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  1. Newsletter 37 - 31/07/2015

    Newsletters

    . On the production front, foreign suppliers are requesting cash advances for the whole amount, even from

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  2. More than half of small businesses saw turnover dive by at least 50 pct due to capital controls
    Photo by MacroPolis

    Economy

    half of them used e-banking for their transactions with customers and suppliers, while 70 percent

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  3. Greek business feeling the pinch from capital controls
    Photo by MacroPolis

    Economy

    controls are widespread among all business cycles. On the production front, foreign suppliers

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  4. General gov't primary cash surplus markedly better in July but arrears climb

    EconomyMacroeconomy

    million corresponding to more than 13 percent of total arrears. Arrears due to hospitals’ suppliers also

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  5. S&P affirms Greek ratings at 'CCC+/C' with stable outlook

    Economy

    to suppliers would lead to SMEs becoming more liquid and thus faster pay wages and other overdue

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  6. Three months on from imposition of capital controls, some restrictions being relaxed

    Economy

    and payment of: overdue bank loans, unpaid tax or social security contributions and suppliers. • Our

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  7. PMI rebounded in September, but survey data still point to a downturn on lack of new orders

    EconomyMacroeconomy

    that led to shortages of raw materials at suppliers. Markit analysts concluded that “Greek manufacturers

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  8. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    . Arrears due to hospital suppliers also recorded a marked rise by 572 million YtD to 1.18 billion

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  9. Gas provides Greece, Cyprus and Israel chance to bolster ties
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    due to its diplomatic row with Russia, one of its major fuel suppliers. The third is to extend

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  10. Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
    Photo by MacroPolis

    EconomyFeatures

    Last week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes. Those following the struggles of the company could see

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