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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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What next for Greece's revenues and spending?
Agorato Manpower Employment Agency (at 18 percent of the annual target in the 5-month period) 2) Other...-allocated expenditure (at 17.1 percent of the annual target of 1.57 billion) 2) Agricultural subsidies
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Greek banks in intensive care: What lies ahead?
Agorasector acquisition meaning that parts of the bank can be sold without the consent of shareholders 2... about the banks’ solvency also linked to liquidity issues. 2) The assumptions of the ECB/SSM
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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
Economyof confidence and bank stability. IOBE projects a recession of 2 – 2.5 percent this year. A milder GDP... of Greece remaining in the eurozone coupled with the necessary consent. 2) The urgent
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Greece and creditors try to untangle pension complications
EconomyProgrammewill be reduced by 2 and 6 percent respectively. According to the General Accounting Office, the rise in health contributions will result in an annual increase in revenues of 854 million euros. 2) All
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