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  1. 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

    2%

  2. NBG completes sale of Finansbank to Qatar National Bank
    Photo by MacroPolis

    EconomyBanking

    in May implying the nominal value stood close to 3 billion. The ELA funding cost stands 150 basis

    2%

  3. Despite strong rebound on Friday, Greek stocks dive 5.2 pct during week
    Photo via www.helex.com

    Economy

    , banks fell 7.3 percent this week. They have lost 19.4 percent of their value since the end of May. All

    2%

  4. Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease

    EconomyMacroeconomy

    and related products (+15.5 percent). The Markit’s Manufacturing PMI fell by 1.3 points to 48.4 in May

    2%

  5. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    tourist arrivals at the main Greek airports increased by 3.7 percent in May and by 5 percent n

    2%

  6. Athens sweats on outcome of UK referendum
    Photo via Flickr https://flic.kr/p/AVZDxh

    PoliticsForeign Policy

    of the Franco-German alliance within the EU, prompting concern that the idea of a two-speed Europe may

    2%

  7. Brexit and Grexit – Britain’s referendum and Greece

    Agora

    or live in Britain. Most economists agree the pound will slump and British tourists to Greece may have

    2%

  8. ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyBanking

    for Emergency Liquidity Assistance (ELA) funding may be switched to ECB funding. This entails lower

    2%

  9. Newsletter 79 - 24/06/2016

    Newsletters

    in April. Tsipras calls for EU change after Brexit Government's plans for electoral reform may be too

    2%

  10. SYRIZA to suggest switch to proportional representation, schedules congress for Oct
    Photo by MacroPolis

    PoliticsGreek Politics

    representation for years and may have the backing of PASOK and To Potami over this issue. Both opposition

    2%