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  1. Newsletter 82 - 15/07/2016

    Newsletters

    . In absolute terms, Eurosystem funding is at its lowest reading since December 2014. 2 The cat

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  2. Moscovici tries to kill discussion of primary surplus targets as easing of capital controls cleared
    Photo by EU Council via Flickr https://flic.kr/p/q4fbAG

    EconomyProgramme

    restrictions on ‘new’ money deposited with Greek banks 2) Transformation of the weekly withdrawal

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  3. Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop

    EconomyMacroeconomy

    showed improving trends. Markit’s Manufacturing PMI increased by 2 points to 50.4 in June indicating

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  4. Newsletter 83 - 22/07/2016

    Newsletters

    percent. May’s decrease is mostly due to a 13.7-percent drop in manufacturing turnover. 2 Caught up

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  5. Greek stocks rebound for second straight week and edge up 2.5 pct

    Economy

    : NBG (-3 percent) and Piraeus (-2.4 percent), followed by Terna Energy (-2 percent). The trading

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  6. Government eases capital controls further, aiming to restore depositor confidence
    Photo by MacroPolis

    Economy

    , with inflows of around 2 billion euros in June, while the positive trend is continuing

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  7. Decline in retail sales accelerates to 8 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s retail sales index accelerated its decline in May, falling by 8 percent year on year from a revised 4.4 percent drop in April, according to data released by ELSTAT on Friday. The volume index recorded a drop of 6.4 percent compared to the same period last year, from 2 percent

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  8. Minor uptick in time deposit and average loan interest rate in June

    EconomyMacroeconomy

    percent. On the flipside, interest rates for corporate loans above 1 million euros edged up by 2 bps

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  9. Bank of Greece publishes revised Code of Conduct for management of NPLs
    Photo by MacroPolis

    EconomyMacroeconomy

    below interest only and grace period. Longer term (higher than 2 years) settlements, taking

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  10. Unemployment rate stable at 23.5 pct in May after upward revision for April
    Photo by MacroPolis

    EconomyMacroeconomy

    by age showed mixed trends. In specific, the jobless rate in the 35-44 years old fell by 2 pp

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