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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomybillion a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomy-month period showed that primary expenditure declined by 2 percent to 23.18 billion euros
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Tsipras looks to recovery, sidesteps review concerns
PoliticsGreek PoliticsPrime Minister Alexis Tsipras began on Tuesday his latest effort to focus attention on a positive narrative for Greece, which is a message he hopes that he can carry into the autumn. On a visit to the Papastratos tobacco factory near Athens, he claimed that growth is on course to reach close to 2
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Economic sentiment improves again in Aug, consumer confidence climbs by 4.5 pts
EconomyMacroeconomyto -3.7. In the year to date, industry confidence has improved by 2 points, services confidence has
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Alpha Bank remains profitable in Q2, NPEs reduced further
EconomyBanking. Provisions are seen close to 1 billion in 2017. Balance Sheet Eurosystem funding fell by 2 billion
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Centre-left leadership candidates step forward as unity doubts linger
PoliticsGreek Politicssuggests backing for Theodorakis’s party stands at just 2 percent. This means an alliance between PASOK
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General govt primary cash surplus at 4.10 bln in seven-month, arrears rise to 5.44 bln
EconomyMacroeconomy. The deficit in local government eased to 2 million euros, improving on the previous month’s deficit
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Greek banks meet NPE reduction targets in Q2, write-offs remain primary source of reduction
EconomyBankingon the asset quality trends in Q2, BoG noted that the quarterly default rate remains over 2 percent
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Industrial production grows 1.7 pct in July for tenth positive reading in a row
EconomyMacroeconomyconfidence indicator improved by 2 points. Additionally, the Markit Manufacturing PMI rose over the 50-point
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Third review agenda becoming more complex for Tsipras
PoliticsGreek Politicsunpaid taxes also shot up by just over 2 billion euros compared to a rise of 727 million euros in June
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