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  1. The key points from Greece's proposal to lenders

    EconomyProgramme

    of the property does not exceed 200,000 euros, the annual family income is not higher than 35,00 euros and the total household assets do not exceed 270,000 of which deposits not higher than 15,000 euros. Energy 1

    3%
  2. PASOK elects new leader, hopes to stop slide and regroup

    PoliticsGreek Politics

    successor with more than 50 percent of the ballots cast (51.6 percent). An indication of how far PASOK’s popularity has plummeted is that less than 50,000 people voted for the three candidates on Sunday

    3%
  3. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    of primary surplus targets should be ensured via structural interventions rather than revenue... (35.6 percent). As expected, the NPE coverage ratio stands at lower than that of NPL at 44 percent

    3%
  4. Unemployment, cronyism and corruption fuel Greek brain drain
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    in ten earned more than that. As regards benefits, 66 percent said they had medical care, 54 percent... more than 2,000 euros a month.

    3%
  5. Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    million against the legacy tax debt in the 5-month period corresponding to more than half... remains better than target most likely due to the new settlement process. Nevertheless, the revenue

    3%
  6. Greek coalition braces for internal debate over agreement with lenders
    Photo by MacroPolis

    PoliticsGreek Politics

    at companies with large profits and individuals earning more than 30,000 euros a year. Tsipras... a more convincing commitment than his predecessor, Antonis Samaras, it could prove the missing piece

    3%
  7. Travel receipts rise by 16.3 pct in April on jump in arrivals

    EconomyMacroeconomy

    international tourist arrivals (up 39.1 percent) to 2.66 million more than offsetting a marked decrease... than the 17.5 percent recorded in the 4-month period of 2015. Excluding Athens, tourist arrivals

    3%
  8. Greece’s price index falls to second lowest point in 12 years
    Photo by MacroPolis

    Society

    Communications are hugely more expensive while prices for transport services are considerably cheaper than the EU average, according to data on price levels on consumer goods and services released by Eurostat last week. Based on price surveys covering more than 2,400 consumer goods and services

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

    Economy

    amount stood at 45.2 billion at the end of May. The recent net increase of more than 15 billion euros... presentations released in late May unencumbered ELA liquidity buffer of more than 38 billion with NBG

    3%
  10. Referendum and the ECB to determine the future of Greek banks
    Photo by MacroPolis

    Economy

    for Greek government bonds (GGBs) and less than 10 percent for T-Bills. Pillar II bonds made up 45... have disclosed they held an ELA liquidity buffer of more than 38 billion (NBG and Piraeus at 12

    3%