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  1. European Commission's Greek DSA sees recession ahead, debt becoming unsustainable

    EconomyProgramme

    targets (-1 percent in 2015, 0 percent in 2016 and 1.5 percent in 2017). Based on these assumptions

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  2. Have inflation "repay" Greek debt and growth reduce indebtedness

    Agora

    a return. Assuming that Germany can currently fund itself at 1 percent, the annual funding cost would

    13%

  3. Early gains in Greek stocks cancelled out in second half of week

    Economy

    1 percent to 3.15 billion on negative currency effects. EBIT improved significantly by more than 31

    13%

  4. Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    a maturity of 35 years and carry an interest rate of 1 percent. The debt sustainability issue, along

    13%

  5. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG). The YoY deterioration mainly reflects a widening

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  6. Newsletter 39 - 21/08/2015

    Newsletters

    on year (YoY), falling to 1 billion euros from 1.25 billion in 2014. The YoY deterioration mainly

    13%

  7. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    before. The revision is based on: 1) The calculation of the wages index according to a fixed base

    13%

  8. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    percent of part-time work was involuntary. It also noted that of the 1 million jobs lost during

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  9. The targets and deadlines in Greece's privatisation programme

    EconomyProgramme

    involve: 1) Regional airports divided into two clusters of 7 airports each. The tender was awarded

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  10. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    -negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month

    13%