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  1. The challenge in Greece: Funding an emerging economic recovery
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    more than record tourism numbers for this year and even more emphasis being put on the narrative

    3%

  2. Greek cash deficit to July narrows 78.3 pct to 1.72 bln

    EconomyMacroeconomy

    million lower than the respective budget figure. The 7-month Public Investment Budget (PIB) balance showed

    3%

  3. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    than offsetting lower property taxes (by 246 million) and other income tax (by 178 million

    3%

  4. Greek central government debt rises to 322.4 bln in Q2

    Economy

    (6.32 billion) more than offset by a net increase in Financial Support Mechanism (FSM) loans (by 7.85

    3%

  5. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    euros in July, lower than the 880 million posted in June. However, it remains well above the 7-month

    3%

  6. Greek economic sentiment and consumer confidence fall in August
    Photo by MacroPolis

    EconomyMacroeconomy

    it reached 79.6 points. Since then, it follows an upward trend with a cumulative increase of more than

    3%

  7. Greek deposits inch up in July, reaching 163.22 bln

    EconomyMacroeconomy

    from sight and savings more than offsetting time inflows of 975 million. Savings’ outflows are also

    3%

  8. Loan rates rebounded in July, deposit rates continued heading south
    Photo by MacroPolis

    EconomyMacroeconomy

    to the exceptionally high readings of the past 3 years, they remain 60-100 bps higher than those in other euro

    3%

  9. Greek primary cash surplus widens to 3.2 bln in 7-month
    Photo by MacroPolis

    EconomyMacroeconomy

    from a net decrease in the long-terms bonds by 6.7 billion more than offset by a net increase of 2.4

    3%

  10. Strong tourism season confirmed by Q2 accommodation turnover
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    the highest rise so far this year, at 29 percent to August. In 2013, more than half (55.4 percent

    3%