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  1. Credit contraction at 1.2 pct in June, balance at 178.87 bln
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    Credit contraction in the Greek market softened to 1.2 percent in June from a contraction of 1.9 percent in May, Bank of Greece (BoG) figures released on Wednesday showed. As a result, the outstanding balance decreased to 178.87 billion from 179.33 billion in May, remaining under the 180-billion

    2%

  2. Economic sentiment reaches 105.3 in July, highest since June 2014
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    of the year. Month-on-month improvements were noted in most of the remaining underlying indicators

    2%

  3. IMF flags up weak growth, long-term debt sustainability and reform pledges in Article IV report
    Photo via Flickr https://flic.kr/p/7BWNey

    EconomyProgramme

    ) from any efforts to undermine it, while addressing some remaining shortcomings in reporting. Finally

    2%

  4. Last bailout tranche just days away as pension discussion looms
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyProgramme

    the complications created by the government’s decision to extend the VAT discount on the remaining

    2%

  5. Effort for Greece and Albania to resolve diplomatic differences goes on back burner
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    fueled optimism for remaining issues to be resolved in due course. Greece also wants to secure

    2%

  6. Unpaid contributions rise to 33.86 bln as more legacy debtors added
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of the overdue stock related to main SSC debt, totalling 24.33 billion euros. The remaining 9.53 billion

    2%

  7. Central government debt rises to 345.38 billion in Q2
    Photo by MacroPolis

    EconomyMacroeconomy

    , and the remaining 61.9 billion to the third bailout programme, which was signed in mid-summer 2015. Additionally

    2%

  8. Credit contraction at 1.5 pct in July, balance at 177.56 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Credit contraction in the Greek market deepened to 1.5 percent in July from 1.2 percent in June, Bank of Greece (BoG) figures released on Tuesday showed. As a result, the outstanding balance decreased to 177.56 billion from 178.87 billion in June, remaining under the 180-billion euro mark

    2%

  9. Crisis-era productivity in Greece lowest among OECD countries

    EconomyFeatures

    such as further reducing barriers to competition for professional services and the remaining sectors

    2%

  10. Piraeus Bank posts net profit of 24 mln in Q2, ELA funding fully eliminated
    Photo by MacroPolis

    EconomyBanking

    and commission income came to 149 million euros in H1, remaining unchanged YoY. In Q2, the figure came

    2%