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  1. Eurosystem funding falls by 4.56 bln in June to 16.31 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    -on-month (MoM), the Bank of Greece's (BoG) monthly financial statement has revealed. In May, the MoM... bank funding to 16.31 billion euros for the month compared to May’s total of 20.87 billion, taking... billion euros, while that for the ECB fell by 2.24 billion after having increased by 60 million in May

    2%

  2. Budget primary surplus at 617 mln in June as expenditure continues to fall below target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    revenues increased by 1.1 percent year-on-year (YoY) to 3.73 billion, rising against May’s figure... expenditure rose to 4.28 billion for the month of June, higher than the figure of 3.43 billion in May... PIB revenues increased to 126 million in June from 30 million in May, above target by 42 million

    2%

  3. Deposits inflows in June reach 1.36 bln for fifth month of positive readings
    Photo by MacroPolis

    EconomyMacroeconomy

    in June, building on inflows of 919.4 million in May, Bank of Greece (BoG) figures revealed... million, reversing the decline of 104.1 million noted in May. For the first six months of the year, flows... to 16.31 billion, dropping notably from May’s total of 20.87 billion.

    2%

  4. Is a lack of spending hampering Greece's firefighting capabilities?

    Society

    may surprise austerity critics. Total expenditure on fire protection (an aggregate figure combining... squeezes may have played a part in the tragic events at Mati, but their role was probably marginal... than assumed, and it may be that we should look more closely at how municipal funds were allocated

    2%

  5. Retail turnover in June grows strongly led by fuel and supermarket sales
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent rise in May, Hellenic Statistical Authority (ELSTAT) data showed on Friday. The headline index... down 4.2 percent growth in May. As with the sales index, February has been the only month this year... to 74.4 from 74.1 in May, while volumes stayed flat at 73.2. The latest business indicators for August

    2%

  6. Tsipras pledges array of tax cuts, hopes for break on pensions
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    most observers expect to take place in May despite the prime minister’s insistence... that the coalition may collapse following the vote on the settlement. However, Tsipras said on Sunday... to snap elections in May, without Kammenos coming under pressure to withdraw his support

    2%

  7. Developments, poll data spark new round of speculation over elections
    Photo by MacroPolis

    PoliticsGreek Politics

    of Greece, although 36 percent support the deal. May vote Tsipras and SYRIZA officials will hope, though... at the same time as the European and local votes towards the end of May still seems the most likely... date a foregone conclusion. A general election in May or later would also ensure that the current

    2%

  8. Name deal uncertainty set to continue despite ANEL attempt to clarify stance
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    of the deal. It may still be the case that they will support it in Parliament, which could lead to them... days that To Potami leader Stavros Theodorakis may strike a pre-election deal with New Democracy... MPs a path into Parliament at the next elections. This may prove a strong temptation for Theodorakis

    2%

  9. Merkel backing for name deal overshadowed by coalition leaders' crucial talks
    Photo by Andrea Bonetti/Fosphotos

    PoliticsGreek Politics

    . Reports on Friday suggest that Tsipras may even meet with Greek President Prokopis Pavlopoulos... for to avoid calling snap elections. To Potami MP Spyros Danellis is seen as another deputy that may... that Tsipras is expecting to pick up four votes for the name deal from To Potami, this may be an obstacle

    2%

  10. Tsipras goes big on minimum wage, hoping to enhance election hopes
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to distract voters’ attention from the Macedonia name deal. It appears that the centre-right party may invest... of remaining in power until the autumn and not calling snap elections in May, which has been..., European Parliament elections at the end of May could prove damaging for SYRIZA, sending the message

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