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  1. PMI improves in May but points to further deterioration in manufacturing

    EconomyMacroeconomy

    , with new orders down for the ninth successive month. At the same time, the average purchase prices

    2%
  2. Minor movements in Greek deposit and loan rates in April

    EconomyMacroeconomy

    in the time deposit rate led the average rate on new deposits down by 1 bp accordingly to 1.12

    2%
  3. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    surprise came from tax refunds with their arrears down 63 million euros YtD to 692 million (14

    2%
  4. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    by mining and quarrying production, down 2.6 percent. Three of the five main industrial groupings posted

    2%
  5. Greece: After a deal, work on a solution
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    be expansionary until the economy has recovered its lost output and unemployment has come down

    2%
  6. Tsipras points to debt relief roadmap as deal clincher
    Photo by MacroPolis

    PoliticsGreek Politics

    Given that the government has backed down considerably from its pre-election positions and has

    2%
  7. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    expenditure fell by 4.8 percent in May, leading the 5-month figure down by 6 percent to 15.65 billion

    2%
  8. Greece and lenders talk at cross purposes, head for crisis summit
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    PoliticsGreek Politics

    to overcome in the next few days as it seems that neither side wants to be seen to be backing down. Caustic

    2%
  9. Tsipras faces lenders' wall in Brussels as political tension grows in Athens

    PoliticsGreek Politics

    in front of Tsipras are an attempt to bring down his government. This speculation has been fuelled

    2%
  10. Tsipras opts for referendum, leaving many issues open
    Photo by MacroPolis

    PoliticsGreek Politics

    or whether he would accept voters’ decision and step down. There are also doubts about the question

    2%