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  1. Athens struggles with civil service evaluation, reduction of arrears
    Photo by MacroPolis

    EconomyProgramme

    The Greek government has its hands full at the moment with the effort to complete as many prior actions as possible from the fourth review so there can be a staff-level agreement by the May 24... the European Commission, the ECB and the IMF, return to Athens in mid-May,” he said

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  2. Piraeus Bank posts net loss of 80 mln in Q1
    Image via www.piraeusbank.gr

    EconomyBanking

    Assistance (ELA) funding dropped to 2.1 billion in March, falling by another 1 billion euros in mid May..., the results of which were brought forward for Greek banks and published on May 5, Piraeus Bank posted

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  3. Newsletter 161 -11/05/2018

    Newsletters

    by May 24 but the apparent lack of progress in completing the 88 prior actions has led to some... since the end of 2017. The average CPI for the 12-month period from May 2017 to April 2018 was 0.6

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  4. Ministers urged to speed up reforms as Athens prepares for lenders to return
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    Prime Minister Alexis Tsipras is making a fresh push so his government can progress enough with the fourth review prior actions so there can be a staff-level agreement on May 24, when eurozone... of the trip, a staff-level agreement can be prepared for May 24. Not all prior actions must be completed

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  5. Greece and creditors reach SLA - legislation of reforms and debt relief talks next
    Photo by Panyiotis Tzamaros/Fosphotos

    EconomyProgramme

    by the Eurogroup when it meets on May 24. “The Greek authorities aim to implement these measures as swiftly... to be wrapped up by May 24 as well, leaving just the formalities to be arranged by June 21. In his

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  6. An uncertain and wasted year for Italy
    Photo by MacroPolis

    Agora

    PM-designate Carlo Cottarelli is expected to submit his cabinet composition to President Sergio Mattarella on Tuesday, May 29. Within ten days from the oath-taking ceremony, the new government... by the League due to his well-known hawkish stance on the Euro. The M5S and the League may seek to use

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  7. Eurobank net profits at 34.5 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    , and fell by an additional 1.9 billion to 5.2 billion in May 2018. Management noted that currently, over 90... of which were brought forward for Greek banks and published on May 5, no capital shortfall was noted

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  8. Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing

    EconomyMacroeconomy

    to 71.9. The latest business indicators for May published by the European Commission on Wednesday put.... Consumer confidence dropped by 2.2 points in May to -51, following an increase by 4 points to -48.8

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  9. Industrial production increases by 1.9 pct in April, March revised upwards
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    reading as of May showed that industry confidence declined by 0.3 points month-on-month to -1.5, staying.... Additionally, the latest Markit Manufacturing PMI came to 54.2 points in May, marking a full year during

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  10. What the ECB did next - a tale from another crisis
    Photo by MacroPolis

    Agora

    some insight on how things may turn out for Italy. The following argues that Italy in 2018 may come

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