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Building activity declines at slower rate of 6.4 pct in Dec
EconomyMacroeconomytwenty three quarters mainly reflects oversupply coupled with lack of demand, tight credit
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Newsletter 19 - 13/03/2015
. The government has managed to survive another week within very tight conditions and reportedly repaid
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Primary surplus at 1.24 bln in Feb on lower spending and recovering revenues
Economyexpenses, due to the state’s tight liquidity conditions. For the 2-month period, primary expenditure
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No quick solution to Greek liquidity problem; reforms list holds key
PoliticsGreek Politicstight-lipped about what proposals will be sent to Brussels, although reports suggest that many
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Monthly credit flow turns positive in Feb for first time since June 2012
EconomyMacroeconomytight on extended deposit outflows of 24.6 billion euros since December. Apart from a recovery
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Fitch downgrades Greek IDRs three notches to CCC, sees damage to recovery
Economyinstitutions and tight liquidity conditions in the domestic banking sector have put extreme pressure
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As reform talks continue in Brussels, Tsipras gauges reaction at home
PoliticsGreek Politicsthem regarding the reform list and the negotiations in Brussels. The government remained tight
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Tsipras makes his point in Moscow but leaves with nothing tangible
PoliticsGreek Politicsthat despite operating in an extremely tight economic framework it still has the capacity to make its own
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Lower spending, extra revenues result in budget execution beating targets in March
EconomyMacroeconomyto the prevailing (tight liquidity) conditions. It also added that after the stabilisation of those
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Newsletter 24 - 24/04/2015
to less than half of that amount. The government’s decision stems from the extremely tight liquidity
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