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  1. Multi-bill passed, sub-tranche released but debt relief expectations dwindling
    Photo by MacroPolis

    EconomyProgramme

    Expectations for the debt relief package that may be agreed at next week’s Eurogroup are being kept low and the interventions that are due to be announced look set to fall below the bar set by the Greek government. All the attention of Greece and its lenders is shifting towards the debt relief

    3%
  2. Industrial turnover rises by 6.7 pct in April for fourth positive reading

    EconomyMacroeconomy

    and quarrying, reversing the fall of the previous month. The turnover index in manufacturing also

    3%
  3. Income and living conditions survey shows persisting inequality
    Photo by Harry van Versendaal

    Society

    (46.6 percent) of the share of national income, a fall of 0.6 units year-on-year (YoY). The lowest

    3%
  4. May budget primary surplus confirmed at 1.53 bln as revenues rise, PIB spending falls
    Photo by MacroPolis

    EconomyMacroeconomy

    . Interest payments continued to fall year-on-year, declining by 24.1 percent to 2.34 billion, under

    3%
  5. Athens turns its attention to settling differences with Albania
    Photo via @ditmirbushati

    PoliticsForeign Policy

    congratulated by its EU partners. EU countries mainly fall into two camps: Those who favour enlargement

    3%
  6. Credit contraction unchanged at 1.9 pct in May, balance at 179.34 bln
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    a net fall of 6.3 million euros, reversing an increase of 5.8 million euros noted in April

    3%
  7. Deposits positive for fourth month as May sees inflows of 919.4 mln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that Eurosystem funding fell by 716 million euros in May. The fall across the month brought central bank

    3%
  8. Economic sentiment at 102.5 in June as improvement in subindexes slows
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) declined by 1.7 points in June and came to 102.5 versus the reading of 104.2 in May, European Commission (EC) figures revealed on Thursday. Although June’s reading represents a fall after three months of improving sentiment, it marks the third consecutive reading

    3%
  9. IMF's Article IV conclusion outlines progress and remaining risks on road to recovery
    Image via www.imf.org

    EconomyProgramme

    . As the economy closes the output gap that accumulated during the crisis, unemployment will fall

    3%
  10. Greeks seen working longer, until July 18, to meet annual tax bill

    Society

    this year only to meet their tax obligations. This year’s tax freedom day is expected to fall 12 days

    3%