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  1. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    Greece’s budget primary surplus stood at 2.27 billion euros in the 5-month period of 2016 up by more than 50 percent from last year’s figure of 1.51 billion, the Finance Ministry (MoF) preliminary.... As a result, net revenues edged up by 1.2 percent to 17.25 billion in the 5-month period, outperforming target

    3%

  2. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    , only trimming the year to date figure which still shows a surplus of 855 million, up 41.1 percent... primary surplus stood at 2.27 billion in the 5-month period, with net revenues up by a modest 1.2

    3%

  3. Lenders' report reveals long-term savings from pension reform, which also offset court ruling
    Photo by MacroPolis

    EconomyProgramme

    a fiscal impact of 0.5 percent until 2018. This is seen edging up to 0.6 percent from 2019 onwards..., those measures are estimated to yield savings of 1.4 percent of GDP in 2019, 1.6 percent in 2020 up

    3%

  4. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    up 9.2 percent of total foreign arrivals in Greece, according to the BoG. However, travel receipts... 697 million pounds related to Greek exports to the UK. Pharmaceutical products made up 13.6 percent

    3%

  5. Credit contraction accelerates to 2 pct in May on increased loan deductions of 357 mln

    EconomyMacroeconomy

    Greek bank credit contraction edged up to 2 percent in May, after slowing to 1.9 percent in April, Bank of Greece (BoG) figures displayed on Monday. Net deductions increased to 357 million euros.... According to BoG, the NPE ratio rose to 44.2 percent at the end of last December, while edged up

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  6. From Berlin to Brexit
    Photo by MacroPolis

    Agora

    populists and nationalists to step in, holding the EU up as a convenient target for this festering... for each other's cultures and history, while not forcing anyone to give up their way of life. Perhaps

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  7. Opposition tries to pin government down over last year's Plan X
    Photo via Flickr https://flic.kr/p/7sxCd6

    PoliticsGreek Politics

    clarified on the website of the DiEM25 movement set up by Varoufakis. New Democracy chief Kyriakos... as a maverick who ended up pursuing his own agenda. Also, there are doubts as to what extent the Greek

    3%

  8. Coalition tweaks draft electoral law in hope of clinching supermajority
    Photo by MacroPolis

    PoliticsGreek Politics

    that the change would be effective immediately but the coalition has now cleared up any doubts. Should..., it would take the total number of votes up to 195. Independent MP Nikos Nikolopoulos and Thanassis

    3%

  9. Stournaras eyes easing of capital controls, updates on loan quality and NPL reduction targets

    EconomyMacroeconomy

    in the Greek market edged up to 45 percent at the end of March from 44.2 percent a quarter ago. The breakdown... the proportion of money deposited from abroad that can be withdrawn and allowing customers to withdraw up

    3%

  10. Tsipras eyes connection with voters through changes to constitution, electoral system

    PoliticsGreek Politics

    between the government and the judiciary over the hold-up in the Siemens cash-for-contracts trial. The prime minister showed no desire to let up in the criticism of the judicial system, arguing that some

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