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  1. Tsipras wins referendum but sceptical lenders, limited time stand in way of deal

    PoliticsGreek Politics

    between German Chancellor Angela Merkel and French President Francois Hollande in Paris on Monday may set... to the drachma. Sunday's "No" vote may also trigger developments at Greece's opposition parties. New Democracy MP

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  2. After 'No' vote, pulling Greek banks back from brink a priority
    Photo by MacroPolis

    Economy

    that this meeting may be delayed. In such a case, the daily withdrawal limit for ATMs would be reduced below 60... are no longer solvent. It is noteworthy that ECB Governing Council may decide with a majority of two-thirds

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  3. Strengthened Tsipras shows willingness for deal with lenders after "No"

    PoliticsGreek Politics

    a difficult relationship with Tsipras, was replaced by Fofi Gennimata as PASOK leader. Tsipras may see.... The prime minister’s efforts may be facilitated by Finance Minister Yanis Varoufakis’s resignation

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  4. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    . Greek banks disclosed in late May in their Q1 results’ presentations they had unencumbered ELA..., Greek banks may have after today’s haircut a new total of 101 billion (79 billion used, 22 billion

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  5. Unemployment rate slips to 25.6 pct in April, lowest since July 2012

    EconomyMacroeconomy

    for the fourth straight month to 935,934 at the end of May. At the same time, the number of registered... benefit corresponds to 8.9 percent of total in May down from 10.6 percent in April. The number

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  6. Consumer prices drop further by 2.2 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    of consumer prices (HICP) fell at half the CPI decrease by 1.1 percent in June from 1.4 percent in May.... On a monthly basis, CPI rose by 0.6 percent month on month (MoM), also reflecting lower prices in May

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  7. Car sales rise by 21.7 pct in June for fifth straight increase above 20 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    Τhe number of road motor vehicles (going into circulation for the first time) rose, albeit at a slower pace, by 21.7 percent in June from 27.9 percent in May, according to the Hellenic Statistical... in the past four years (since May 2011). Passenger cars, up 22.1 percent to 11,040, make up more than 86

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  8. This is what the Eurogroup is proposing as a basis for a third Greek bailout

    EconomyProgramme

    . The institutions may explore possibilities to reduce the financing envelope through an alternative... to consider possible measures to smoothen Greece’s debt servicing path. These measures may include possible

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  9. Greek banks in intensive care: What lies ahead?
    Photo by MacroPolis

    Agora

    published on May 28, the European Commission (EC) had requested 11 EU countries to fully implement... directive, in circumstances of very extraordinary systemic stress the authorities may also provide

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  10. After marathon in Brussels, short sprints for Tsipras in Athens
    Photo by MacroPolis

    PoliticsGreek Politics

    own failures over the last few months. The opposition parties may propose figures to enter... the country’s fragile state and the lack of trust between Greece and its lenders this may be too risky

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