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Tsipras gets ball rolling on lengthy, ambitious bid to change constitution
PoliticsGreek Politicsminister made a point of stressing the importance of the process, which he wants to be as inclusive
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Parliament will not probe 2015 bailout negotiations but issue unlikely to disappear
PoliticsGreek Politicssuffer serious damage at some point.
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Credit contraction stays stable at 2 pct in June, net additions for first time this year
EconomyMacroeconomy. The aggregate figures for the first half point to deductions of 1.44 billion, with the bulk stemming from
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Tsipras sets out social policy goals in last stage of effort to shift political debate
PoliticsGreek Politicsfiercely resisted demands for EKAS to be abolished but in the end had to give in on this point
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Decline in retail sales accelerates to 8 pct in May
EconomyMacroeconomyto the advance of economic sentiment by nearly one point.
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomy. Available hard data to date point towards a decline in the second quarter as well, which
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Minor uptick in time deposit and average loan interest rate in June
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 1 basis point (bp) to 0.86 percent in June from 0.85 percent in May, Bank of Greece (BoG) data showed on Tuesday. This was the first uptick, albeit marginal, for the time deposit rate in the course of 2016, which remains close to the historical
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Unemployment rate stable at 23.5 pct in May after upward revision for April
EconomyMacroeconomyCommission (EC), IMF and OECD forecasts point to a reduction in unemployment for 2016 and 2017
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Newsletter 85 - 05/08/2016
the DEKOs should have been included in the budget is somewhat of a moot point as they were being paid from
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Car sales soar 42.9 pct in July, also reflecting a low base effect
EconomyMacroeconomy, the aggregate figures for the 7-month period now point to an accelerating growth of 12.9 percent
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