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  1. Greek 2016 draft budget contains 6.4 bln in new fiscal measures, sees recession ahead

    EconomyMacroeconomy

    , the MoF expects a recession of 2.3 percent for the whole year. This reflects a drop in private

    2%
  2. Greek banks' ELA ceiling lowered by 1 bln on improved liquidity conditions
    Bank of Greece

    EconomyMacroeconomy

    it landed at 83.95 billion at the end of August, following a drop by 1.48 billion in July and another

    2%
  3. Refugee influx pushes Tsipras towards crisis nexus

    Agora

    . Arrivals by sea will drop off but there will still be great pressure to register and house the refugees

    2%
  4. Crumbling Greek pension system threatens big fiscal gap, budget derailment
    Photo by MacroPolis

    Economy

    (YoY). Despite a drop in expenditure by 7.5 percent to 19.46 billion, the higher decline

    2%
  5. Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014
    Photo by Harry van Versendaal

    Economy

    , while the cumulative drop in imports was 9.9 percent, higher than the March rate of 8.8 percent

    2%
  6. Committee of wise men proposes drastic changes to Greece's pension system

    Economy

    and 14.6 percent in Agricultural Insurance Organisation (OGA). Between 2011 and 2013, the drop

    2%
  7. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    easing 0.5 percent QoQ. As expected, Greek deposits posted a high single-digit drop by 9.1 percent

    2%
  8. Final structure of bank recap taking shape, cautious optimism for outcome
    Photo by MacroPolis

    Economy

    plummeted to just 3.2 billion, following a sharp drop in bank share prices that started in December 2014

    2%
  9. Banking system showed deposit inflows for second straight month, at 531 mln in Sept
    Photo by MacroPolis

    EconomyMacroeconomy

    in September were accompanied by a drop in banknotes in circulation by 920 million. Over the past ten

    2%
  10. Business indicators rise for second successive month in October
    Photo by Sebastien Bertrand via Flickr https://flic.kr/p/7ZRenG

    Economy

    confidence posts a drop by 5.7 points, albeit with high monthly fluctuation. In specific, the indicator

    2%