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  1. Services help increase Greek current account surplus to 1.37 bln in June

    EconomyMacroeconomy

    in May. This month’s flow mainly reflects an inflow of 85.3 million related to the sale of a stake

    2%

  2. Worsening EU-Russia ties leave Greek coalition in precarious position
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    months (leftist leader Alexis Tsipras visited Moscow in May). The opposition party has been highly

    2%

  3. Greek central government debt rises to 322.4 bln in Q2

    Economy

    redemptions of 9.4 billion in May and the 5-year bond issue of 3 billion in April. The net rise in FSM loans

    2%

  4. Coalition warms to option of Kouvelis as president but success not guaranteed
    Photo by MacroPolis

    PoliticsGreek Politics

    after the May 25 vote.

    2%

  5. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    low of 400-500 million recorded in April and May. The first-half target of legacy debt payments of 1

    2%

  6. Rate of credit contraction rises to 3.7 pct in July, balances fall
    Photo by MacroPolis

    EconomyMacroeconomy

    is the highest monthly reading since May 2013. In June, net deductions stood at 324 million

    2%

  7. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    billion euros in May and the recognition of additional DTA (994 million). The management noted

    2%

  8. Samaras, Tsipras under pressure to deliver on plans for economic policy
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    The government has built up expectations regarding Prime Minister Antonis Samaras's economic policy speech at the Thessaloniki International Fair (TIF) on Saturday, September 6 but the political tone for the weeks to come may be set by SYRIZA leader Alexis Tsipras's address a week later

    2%

  9. Greek PMI up to 50.1 in August, employment and profitability still falling

    EconomyMacroeconomy

    Greece’s Manufacturing PMI resumed an upward trend for the first time since April, rising by 1.4 points to 50.1 in August from 48.7 in July, according to Markit. This was the first reading above the 50-point mark - which separates growth from contraction - since May. The factory output showed

    2%

  10. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    ) of the full year arrivals occurred in the summer season (June – August). Including those in May

    2%