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  1. Reported widening of revenue shortfall in Feb as liquidity worries persist

    Economy

    from around 1 billion in January. According to capital.gr, the increase in the revenue gap by up... to the January figure than the total amount would reach 2.63 billion in line with target of 2.65 billion. Note

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  2. Eurobank posts loss of 523.7 mln in Q4 2014
    Photo by MacroPolis

    EconomyBanking

    in February making up two-thirds of total Eurosystem funding. The bank also disclosed it has ELA... percent, also down by 1 percent point QoQ. Eurobank's management stressed that key catalysts for a return

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  3. Greece sees deal by June 5 but size of gaps tells different story
    Photo by R/DV/RS via Flickr https://flic.kr/p/4JYvg5

    PoliticsGreek Politics

    . It also sees convergence on the planned VAT overhaul. However, the two sides are still said to be 1... to the IMF, which total around 1.5 billion euros. If Athens were able to do this, and pay the Fund

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  4. Greek SMEs face biggest obstacles to finance in euro area, ECB finds

    EconomyMacroeconomy

    identifying ‘access to finance’ as the most important problem they are facing. A total of 34 percent... remained by far the lowest. On a scale of 1 – 10, Greek SMEs rated importance of access to finance

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  5. Greece and lenders talk at cross purposes, head for crisis summit
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    PoliticsGreek Politics

    an increase in the ELA cap by 1.1 billion but reports suggested that around 1 billion euros was withdrawn... on this issue, which is in total contrast with the Greek government’s insistence that its creditors who

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  6. Greek stocks down by 11.3 pct for biggest weekly fall of last month

    Economy

    Telecommunication Organisation – OTE (-0.5 percent), Coca Cola Hellenic (-1 percent), GEKTERNA (-3 percent... amount, which imply a total dividend yield of 1.5 percent. No major corporate events are scheduled

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  7. What's likely to be in the next multi-bill of prior actions Greek MPs will vote on

    EconomyProgramme

    Directive (BRRD) and taxation of farmers.* On the pension reform front, as of January 1, 2023 the new... in excess of 100,000 euros are protected from a bail-in equal to 8 percent of total liabilities

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  8. Unemployment rate fell to 25 pct in May, its lowest level in the last three years
    Photo by MacroPolis

    EconomyMacroeconomy

    percent lower than in 2008, implying 1 million less employed over this 7-year period. The number... to 8.4 percent of total in June from 8.9 percent in May. The number of inactive people continued

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  9. Bank recap and NPL management create conundrum in bailout talks
    Photo by MacroPolis

    Economy

    Greek banks’ possible capital needs. In addition, a total envelope of up to 25 billion euros would... of the new bail-in directive - effective as of January 1, 2016 – that paves the way for a haircut

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  10. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    percent of part-time work was involuntary. It also noted that of the 1 million jobs lost during..., with these three sectors representing 68 percent of the total jobs losses. It also said the purchasing

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