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  1. Economic sentiment down 0.7 pts in June, consumer confidence also falls

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell for the fourth straight month in June, when it was down by 0.7 points to 90.7 from 91.4 in May, according to the European Commission (EC). The June headline figure is the lowest reading since August 2013. Since the beginning of the year, the ESI has dropped

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  2. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    institutions’ proposal. During a press briefing, the European Commission (EC) Vice President Dombrovskis said

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  3. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    implementing the last prior actions. According to the European Commission, fulfillment

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  4. Retail turnover fall accelerates to 3.3 pct in April
    Photo by MacroPolis

    EconomyMacroeconomy

    indicators released by the European Commission yesterday showed deteriorating trends for June. In particular

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  5. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    . These are estimated at 50 billion from October 2015 until the end of 2018 requiring new European money of at least

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  6. Yes or no, complex political developments lie ahead for Greece
    Photo by MacroPolis

    PoliticsGreek Politics

    economy, and July 20 (when Greece has to redeem a 3.5-billion-euro bond held by the European Central

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  7. Tsipras wins referendum but sceptical lenders, limited time stand in way of deal

    PoliticsGreek Politics

    of the International Monetary Fund and the European Central Bank. However, the result is likely to men

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  8. Strengthened Tsipras shows willingness for deal with lenders after "No"

    PoliticsGreek Politics

    to the European Central Bank, on which the Greek government is utterly reliant if it is going to have

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  9. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    The European Central Bank decided on Monday to maintain the Emergency Liquidity Assistance (ELA) limit for Greek banks at June 26 levels, when it was raised for the last time. This means that the ELA limit remains at around 89 billion euros. Although this could be perceived as a slim positive

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  10. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    Greece officially requested on Wednesday a new 3-year programme from the European Stability Mechanism (ESM) and is expected to send to the institutions a detailed reform and measure agenda on Thursday. The preliminary Debt Sustainability Analysis (DSA) published by the International Monetary Fund

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