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  1. Multi-bill tabled as Greece aims to take last step to completion of review

    EconomyProgramme

    . Contingency mechanism The legislation on the fiscal mechanism foresees that until May 10 of each..., a Presidential Decree is published until May 31 detailing the expenditure cuts related to the general... of public concessions. The said fiscal adjustment measures in the form of expenditure cuts may

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  2. Tsipras, against all odds
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    About a year ago – on May 16, 2015, to be exact - Leicester City secured their survival... this incredible transformation took place. While football experts may focus on the role played by Leicester..., analysts examining Tsipras’s conversion may choose instead to concentrate on the left-wing politician’s

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  3. Greek banks on cusp of improved liquidity conditions

    Agora

    , while the Piraeus figure stands at 10 billion. We understand that the collateral that may be used largely involve EFSF and ESM bonds, while it is unclear whether Greek government securities may also... of Greece’s economic outlook, while may also lead to upgrades of the country’s and banks’ ratings

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  4. Newsletter 78 - 17/06/2016

    Newsletters

    (before tax refunds) markedly rebounded by 15.5 percent in May to reach 3.37 billion, notably outperforming the target by 501 million. The revenue performance in May pushed the 5-month figure up by 2.4... for the “no” camp, and as may happen in the UK, with “Leave” leading in the opinion polls, tapping

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  5. Brexit leaves Greece dangling precariously

    Agora

    for Leave in the UK referendum leaves Greece precariously balanced between an EU that may try to bolster... at close to 0.5 percent of GDP under the adverse scenario. For many eurozone economies this may seem like... time and support domestically. The result in the UK may embolden some fringe parties in Greece

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  6. Drop in CPI slowed to 0.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe Greek Consumer Price Index (CPI) fell by 0.7 percent in June after a 0.9 percent drop in May... by 0.2 percent in June after slipping by 0.2 percent in May. The headline figure for June is the second... for the first time since May 2013. It increased by 0.2 percent in June reflecting a rise

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  7. Car sales fall 2.5 pct in June after impressive growth in preceding two months
    Photo by MacroPolis

    EconomyMacroeconomy

    of 17,290 recorded in May. As we have previously noted, the strong growth rates in April and May was largely attributed to the extension until the end of May of the incentives for old cars to be replaced... after soaring by 37.1 percent in May. In absolute terms, passenger cars reached 10,577 in June

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  8. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    of 433 million in May. This largely reflects a month on month recovery of revenues by around 600... of 15.9 percent recorded in May. The absolute figure stood at 3.97 billion euros in June, which... million over-performance in May. Following the strong growth in June, the aggregate figure for the first

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  9. The cat is out of the bag: Europe's politics is a mess

    Agora

    by Cameron’s successor, Theresa May. The appointment of a man famed for his buffoonery and insulting.... However, Europe may need to ask itself for how long and how far it can ride on the coattails of a leader... is that although political events in the UK may have provided amusement and bemusement in recent

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  10. Newsletter 84 - 29/07/2016

    Newsletters

    system. The government estimates that around 3–4 billion euros may be returned to Greek banks... reaching 479 million in June following deductions of 357 million in May. The bulk of the June additions... in May, up significantly from a 183-million-euro increase in May. The deposit balance rose to 122.74

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