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Primary cash balance posts deficit of 316 mln in first 5 months
EconomyMacroeconomyslipped by 98 million to 3.37 billion in May, which is the second lowest reading in the course
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Industrial turnover up for sixth straight month with 10.7 pct rise in April
EconomyMacroeconomyrepresented the second highest reading since June 2006. The rate of increase in April continues
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May is the cruelest month
Agoraalso push towards this direction. A ‘soft Brexit’ may further reduce the popular demand for a second
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Moody's upgrades Greek rating to 'Caa2', changes outlook to positive
Economy. The upgrade by Moody’s reflects the conclusion of the second programme review, the improved fiscal
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European Commission's DSA reveals serious concerns over debt sustainability, need for relief
EconomyProgrammeThe updated debt sustainability analysis (DSA) was included in the compliance report of the second programme review published by the European Commission (EC) on Friday afternoon. The DSA examines four scenarios and concludes that the resulting high debt and gross financing needs (GFN) ratios “point
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Deposit flow in positive territory at 638 mln in May
EconomyMacroeconomyThe deposit flow in the Greek banking system turned positive in May, with inflows of 638 million following outflows of 139 million in April, Bank of Greece (BoG) figures showed on Wednesday. This was the second positive reading in the first five months of the year after inflows of 278 million
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Some relief for coalition but bold claims about programme exit a concern
PoliticsGreek Politicsissued in July 2014. The second would aim to roll over a five-year bond that was issued in April 2014
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BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
EconomyMacroeconomy. Further factors in the revision are the long delays in concluding the second programme review that fed
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PASOK launches attempt to form alliance that would rival SYRIZA
PoliticsGreek Politicsabandoned. Instead, PASOK – through the proposed alliance – wants to challenge for second place
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Some optimism for Cyprus talks but complex issues remain
PoliticsForeign Policyend up in a dead-end in the absence of Guterres. The second is that negotiators could lead the talks
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