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  1. Industrial production rebounds 2.8 pct in April

    EconomyMacroeconomy

    percent) production. The most recent industry confidence indicator released by the European

    1%

  2. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    and the European Stability Mechanism are due on June 16. The Hellenic Republic Asset Development Fund

    1%

  3. First review completed but more prior actions lie ahead for Greece

    EconomyProgramme

    the Eurogroup and the meeting of the European Stability Mechanism (ESM) board due on Friday

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  4. Building activity falls by 11.5 pct in March for third straight decline
    Photo by MacroPolis

    EconomyMacroeconomy

    recent construction confidence indicator released by the European Commission rebounded by 6.9

    1%

  5. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    in May as banks proceeded to EFSF bond sales, following the relevant decision of the European Stability

    1%

  6. Labour laws already emerging as key issue for next bailout review

    PoliticsGreek Politics

    been weakened by the opinion of a European Court of Justice advocate general, who found

    1%

  7. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    of IMF loans with European Stability (ESM) loans. In addition, the BoG suggests that the primary surplus

    1%

  8. Turnover in services sector deteriorates in Q1

    EconomyMacroeconomy

    by the European Commission grew for the third straight month by 1.6 points to -11.4 in May, its highest

    1%

  9. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    , restoration of SMP and ANFA transfers and swap of IMF loans with European Stability Mechanism (ESM

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  10. In updated DSA, EC sees Greek debt as unsustainable if no relief measures implemented
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    EconomyProgramme

    In its compliance report for the first programme review, the European Commission (EC) included an updated debt sustainability analysis (DSA). This takes into account the milder recession and higher fiscal outcome in 2015 and lower bank capital needs. As a result, Greece’s debt to GDP ratio landed

    1%