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Eurosystem funding down by 3.29 bln to 13.02 bln in July
EconomyMacroeconomydeleveraging and an uptick in deposit inflows. The latest reduction points to a stepping up... funding made up the majority of total liquidity at 62.8 percent. In July, ELA collateral pledged
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Under relentless pressure from opponents, Tsipras unveils plans for new crisis agency
PoliticsGreek Politicsof a political comeback. Election build-up In the current circumstances, the coalition cannot go... planning violations. Knowing that Tsipras is on the defensive, New Democracy has kept up the pressure
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Tsipras seeks to capitalise on bailout exit, build platform for elections
PoliticsGreek PoliticsPrime Minister Alexis Tsipras is gearing up to make a public address on Monday or Tuesday to mark the end of Greece’s third and final programme. His aim will be not just to highlight the symbolism... during its first three years in power. Other measures being lined up include reducing the basic rate
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Budget primary surplus confirmed at 2.05 bln in July on lower PIB expenditure
EconomyMacroeconomyin June. Revenues Monthly gross revenues edged up by 0.7 percent year-on-year (YoY) to 5.32 billion, up
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SYRIZA elects new secretary as Tsipras sets stage for election contest
PoliticsGreek Politicswould like in the run-up to the next elections. Apart from the fact it helps rally SYRIZA members... on SYRIZA which could help create a more polarized atmosphere in what is shaping up to be a prolonged
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Tsipras conducts varied reshuffle in further bid to revitalise coalition
PoliticsGreek PoliticsFollowing weeks of speculation, Prime Minister Alexis Tsipras unveiled his new cabinet on Tuesday, announcing a range of changes but making few eye-catching appointments. The new ministerial line-up... scrutiny. Also, New Democracy has pushed the law and order issue up the political agenda over recent
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Tsipras to set out path for new cabinet as pension discussion looms
PoliticsGreek Politics). It will also be a chance for Tsipras to tee up his speech at the Thessaloniki Expo on September 8, when he... the role of an observer. The issue is likely to come up at the meeting of the Euro Working Group due
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Eurobank sees net profits of 1.1 mln in Q2, NPEs continue to fall
EconomyBankingstable QoQ, edging up by a slight 0.3 percent to 355.9 million. On an aggregate basis, NII fell by 1.5... picked up and confidence begins to return due to Greece’s programme exit, he said that the conditions
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Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyGreece’s Manufacturing PMI edged up to 53.9 points in August from 53.5 in July, staying over the 50-mark threshold for 15 straight months as confidence in the sector remains solid. Greece’s... of new business picked up pace in August and although it is not of the same scale as the start
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New overdue taxes rise by 377 mln in July, total stock above 102 bln for second month
EconomyMacroeconomy. The collectability rate for the month stood at 69.5 percent, up from 56.8 percent in the previous month... (excluding non-tax categories) picked up to 20.3 percent in July from 18.7 percent in June. The revenue
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