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S&P moves Greece down a notch to CCC, maintains recession forecast
Economyor negative development could prompt a rating action earlier than expected.
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Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
EconomyMacroeconomy’ (more than 1 year) unemployed slightly rose to 910,600, after decreasing in the prior three quarters
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A Greek proposal that deserves to be heard
Agoratranche disbursal and the drama that comes with that. On more than one occasion, Greece’s lenders have
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Building activity rises again in March as permits increase by 19.1 pct
EconomyMacroeconomy, which are also indirectly related to building activity, has shown a contraction by more than 14 percent
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Another week of losses for Greek stock market amid topsy-turvy ride
Economythey have plunged by more than 37 percent since January elections. It is also noteworthy that three
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A closer look at Greece's revised proposals to lenders
EconomyProgrammefrom VAT reform of 680 million euros in 2015 and 1.36 billion in 2016. The latter is higher than
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Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
EconomyMacroeconomyDecember 2014 to more than 88 billion currently, reflects: 1) Replacement of ECB with ELA funding
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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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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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