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Tsipras needs to sign a deal, but which one?
Agorawas signed, no government has been able to survive intact for more than about 18 months. The pressure
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Greece works on new proposals as EU rules out political deal on Monday
PoliticsGreek Politicsof concessions would come from political leaders rather than finance minister or technocrats. Tusk
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Eurogroup inconclusive on new Greek proposals but opens path for agreement
PoliticsGreek Politicsbe decided on a daily - rather than weekly - basis. On Monday, the ECB Governing Council increased
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyDecember 2014 to more than 88 billion currently, reflects: 1) Replacement of ECB with ELA funding
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As Greek deadline looms, this is how the next days could play out
EconomyProgrammeis a “a political decision” rather than one to do with liquidity. He said that Greece paid 300
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Deposit outflows eased to 3.86 bln in May, balance below 130 bln
EconomyMacroeconomy. The rise by more than 8 billion of the ELA cap within June implies a similar amount of deposit outflows
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Tsipras opts for referendum, leaving many issues open
PoliticsGreek Politicsthan 50 percent of Greeks were in favour of Tsipras accepting a deal with lenders, even if it meant
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PMI falls to 46.9 pts in June in ten straight months of contraction
EconomyMacroeconomy– to fall even faster than May” Markit noted.
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S&P lowers Greek long-term rating by one notch to CCC-
Economyseveral times throughout this year, a significant development could trigger a rating action earlier than
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyand 0.7 percent MoM. Over the past six years, retail trade has fallen by more than 28 percent mainly
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