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  1. S&P raises Greece’s rating by two notches in first upgrade since Sept 2014

    Economy

    , the very weak current level of GDP may drive a statistical recovery commencing in late 2015 and early... and reopening of all branches as of July 29, the uncertain capitalization may hinder a return

    2%

  2. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    Greece is expected to experience a significant recession this year and a milder one next year, while unemployment may edge up this year, according to the latest report on the Greek economy published... or slightly lower compared to last year. In addition, the reshuffling of the VAT rates may mitigate

    2%

  3. From the troika to the quartet
    Photo by Harry van Versendaal

    Agora

    repayment to the European Central Bank (ECB). However, the growing speculation that Greece may have... an orderly conclusion of the negotiations. The Greek side may have an even greater incentive

    2%

  4. Bank recap and NPL management create conundrum in bailout talks
    Photo by MacroPolis

    Economy

    identifies capital shortfalls for one or more significant institutions, these may be covered by the capital... to a rumoured indicative timetable, the results of the assessment may be announced in October

    2%

  5. Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline

    EconomyMacroeconomy

    Greece’s trade deficit fell for the second successive month in June, when it declined by 14.1 percent from 24.2 percent in May, according to the Hellenic Statistical Authority (ELSTAT). In absolute... for the first time since January, while were broadly flat in May (-0.04 percent) and positive in April

    2%

  6. Tsipras seen edging towards snap elections in September
    Photo by MacroPolis

    PoliticsGreek Politics

    as early as September 20 or 27. September 13 has also been mentioned but this may prove too early... was appointed between the May and June elections in 2012. The temporary prime minister is unlikely

    2%

  7. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    . Although C/A balance displayed a surplus in June and May, the first half figure points to a deficit of 1.72... in June from 5.2 billion in May. Compared to last year, they modestly grew by 0.1 billion

    2%

  8. Industrial production drops by 1.6 pct for third successive month in July

    EconomyMacroeconomy

    reading in the 7-month period with two months (May and June) recording a drop above the 4-percent... Commission displayed it fell by 4 points in August to -30.2, its lowest level since May 2009.

    2%

  9. Amid talk of post-election alliances, parties propose changes to bailout measures

    PoliticsGreek Politics

    may be encouraged by the latest opinion poll by ProRata for Efimerida ton Syntakton newspaper, which... September 20, the points listed by Gennimata highlight that whatever difficulties there may

    2%

  10. Tsipras bid to focus campaign on corruption issue runs into trouble
    Photo by MacroPolis

    PoliticsGreek Politics

    contract with the Peloponnese Regional Authority in May, when he was part of the cabinet... in this campaign and SYRIZA main campaign theme has been sweeping away the old system. The blow may

    2%