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  1. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    30 percent down year on year, and 2.08 billion better than target. Revenues (before tax refunds

    12%
  2. Tsipras opts for referendum, leaving many issues open
    Photo by MacroPolis

    PoliticsGreek Politics

    as Greece’s programme extension is due to run out on June 30 and Greek banks will no longer

    12%
  3. Referendum call finds Greek banks teetering on the edge
    Photo by MacroPolis

    Economy

    The Eurogroup rejected on Saturday the Greek government’s proposal for a one-month extension of the current bailout programme, which expires on June 30, Greek banks are facing a dramatic situation. The challenge to the Greek banking system was immediately visible following Greek Prime Minister

    12%
  4. MPs vote for referendum amid growing uncertainty about euro membership
    By MacroPolis

    PoliticsGreek Politics

    the European part of Greece’s programme expires on June 30. However, the IMF chief added

    12%
  5. The political scenarios ahead for Greece after the referendum

    PoliticsGreek Politics

    PASOK and To Potami would be the most likely partners but given that they have just 30 seats (13

    12%
  6. Greek deposit rate almost stable, loan rate slightly up in May

    EconomyMacroeconomy

    in May. On corporate lending, there were two marked movements: 1) A drop by 30 bps in loans for amounts

    12%
  7. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    market. VAT On VAT, the government now wants to maintain only the 30 percent discount on islands. Note

    12%
  8. Referendum call stretches state liquidity, pensioners first to bear the brunt
    Photo by Damian Mac Con Uladh

    EconomyProgramme

    which corresponds to additional 30 million in need for the full amount payment. According

    12%
  9. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    account to cover debt servicing (payment to the IMF of 1.6 billion due on June 30). 2) The second

    12%
  10. Where the key differences between Greece and the institutions lie

    EconomyProgramme

    is the 30 percent discount on islands with the institutions proposing elimination of this discount, while

    12%