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  1. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    or hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all

    2%
  2. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    the imposition of capital controls in late June. Housing prices and appraisals were negatively impacted

    2%
  3. Industrial production down by 4.5 pct in June for third monthly drop this year

    EconomyMacroeconomy

    displayed mixed trends. Energy and capital goods’ production posted a double-digit decrease of 14

    2%
  4. Early gains in Greek stocks cancelled out in second half of week

    Economy

    After a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent. This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls

    2%
  5. Eurogroup sets out key dates ahead for Greek programme

    EconomyProgramme

    an Asset Quality Review (AQR) and stress test - that is ongoing. Capital needs will be probably

    2%
  6. Looking in on the Greek elections from the outside
    Photo by MacroPolis

    Agora

    that prevents a sense of déjà vu is paramount in European capital cities. There is a sense

    2%
  7. No time for Tsipras to celebrate as long list of tasks means pressure is on from start

    EconomyProgramme

    by the end of the year. Since the ECB is expected to announce the banks’ capital needs in the second

    2%
  8. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    with property or capital income. 2) Identification of business income tax incentives and integrate

    2%
  9. Greece sees deposit inflows, of 449 mln, in August for first time since Sept 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    savings or sight accounts. Due to the capital controls, the manual renewal of time deposits

    2%
  10. Lenders set out 49 milestones for Greece to meet before next bailout tranche

    EconomyProgramme

    actions have to be implemented before the announcement of the capital needs, which is expected

    2%