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ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 10.17 billion euros in June after increasing by 3.56 billion in May, according to the Bank of Greece's (BoG) monthly financial statement published on Monday... with pillar II guarantees (at 50.6 billion at the end of May), pillar III bonds, T-Bills and Greek
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S&P raises Greece’s rating by two notches in first upgrade since Sept 2014
Economy, the very weak current level of GDP may drive a statistical recovery commencing in late 2015 and early... and reopening of all branches as of July 29, the uncertain capitalization may hinder a return
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From the troika to the quartet
Agorarepayment to the European Central Bank (ECB). However, the growing speculation that Greece may have... an orderly conclusion of the negotiations. The Greek side may have an even greater incentive
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Bank recap and NPL management create conundrum in bailout talks
Economyidentifies capital shortfalls for one or more significant institutions, these may be covered by the capital... to a rumoured indicative timetable, the results of the assessment may be announced in October
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Trade deficit shrinks by 14.1 pct in June as fall in imports outpaces export decline
EconomyMacroeconomyGreece’s trade deficit fell for the second successive month in June, when it declined by 14.1 percent from 24.2 percent in May, according to the Hellenic Statistical Authority (ELSTAT). In absolute... for the first time since January, while were broadly flat in May (-0.04 percent) and positive in April
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Tsipras seen edging towards snap elections in September
PoliticsGreek Politicsas early as September 20 or 27. September 13 has also been mentioned but this may prove too early... was appointed between the May and June elections in 2012. The temporary prime minister is unlikely
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Industrial production drops by 1.6 pct for third successive month in July
EconomyMacroeconomyreading in the 7-month period with two months (May and June) recording a drop above the 4-percent... Commission displayed it fell by 4 points in August to -30.2, its lowest level since May 2009.
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Amid talk of post-election alliances, parties propose changes to bailout measures
PoliticsGreek Politicsmay be encouraged by the latest opinion poll by ProRata for Efimerida ton Syntakton newspaper, which... September 20, the points listed by Gennimata highlight that whatever difficulties there may
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Tsipras bid to focus campaign on corruption issue runs into trouble
PoliticsGreek Politicscontract with the Peloponnese Regional Authority in May, when he was part of the cabinet... in this campaign and SYRIZA main campaign theme has been sweeping away the old system. The blow may
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Hotel guest numbers up 8.7 percent in 2014
Economywas 22.03 million, leading to allegations that illegal accommodation may be on the rise. However... Turks (the vast majority of whom enter by car) and almost 500,000 Albanians, many of whom may be day
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