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  1. Car sales drop 2.5 pct in May for second successive month
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    percent from the low of 77,675 in 2012, the 2016 figure stood at just one third of the record high

    2%

  2. Eurosystem funding drops by 2.2 bln in May, mostly on further decrease in ELA reliance
    Photo by MacroPolis

    EconomyMacroeconomy

    for the fourth time in the last five months, with only one month (February) recording a modest

    2%

  3. Aided by underspend, budget primary surplus reaches 1.84 bln in 5-month, 792 mln above target
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    in April. Furthermore, the budget balance posted a deficit of 1.24 billion, down by almost one

    2%

  4. Primary cash balance posts deficit of 316 mln in first 5 months
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a year ago. As previously noted, this year’s figure includes a one-off item of around 2 billion

    2%

  5. Tsipras eyes next step after mixed Eurogroup deal
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to present a much more hopeful picture in the months ahead. One potential stumbling block in the immediate

    2%

  6. Credit contraction slightly accelerates to 1 pct in May on deductions of 395 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    (-24.4 percent). One of the biggest obstacles for the much-anticipated credit expansion remains

    2%

  7. Some relief for coalition but bold claims about programme exit a concern
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    threatened to block the next bailout disbursement to Greece if the matter was not resolved, as one

    2%

  8. BoG revises GDP forecast, stresses debt restructuring and reforms in monetary policy report
    Photo by MacroPolis

    EconomyMacroeconomy

    The Bank of Greece’s (BoG) monetary policy report, submitted to the Parliament last Friday, outlined a downwardly revised 2017 GDP forecast of 1.6 percent from 2.5 percent previously. The negative performance in Q4 2016, after growth in Q2 and Q3 is cited as one of the causes for this revision

    2%

  9. Some optimism for Cyprus talks but complex issues remain
    Photo via Flickr https://flic.kr/p/7bBypS

    PoliticsForeign Policy

    as of day one of the agreed solution It is understood, however, that what is really being discussed

    2%

  10. Parliament debate yields little, wait for bailout tranche goes on
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    to Greece if the matter was not resolved, as one of the experts is from Spain. Another issue

    2%