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  1. Greek government commits to new fiscal measures for third bailout

    EconomyMacroeconomy

    for 2016-19. Among others, the latter will include: 1) The second phase of pension reforms 2) Reform

    6%
  2. Greece commits to ambitious privatisation targets as part of new bailout

    EconomyProgramme

    prior actions: 1) Announce binding bid dates for Piraeus (OLP) and Thessaloniki (OLTH) port

    6%
  3. Record revenue shortfall of 2.83 bln in July shrinks primary surplus outperformance

    EconomyMacroeconomy

    by 2.83 billion. This is mainly attributed to: 1) SMP and ANFA income of 1.46 billion

    6%
  4. Lafazanis out of blocks early, announces anti-bailout party ahead of bailout vote

    PoliticsGreek Politics

    abstained and 1 was absent in the first vote on prior actions, while there were 31 Nos and 5

    6%
  5. Eurogroup approves 3rd bailout for Greece but expects swift, extensive action
    Photo by EU Council via Flickr https://flic.kr/p/gDK7GV

    EconomyProgramme

    a maturity of 35 years and carry an interest rate of 1 percent. The debt sustainability issue, along

    6%
  6. Current account in surplus for 2nd straight month in June but down 20 pct on 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's current account (C/A) balance displayed a surplus for the second successive month in June but it narrowed by 20 percent year on year (YoY), reaching 1 billion euros from 1.25 billion in 2014, according to the Bank of Greece (BoG). The YoY deterioration mainly reflects a widening

    6%
  7. Wages index falls 1.8 pct QoQ in Q1 2015 for the second successive quarter
    Photo by MacroPolis

    EconomyMacroeconomy

    before. The revision is based on: 1) The calculation of the wages index according to a fixed base

    6%
  8. Labour cost fall has not produced jobs, bemoans GSEE in study
    Photo by MacroPolis

    Society

    percent of part-time work was involuntary. It also noted that of the 1 million jobs lost during

    6%
  9. July credit contraction at 1.5 pct, slowest since Aug 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    -negative reading since August 2011. The outstanding balances fell by more than 1 billion month on month

    6%
  10. Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports

    EconomyMacroeconomy

    consumption increased 1 percent QoQ and 2.5 percent YoY accelerating from the reported growth rates in Q1

    6%