2%