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  1. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    exceeding 1 billion euros per month. Indirect taxes continued were in line with the target despite

    13%
  2. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    followed by households at 246 million. The breakdown per segment showed loans to individuals & private non

    13%
  3. Political tremors shake Spain, overshadow economic progress
    Photo by 3Ro-Rokenublo via Flickr

    Agora

    sector. “The crises have demonstrated that Spain is too big to fail, as per systemic banks

    13%
  4. NPLs: The Achilles heel of the Greek banking system

    Agora

    . The breakdown per sector showed consumer credit NPLs remain at the top with their ratio at 47.3 percent (from

    13%
  5. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    to a rise of NPLs by 3.7 billion in Q1 – almost 1 billion per month. The latest figures provided

    13%
  6. Unpaid taxes rose by 1 bln a month in H1 2014, collection targets missed

    EconomyMacroeconomy

    of the year, implying that new tax debt has risen by an average of 1.04 billion per month this year

    13%
  7. UnLuCky for some: Another painful lesson from the euro crisis
    Photo by Harry van Versendaal

    Agora

    was a non-starter since producing more output per resource became impossible when more output was lost

    13%
  8. Don't let the facts get in the way of "Argentinology"
    Photo by Quim Pagans via Flickr

    Agora

    the figure of 2000. By July 2002, the peso had collapsed to 26 cents per peso from parity just a few

    13%
  9. The IMF crisis and how to solve it
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Agora

    , the Fund was asked to defend its support of measures to seize 10 per cent of all Cypriot bank deposits

    13%
  10. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    period. This implies that the tax debt is increasing on average by 1.04 billion per month in 2014

    13%