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Greek May CPI falls 2 pct in one of biggest drops for more than a year
EconomyMacroeconomya marginal positive change at 0.1 percent. Greek CPI turned negative for the first time in March... in more than 45 years, the latest forecasts by the troika institutions and the Greek government point
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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomyin the output at Greek firms was the slowest over the past three months mainly due to a slight dip.... At the same time, the quantity of items purchased by Greek manufacturers recorded the first back-to-back
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Greek deposits inch up again in June, reaching 163.21 bln
EconomyMacroeconomyGreek private sector deposits increased 0.7 percent month on month (MoM) in June, with balances rising for the fourth straight month and reaching 163.21 billion euros, according to the Bank of Greece... deposit flow so far in 2014, Greek banks’ Eurosystem reliance has declined by 28.1 billion in the 6-month
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Greek deposits inch up in July, reaching 163.22 bln
EconomyMacroeconomyGreek private sector deposits increased by 0.1 percent month on month (MoM) in July, the fifth successive monthly rise, with balances reaching 163.22 billion euros, according to the Bank of Greece.... Although deposit flow remains weak year to date, Greek banks’ Eurosystem reliance has dropped by 28.4
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Greek primary cash surplus widens to 3.2 bln in 7-month
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus widened by 82.7 percent year on year (YoY) to 3.24 billion in the 7-month period of 2014 from 1.77 billion last year, according the gg bulletin.... This development follows Greek bank’s zero reliance on ELA funding as of May. b) A decline in bank support scheme
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Greek CPI down by 0.3 pct in August as rate of decline slows for third month in a row
EconomyMacroeconomyThe decline in the Greek Consumer Price Index (CPI) slowed down for the third successive month to -0.3 percent in August from -0.7 percent in July, according to the Hellenic Statistical Authority... forecasts by the troika institutions, the Greek government and the Bank of Greece who see a second
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Run this way: The recurring pattern of Greek leaders
AgoraAs the Greek general elections of May (and then June) 2012 approached, every poor unfortunate European politician attempted to grab a moment in the spotlight by pontificating on whether Greece should... run, Samaras forgot the 16 billion euros that flew out of Greek bank accounts in May and June 2012
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Value of HFSF participation in Greek banks falls to 17 billion
EconomyBankingbillion from the equity participation in the four systemic Greek banks, while an additional loss... for the Greek banks is the outcome of the ECB Asset Quality Review (AQR) and European Banking
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Greek primary cash surplus more than doubles to 2.45 bln at end of August
EconomyMacroeconomyThe Greek general government (gg) primary cash surplus more than doubled year on year (YoY) reaching 2.45 billion euros in the 8-month period of 2014 from 1.17 billion last year, according the gg.... This development follows Greek banks’ zero reliance on ELA funding as of May. b) A decline in bank support scheme
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Ahead of bailout talks, IMF chief raises doubts about clean Greek exit
PoliticsGreek PoliticsA Greek delegation is due to meet International Monetary Fund managing director Christine Lagarde on Sunday to discuss the government’s plans for an early exit from its bailout programme.... Having failed to kick start discussions on Greek debt relief with the eurozone partners, Samaras
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