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  1. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    forced a bank holiday and capital controls until July 6, one day after the referendum. This means... percentage points (pp) would leave the ELA liquidity buffer at around 6 billion, while a higher haircut

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  2. IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief

    EconomyProgramme

    entities to recycle cash surpluses around 6 billion out of the 10.7 billion ought to be consolidated... by September and financing needs until then would be covered by about 6 billion from the Hellenic

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  3. Greece submits proposals to lenders in hope of paving way for agreement

    EconomyProgramme

    of 6 percent on pharmaceuticals, books and theatre, 13 percent for basic food, energy, hotel... in nominal terms until 2021 ยท increase in the health contributions for pensioners from 4 to 6 percent

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  4. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    for deposit build-up of 4.5 billion (compared to 7.7 billion proposed by the IMF) 6) Privatization proceeds of 2.5 billion (versus 1.5 billion projected by the IMF) 7) General government cash surplus of 6

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  5. Tsipras suffers serious knocks in prior actions vote but emerges on his feet
    Photo by MacroPolis

    PoliticsGreek Politics

    signed on Monday in Brussels, while 64 voted against, 6 abstained and 1 was absent in the 300-seat... to marshal his party as 32 voted against, 6 abstained and 1 was absent. This means that out of 162... leads the Left Platform (which voted en masse against the bill), said after the vote that he

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  6. Revenue uptick unable to stop 7-mth primary surplus outperformance falling to 724 mln

    EconomyMacroeconomy

    FY target of 454 million) 6) Consumption and non-allocated expenditure (at 28.2 percent... with revenues and expenditure at just 6 and 44 million respectively. For the 7-month period, PIB

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  7. Opinion polls indicate fragmentation, close election race

    PoliticsGreek Politics

    at around 7 and 6 percent respectively 5) PASOK, which announced over the weekend that it will work... percent threshold to enter Parliament 6) In contrast, coalition partner Independent Greeks seems

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  8. Newsletter 41 - 04/09/2015

    Newsletters

    decided to pay the whole amount via credit card. While those taxpayers paid off the amount in 6 to 12... for vision they can believe in, Potami remains stuck at around the 6 percent it received in January

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  9. No let up ahead in terms of fiscal demands for new Greek government

    EconomyProgramme

    -reduced rate was set at 6 percent for pharmaceuticals, books and theatre and a reduced rate of 13... percent (from 11 percent) and for annual income above 12,000 euros to 35 percent (from 33 percent). 6

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  10. Lenders also require health and labour market reforms from gov't in next months

    EconomyProgramme

    for pensioners. In specific, health contributions for main pensions have been increased from 4 to 6 percent, while for supplementary pensions a similar rate of 6 percent was introduced for the first time

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