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  1. Greek banks' Eurosystem funding sees reduced drop of 334 mln in July

    EconomyMacroeconomy

    this year was the elimination of ELA funding in May. It has remained below 4 million euros since

    3%
  2. The challenge in Greece: Funding an emerging economic recovery
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    . The danger may rest in a rising dependency of third-party public financing, relying primarily

    3%
  3. Independent Greeks to go it alone rather than join grand right-wing alliance

    PoliticsGreek Politics

    percent in the European Parliament elections in May, Kammenos has seen his number of MPs dwindle

    3%
  4. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    in May. This month’s flow mainly reflects an inflow of 85.3 million related to the sale of a stake

    3%
  5. Worsening EU-Russia ties leave Greek coalition in precarious position
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    months (leftist leader Alexis Tsipras visited Moscow in May). The opposition party has been highly

    3%
  6. Greek central government debt rises to 322.4 bln in Q2

    Economy

    redemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans

    3%
  7. Coalition warms to option of Kouvelis as president but success not guaranteed
    Photo by MacroPolis

    PoliticsGreek Politics

    after the May 25 vote.

    3%
  8. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    low of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1

    3%
  9. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    is the highest monthly reading since May 2013. In June, net deductions stood at 324 million

    3%
  10. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    billion euros in May and the recognition of additional DTA (994 million). The management noted

    3%