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Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
Economy, thanks to high primary surpluses and an average real growth of 2 percent. Debt sustainability Although
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Despite recent improvement, more than half of Greeks unable to afford one-week holiday
Societyby 2 percentage points over the same time period. Although the percentage of Greeks unable to go
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Athens hopes lower bond yields strengthen case for reducing fiscal targets
EconomyProgrammebelow 2 percent and the yield of just 0.15 percent for the rollover of 6 months T-bills, he argued
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Eurosystem funding rises by 64.9 mln in July
EconomyMacroeconomythe publication of its regular ELA-ceiling bulletin as the amount had fallen below 2 billion euros. In March
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomy, an increase of 2 billion euros was noted in residents’ external liabilities. In the first half
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Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
PoliticsGreek Politics-government spending review is also hoped to generate up to 2 billion euros of savings. Ministries
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Eurobank net profits at 6 mln in Q2 amid increasing securitisations
EconomyBankingremained a priority. The deal with PIMCO for a 2 billion euro NPE securitsation , marked another
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Athens boosted by Lagarde's comments on primary surplus, but no move due for now
PoliticsGreek Politicsbe “reviewed carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2
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Trade deficit rises by 6.3 pct in July
EconomyMacroeconomy. Excluding the value of oil products and ships, the trade deficit increased by 2 percent YoY in July
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ND unveils development bill it sees as catalyst for growth
PoliticsGreek Politicsperiod longer than 2 months and face stiff fines if they are employing undeclared staff.
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