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Eurosystem funding drops by 3.9 bln in July on big decline in ELA
EconomyMacroeconomymonth, with ELA funding representing around 68.6 percent of the total withdrawn liquidity
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Primary cash balance posts deficit of 46 mln at end of July
EconomyMacroeconomyfigure fell by 680 million compared to last year. In total, expenditure increased by 1.41 billion
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Budget primary surplus at 3.02 bln in July, above target by 926 mln on strong underspend
EconomyMacroeconomyexactly matching the target. As a result, total expenditure dropped by 1.8 percent to 27.55 billion
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Eurobank records 40 mln net profits in Q2 and third quarter of negative NPE formation
EconomyBankingto be completed by October, the bank’s total capital ratio is seen at 17.1 percent. Eurobank is also
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Tsipras seeks coalition makeover before review pressure ramps up
PoliticsGreek Politics. The government has indicated that it would like to complete the review, which entails 95 prior actions in total
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Government gears up for third review while lenders await pending actions
PoliticsGreek Politicsof Assets and Participation (HCAP), is still pending. A total of 95 prior actions have to be ticked off
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Unemployment falls to 21.2 pct in June, lowest since Dec 2011
EconomyMacroeconomyto May, to total 1 million in June. The labour force rose slightly to 4.8 million in June
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Car sales rise by 31.3 pct in August
EconomyMacroeconomyof total monthly car sales. Around half of these were registered in the Attica prefecture. The aggregate
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Third review seen taking longer than Athens had hoped
PoliticsGreek Politicsthat more time will be needed to complete a total of 113 prior actions, 95 of which have to be ticked
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Eurosystem funding drops by 5.1 bln in Aug driven by ELA fall
EconomyMacroeconomyaround 68.1 percent of the total withdrawn liquidity. The collateral pledged with BoG and the ECB
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