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Greek bank credit contracts by 2.5 pct in March
EconomyMacroeconomyof progress in negotiations with institutions coupled with banks’ extremely tight liquidity conditions
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New fiscal measures aim to edge Greece closer to deal with lenders
EconomyMacroeconomytight fiscal position and the imminent need to cover the gap for 2015, it looks almost certain
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This is how Greece kept its budget on track in Q1
Agorain its existing format due to the country’s tight fiscal position and revenue lag in Q1
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General gov't primary surplus halves in Q1, arrears and guarantees jump
EconomyMacroeconomy, and make up almost 87 percent of total gg guarantees. This is attributed to the extremely tight
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Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013
EconomyMacroeconomy. The continued declining trend mainly reflects oversupply, lack of demand, banks’ tight liquidity
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Eurogroup leaves Greece in limbo, with liquidity drying up
PoliticsGreek Politicsany major difficulty in meeting its obligations. The government’s tight liquidity position
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Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
EconomyMacroeconomythe government and the institutions, coupled with the tight liquidity conditions have taken their toll
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Budget primary surplus grows in April thanks to one-off revenues and restricted spending
EconomyMacroeconomymainly reflects the rearrangement of cash payments projection, according to the prevailing (tight
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Fitch keeps Greece's rating at 'CCC'
EconomyIn its scheduled rating review on Friday, Fitch affirmed Greece’s rating at ‘CCC’, where it was initially placed on March 28. The rating agency highlights that lack of market access and uncertain prospects of timely disbursement from the official creditors coupled with tight liquidity conditions
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Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April
Economyabove the target despite the state’s tight liquidity condition. Overall, the 4-month net revenues rose
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