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Greek banks' Eurosystem funding sees reduced drop of 334 mln in July
EconomyMacroeconomythis year was the elimination of ELA funding in May. It has remained below 4 million euros since
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The challenge in Greece: Funding an emerging economic recovery
Agora. The danger may rest in a rising dependency of third-party public financing, relying primarily
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Independent Greeks to go it alone rather than join grand right-wing alliance
PoliticsGreek Politicspercent in the European Parliament elections in May, Kammenos has seen his number of MPs dwindle
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Services help increase Greek current account surplus to 1.37 bln in June
EconomyMacroeconomyin May. This month’s flow mainly reflects an inflow of 85.3 million related to the sale of a stake
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Worsening EU-Russia ties leave Greek coalition in precarious position
PoliticsForeign Policymonths (leftist leader Alexis Tsipras visited Moscow in May). The opposition party has been highly
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Greek central government debt rises to 322.4 bln in Q2
Economyredemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans
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Coalition warms to option of Kouvelis as president but success not guaranteed
PoliticsGreek Politicsafter the May 25 vote.
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Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
EconomyMacroeconomylow of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1
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Rate of credit contraction rises to 3.7 pct in July, balances fall
EconomyMacroeconomyis the highest monthly reading since May 2013. In June, net deductions stood at 324 million
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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBankingbillion euros in May and the recognition of additional DTA (994 million). The management noted
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