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Greek CPI down by 2.1 pct in April
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.1 percent in April, similar to the decline in March... by 1.9 and 0.9 percent respectively, while those in communication remained stable YoY. The Greek CPI... with the headline figure at -1.5 percent, while the Greek Finance Ministry expects a slower
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Greek stock market up by 3.5 pct over week amid hope of bailout deal
EconomyThe Greek stock market rebounded 3.5 percent this week, albeit with subdued volumes, amid... in Riga, the European Central Bank decision to marginally increase Greek banks’ ELA funding... in the middle of next week regarding the increase of the ELA limit and a potential haircut on Greek
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Audit of Greek debt adds to pressure on Tsipras in creditor talks
PoliticsGreek Politicsmonths later. The timing of the release – before the conclusion of talks between the Greek government... that the Greek government and lenders knew from the start of Greece’s first bailout programme in 2010... to hopes of a major writedown, suggesting that only around 5 percent of Greek debt was odious
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Eurogroup inconclusive on new Greek proposals but opens path for agreement
PoliticsGreek Politicsafternoon. Dijsselbloem, however, said he was advised that the Greek suggestions were “broadly... the Emergency Liquidity Assistance (ELA) to Greek banks. However, as happened on Monday, this may... for the third time over the past five days the ELA limit for Greek banks. The amount was not disclosed
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The key numbers behind the latest Greek proposals
EconomyProgrammeThe latest Greek government proposal sent to the institutions on Thursday evening did not put...’ proposal. A series of fiscal measures have been quantified in previous Greek proposals until June... million in 2016. This was explicitly stated in the last Greek proposal. 4) TV advertisement tax
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Most Greek businesses feel capital controls impact, 69 pct see turnover drop
EconomyEndeavor Greece, the Greek subsidiary of the global non-profit organization, has published a survey.... The survey was conducted from July 13 to 17 on a sample of 300 companies operating in the Greek market... in the next two years, while 97 percent wishes this will be the case. Greek businesses believe
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European Commission's Greek DSA sees recession ahead, debt becoming unsustainable
EconomyProgrammeslippages in the first half of the year, the agreed fiscal targets with the Greek authorities call... bill on the new bailout programme that is due to be voted on by the Greek Parliament late... of debt and gross financing needs relative to GDP create serious concerns about Greek debt sustainability
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Early gains in Greek stocks cancelled out in second half of week
EconomyAfter a rebound in the first two trading sessions of the week the Greek stock market headed south... prior actions and measures by the Greek Parliament on Friday morning. In addition, the European... percent this year and further GDP contraction by 1.3 percent in 2016, also concluding that Greek debt
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TINA politics and the Greek elections
Agora-arrangement of political chairs gives Greek voters a clear-cut binary option to make an informed choice... the Greek electorate. One is being paraded by Syriza operatives as a default option, namely... election, they may also offer something that the Greek electorate has not given up hope on entirely
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Greek stocks down 5.1 pct over week as investors remain cautious
Economyto the previous week’s losses of 3.2 percent. Over the past two months, the Greek stock market has... of August, Greek bank shares have lost more than three-quarters of their market value amid heightened..., the Finance Minister decided to further extend the deadline for the release of Greek banks Q2 results by one
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