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  1. Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    five months of the year. Arrivals from euro-denominated countries fell by 4.9 percent to 2 million

    8%
  2. Bonds enjoy great buoyancy but remain some distance from investment grade
    Photo by Panayiotis Tzamaros/Fosphotos

    Economy

    Greece’s borrowing costs have enjoyed an unprecedented period of buoyancy this year, which included the benchmark 10-year bond yield dropping from 4.4 percent in early 2019 to marginally below 2 percent yesterday. The decline in borrowing costs accelerated after the European Parliament elections

    8%
  3. Falling T-bill yields underline market confidence in Greek debt, promise lower servicing costs
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    at a yield of 0.23 percent. The coverage of the early July issue was 1.61 times with total offers exceeding 2

    8%
  4. Fitch leaves rating unchanged, notes recovery potential and tricky fiscal balance
    Photo by MacroPolis

    Economy

    , thanks to high primary surpluses and an average real growth of 2 percent. Debt sustainability Although

    8%
  5. Despite recent improvement, more than half of Greeks unable to afford one-week holiday
    Photo by Harry van Versendaal

    Society

    by 2 percentage points over the same time period. Although the percentage of Greeks unable to go

    8%
  6. Eurosystem funding rises by 64.9 mln in July
    Photo by MacroPolis

    EconomyMacroeconomy

    the publication of its regular ELA-ceiling bulletin as the amount had fallen below 2 billion euros. In March

    8%
  7. Current account balance surplus of 874.4 mln in June shows significant yoy improvement
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    , an increase of 2 billion euros was noted in residents’ external liabilities. In the first half

    8%
  8. What brought down Golden Dawn?
    Photo by Panayotis Tzamaros/Fosphotos

    Society

    came from LAOS, while 4 in 10 came from New Democracy and 2 in 10 from PASOK. Even

    8%
  9. Govt looks for ways to manage promised tax cuts as Mitsotakis continues European charm offensive
    Photo by MacroPolis

    PoliticsGreek Politics

    -government spending review is also hoped to generate up to 2 billion euros of savings. Ministries

    8%
  10. Athens boosted by Lagarde's comments on primary surplus, but no move due for now
    Photo by IMF https://flic.kr/p/zBf1FT

    PoliticsGreek Politics

    be “reviewed carefully” and reminded MEPs that the IMF feels the primary surplus should be between 1.5 and 2

    8%