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  1. Greek banks' liquidity position at the centre of attention
    Photo by MacroPolis

    Economy

    reporters that Greek banks have a liquidity cushion of around 1 billion euros, which is considered

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  2. After 'No' vote, pulling Greek banks back from brink a priority
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    Economy

    was around 1 billion. This amount was seen sufficient to cover withdrawals by Monday. Local media

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  3. Consumer prices drop further by 2.2 pct in June
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    EconomyMacroeconomy

    -alcoholic beverages (+1 percent), while were kept stable YoY in communication. CPI remains

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  4. Greece submits proposals to lenders in hope of paving way for agreement

    EconomyProgramme

    to cover potential fiscal shortfalls: 1) Increase the tax rate on income for rents with additional

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  5. Industrial production down by 4 pct in May after three successive rises

    EconomyMacroeconomy

    After rising in the preceding three months, the Greek Industrial Production Index (IPI) fell by 4 percent in May following an upward revised 1 percent growth in April, according to the Hellenic Statistical Authority (ELSTAT). The May headline figure indicates the second negative reading so far

    11%
  6. IMF urges substantial debt relief for Greece

    EconomyProgramme

    estimates still remain subject to three marked downside risks related to: 1) Medium-term primary

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  7. Bank holiday to end but capital controls remain and some transactions forbidden
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    Economy

    30. It will be raised to 13 percent as of October 1. The legislative decree also extended

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  8. What's likely to be in the next multi-bill of prior actions Greek MPs will vote on

    EconomyProgramme

    Directive (BRRD) and taxation of farmers.* On the pension reform front, as of January 1, 2023 the new

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

    EconomyMacroeconomy

    , international arrivals fell by 1.5 percent in June and rose by a mere 1 percent in the 6-month period. Market

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  10. Disposable income up by 2.6 pct in Q1 for highest reading since 2009

    EconomyMacroeconomy

    than 47 percent in the past six years. Household final consumption slipped by 1 percent, after easing

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