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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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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammeof Greece fell to less than 1 billion at the end of May against a target of 5 billion in 2015 and 8
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Tsipras wins referendum but sceptical lenders, limited time stand in way of deal
PoliticsGreek Politicsenough liquidity to last them for more than two days. This is probably one of the reasons that Tsipras
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Strengthened Tsipras shows willingness for deal with lenders after "No"
PoliticsGreek Politicsthat might not be substantially better than the one which was already on the table a couple of weeks ago
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Who voted "No" in Sunday's referendum?
PoliticsGreek Politicsthat young Greeks voted against the Eurogroup’s proposals in far greater numbers than elderly citizens
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