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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economyincluding bonds held by the private sector. 2) Arrears to the IMF would not in and of themselves..., if not the title, of a third programme of policy-conditional financial support. 2) An acceleration of Greece's
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Moody's downgrades Greek bond rating, sees chances of accident rising
Economyan agreement with its official lenders in time to meet upcoming debt repayments. 2) The significant...) An increase in the pace of fiscal consolidation and structural reforms. 2) Sustained economic
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This is how Greece kept its budget on track in Q1
Agoraof the annual target of 1.12 billion. 2) Only 95 million euros, or just 6.6 percent of the annual target of 1.44... percent of the annual target of 1.57 billion. 2) Agricultural subsidies at 65 million in Q1
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomy, bringing the 4-month figure at 15.04 billion, up 2 percent. Compared to targets, the April revenues...-recurring item, the underlying revenue collection shows a drop by 2 percent in April and 1.8 percent
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Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln
EconomyMacroeconomyso far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank... that Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion
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Finance Ministry wavers as revenues remain at the forefront
EconomyProgramme, local media report that the fiscal gap is seen at around 2 billion by the institutions and below 1... Tuesday (June 2).
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Industrial production up again in April but at slower rate of 0.4 pct
EconomyMacroeconomythat the seasonally adjusted IPI fell 2 percent month on month (MoM) in April, after a marginal rise... released by the European Commission at the end of May displayed it improved by 2 points to -13
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Greece and lenders fail to bridge their differences in Brussels
PoliticsGreek PoliticsCommission sources suggested to the media that the two sides still have differences over 2 billion euros... demanding a primary surplus of 1 percent for 2015 and 2 percent for 2016. On the pension front
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeaccount to cover debt servicing (payment to the IMF of 1.6 billion due on June 30). 2) The second... actions. The document also notes that Greece could increase funding via T-Bill issues by 2 billion
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Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
PoliticsGreek Politics, falling from 23 percent in the previous document put forward by lenders to 13 percent). 2) Greece...” would follow a “Yes” vote. 2) If there is a win for the “Yes” campaign, the government
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