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  1. Economic sentiment, consumer confidence down for third straight month in May

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued heading south for the third successive month in May, when it fell by 1.3 points to 91.4 in May from 92.7 in April, according to the European Commission. The May figure is the lowest reading since December 2013. Since the beginning of 2015, ESI has dropped

    13%

  2. Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 399 million euros month-on-month (MoM) in May, the monthly... the year so far. The movements in May largely reflect a fall of 397 million euros in European Central Bank... funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1

    13%

  3. Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised... on Tuesday. The unemployment rate in May last year was 16.8 percent. This May, employment increased... by roughly 140,000 people. Total employment in May was close to 3.9 million people. ELSTAT explains

    13%

  4. Record travel receipts and narrower trade deficit reflected in current account up to May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed. In May 2025, the balance... came to 2.11 billion euros in May, from 2.36 billion euros in the same month last year. Total imports

    13%

  5. Outrage at Sunak snub mixed with unease at PM's handling of Marbles talks

    PoliticsGreek Politics

    become a motif of high-level meetings for UK prime ministers to politely disagree with the Greek

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  6. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching... for the third straight month with inflows slightly increasing to 548 million euros in May from revised 411 million in April. May’s flow is fully attributed to time inflows of 749 million, while sight

    13%

  7. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    deposits fell further by 18 bps 2.53 percent in May, according to the Bank of Greece (BoG). The year... rate of 1.42 percent in May. In addition, it is still higher than the respective rates in Spain... of the average rate on new loans by 36 bps in April, there was a reversal in May with the average loan rate

    13%

  8. This is where Greek gov't could find cash to cover May's obligations
    Photo by MacroPolis

    EconomyProgramme

    this obligation. May obligations Debt obligations in May are higher than those in April and include: a) Rollover of 1.4 billion 6-month T-Bills on May 6 with foreign investors holding a considerable but minority stake of maturing securities. b) Rollover of 1.4 billion 3-month T-Bills on May 13

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  9. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding increased for the eighth straight month in May but at a slower pace...) monthly financial statement published on Tuesday. The outstanding figure for May reached 116.4 billion..., ECB funding marginally rose by 0.35 billion to 38.83 billion in May. This amount is almost

    13%

  10. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    Greek private sector deposit outflows eased to 3.86 billion in May from 4.66 billion in Apr... in May largely stemmed from time deposits (2.74 billion), while sight and savings recorded more modest... billion month on month in May to 151.01 billion. This is the also the lowest reading since May 2004

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