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  1. Greek banks' potential capital shortfalls set to be reduced by more than 2.5 bln
    Photo by MacroPolis

    Economy

    Greek media reported on Tuesday that the Ministry of Finance (MoF) will soon table in Parliament a draft bill which will allow the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit. The new legal framework has to be approved by the European Banking Authority (EBA) by September 30

    2%

  2. Greece sees travel receipts rise again in July to reach 2.74 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    . SETE has recently upgraded its full year projections on international tourist arrivals to 19.5 million

    2%

  3. Greece's troika talks begin with apparent deal on 2015 surplus
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    EconomyProgramme

    wants to roll out have yet to be discussed. The coalition has informed the Greek media that it intends

    2%

  4. A snapshot of Greek banks' ABS as ECB readies for next move
    Photo by MacroPolis

    Economy

    backed by mortgages) of almost 14 billion euros. NBG has the largest stock at 5.6 billion, followed

    2%

  5. DIMAR won't vote for coalition's presidential candidate, wants SYRIZA alliance
    Photo by MacroPolis

    PoliticsGreek Politics

    Prime Minister Antonis Samaras asked for a confidence vote next week so his government will gain more time to improve its fortunes before the process to elect a new president of the republic begins in February. Even before the confidence vote has taken place, though, the size of Samaras’s task

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  6. Retail sales rise in July for second straight month - not seen since 2010
    Photo by MacroPolis

    EconomyMacroeconomy

    percent increase posted in June. The July performance of retail turnover means that the index has risen

    2%

  7. SMEs, backbone of Greek economy, have shed 27 pct of jobs since 2008

    Economy

    third of its 2008 levels. Although the decline slowed in 2013, there has not yet been a recovery

    2%

  8. IMF lowers medium-term forecasts for Greek debt, 2014 financing needs

    Economy

    The International Monetary Fund has provided updated forecasts on the key Greek macro and fiscal figures in its latest World Economic Outlook (WEO) and Fiscal Monitor (FM) reports. Expectations for GDP growth remained unchanged at 0.6 and 2.9 percent for 2014 and 2015 respectively, in line

    2%

  9. Greek disposable income continues its slide in Q2, reached 29 pct during crisis

    EconomyMacroeconomy

    since Q4 2012. ELSTAT noted it has compiled non-financial sector accounts under the ESA 2010 system

    2%

  10. Venizelos under further pressure as PASOK grows ever more anxious
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    itself from New Democracy and opening up to the possibility of working with SYRIZA. Venizelos has so

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