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Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
PoliticsGreek Politicsconcessions the Greek side has won and how much it has had to give in on key issues such as pension..., this cannot be enforced by the prime minister as the Greek Constitution allows MPs to hold
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Sharp drop in gg primary surplus by end-April, arrears keep rising
EconomyMacroeconomythe extremely restrained liquidity position of Greek banks with extended outflows of 31.5 billion euros since December coupled with ECB decision to lift the waiver of Greek government securities previously
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Tsipras briefing suggests he is still searching for deal with lenders
PoliticsGreek Politicsthe release of 7.2 billion euros in bailout funds are unacceptable to the Greek government. He... in the form of Juncker, who in a joint statement with the Greek prime minister said a month ago
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Court orders 2012 pension cuts to be reversed, costing up to 1.5 bln
EconomyGreek parliament on November 7, 2012. It imposed progressive cuts in all public and private sector.... Greek courts have issued similar decisions on pensions and civil servants' pay in the past. The CoS also
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Building activity rises again in March as permits increase by 19.1 pct
EconomyMacroeconomyGreek building permits rose for the second successive month in March, when they increased by 19.1 percent compared to the 10.2 percent rise recorded in February, according to the Hellenic Statistical... incorporated in the ECB comprehensive assessment for Greek banks last October were suggesting a decline
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Credit contracts by slower rate of 2.1 pct in May
EconomyMacroeconomyGreek bank credit contraction further decelerated to 2.1 percent in May from 2.4 percent in April, according to the Bank of Greece (BoG). The May headline figure is the slowest drop since August 2011.... Greek bank credit shows a contraction persistently since January 2011 with net deductions of 35 billion
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Government sceptical about deal with lenders, PM with convincing to do
PoliticsGreek PoliticsThe mood within the Greek government ahead of Saturday’s Eurogroup appears negative, with some ministers playing down hopes of a deal and others suggesting the Prime Minister Alexis Tsipras should... three key elements: The end of austerity, an injection of liquidity and a restructuring of Greek debt
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Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
PoliticsGreek PoliticsGreek Prime Minister Alexis Tsipras appears to have turned down a last-minute attempt by the European Commission to reach a compromise and has suggested that he could stand down if Sunday’s... to extend the Greek programme for one month. 5) Tsipras and his government campaign for the “Yes” vote ahead
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Tsipras runs gauntlet as he seeks approval for proposals from cabinet, lenders
PoliticsGreek Politics, possibly only if an agreement has not been reached and preparations have to be made for a Greek exit from... that French technocrats and European Commission officials are helping the Greek government draft the document
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Consumer prices drop further by 2.2 pct in June
EconomyMacroeconomyThe Greek consumer price index (CPI) fell by 2.2 percent in June after a drop by 2.1 percent in the preceding two months, according to the Hellenic Statistical Authority (ELSTAT). This indicates... forecasted by the European Commission, the OECD and the Greek government.
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