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Bank holiday to end but capital controls remain and some transactions forbidden
Economyactivities and the domestic economy in general.
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IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016
EconomyGreece 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 Foundation for Economic and Industrial Research (IOBE). Commenting on the recent agreement
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Fitch puts Greek banks' capital needs between 11.2 and 15.9 bln
Economyeconomy. In the second scenario, which is more severe, Fitch assumes NPEs would reach 59.7 percent
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New prior actions may prove obstacle as Athens talks intensify
PoliticsGreek Politicsat the General Accounting Office, the Finance Ministry and the Economy Ministry. Publicly, the Greek
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomyfor the health of the economy as a whole,” Markit highlighted.
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Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
Economyby the negative implications on the domestic economy and companies’ fundamentals from the imposition
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Greece and lenders appear close to third bailout deal, with few issues outstanding
EconomyProgrammeAfter lengthy meetings between the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis with the quartet of Greece’s lenders in Athens over the weekend, there is an increased optimism that an agreement for a new 3-year bailout programme could be clinched by Tuesday. Media
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Agreement on third bailout with revised fiscal and macro targets, host of prior actions
EconomyProgrammeFollowing an all-night meeting with the quartet of Greece’s lenders, the Greek Finance Minister Euclid Tsakalotos and Economy Minister Giorgos Stathakis said on Tuesday morning that discussions had been successfully concluded, apart from a couple of details relating to prior actions remain
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Concerns for SYRIZA mount as brief election campaign gets underway
PoliticsGreek PoliticsMinister Nikos Christodoulakis, also considered a safe pair of hands, takes over at the Economy Ministry
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Lack of new orders and sharp drop in production lead to weak PMI in August
EconomyMacroeconomypaints a disconcerting picture of the health of the Greek economy, as uncertainty builds around
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