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  1. Economic sentiment fell to 81.3 in July for the sharpest historical monthly drop

    EconomyMacroeconomy

    confidence still shows a slight rise by 1 point year to date entirely due to the surprisingly high

    13%
  2. Tsipras lays down gauntlet to SYRIZA rebels, proposes September congress or members' vote
    Photo by MacroPolis

    PoliticsGreek Politics

    to achieve two things: 1) To delay any internal discussion or turbulence until after an agreement has been

    13%
  3. Rare rebound for retail trade with 2.5 pct rise in May
    Photo by MacroPolis

    EconomyMacroeconomy

    percent), department stores (-1.7 percent) and automotive fuel (-1 percent). In contrast, retail

    13%
  4. Unemployment rate fell to 25 pct in May, its lowest level in the last three years
    Photo by MacroPolis

    EconomyMacroeconomy

    percent lower than in 2008, implying 1 million less employed over this 7-year period. The number

    13%
  5. Bank recap and NPL management create conundrum in bailout talks
    Photo by MacroPolis

    Economy

    of the new bail-in directive - effective as of January 1, 2016 – that paves the way for a haircut

    13%
  6. Greece and lenders appear close to third bailout deal, with few issues outstanding
    Photo by MacroPolis

    EconomyProgramme

    billion euros from the new bailout to cover: 1) The redemption of the 3.2-billion-euro Greek

    13%
  7. Agreement on third bailout with revised fiscal and macro targets, host of prior actions

    EconomyProgramme

    : 1) Gradual elimination of grandfathering to statutory retirement age and early retirement pathways

    13%
  8. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    for 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform

    13%
  9. Greece commits to ambitious privatisation targets as part of new bailout

    EconomyProgramme

    prior actions: 1) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH) port

    13%
  10. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    by 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion

    13%