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  1. S&P downgrades Greece, sees economy shrinking by 1.5 pct in 2015

    Economy

    with institutional creditors conclude soon. The rating agency revised its previous estimate (released a month ago

    2%
  2. S&P moves Greece down a notch to CCC, maintains recession forecast

    Economy

    weak and growth prospects muted. The rating agency retains its previous estimate calling for a GDP

    2%
  3. What the ECB's latest decision on ELA and collateral haircuts means for Greek banks
    Photo by MacroPolis

    Economy

    collateral. The haircut increase was not disclosed but we estimate it would not have an immediate significant

    2%
  4. Most Greek businesses feel capital controls impact, 69 pct see turnover drop

    Economy

    of the surveyed firms said they estimate capital controls will remain intact for more than 3 month

    2%
  5. Early rounds of talks with lenders focus on possible prior actions

    EconomyProgramme

    , in the middle of the EC's recent estimate of 2 - 4 percent. In addition, despite the VAT reshuffling

    2%
  6. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    in building permits, it is premature to estimate a rebound for the whole year, particularly after

    2%
  7. Greek QE eligibility? We're not there yet
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    Agora

    and calculations, we estimate that the maximum amount of GGBs that the ECB could purchase up to the 33 percent

    2%
  8. Greece passes latest omnibus bill, looks to next actions ahead
    Photo by MacroPolis

    EconomyProgramme

    estimate of 2.3 percent for this year. The Commission is now projecting a slower GDP contraction of 1.4

    2%
  9. Fitch affirms Greece’s rating, projects GDP to contract 0.3 pct in 2015
    Photo by MacroPolis

    Economy

    in 2015 and 1.5 percent in 2016. Fitch’s estimate for 2015 GDP contraction is the lowest by any

    2%
  10. Progress in bailout talks but foreclosures and NPL management stand in way of agreement

    EconomyProgramme

    0.3 percent this year, which is the lowest recession estimate by any organization so far.

    2%