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  1. Unemployment, cronyism and corruption fuel Greek brain drain
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    wave of young people is not due solely to the economic crisis, but it has been strengthened by it. When

    2%

  2. Unpaid taxes rise by 1.03 bln in May, taking total to 77.88 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    . This means there has been an average monthly increase of 1.05 billion in the course of 2015, which

    2%

  3. Greece's updated proposals to lenders and how they compare to previous efforts

    EconomyProgramme

    The leaked details of the updated "parametric" measures the Greek government has sent to the institutions show that Athens's target is to collect revenues of 2.69 billion euros (1.51 percent of GDP) in 2015 and 5.21 billion (2.87 percent of GDP) in 2016. Compared to the previous list submitted one

    2%

  4. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    on a weekly basis (from bi-weekly in the prior two months). Since the end of May, the ELA limit has been

    2%

  5. Deposit outflows eased to 3.86 bln in May, balance below 130 bln

    EconomyMacroeconomy

    . In the course of June, ECB has further increased the ELA limit for Greek banks close to 88 billion on June 22

    2%

  6. Greek stocks rise by 16 pct during week on hopes of deal in Brussels

    Economy

    Central Bank governing council has been assessing Greek banks’ liquidity needs on a daily basis

    2%

  7. Economic sentiment down 0.7 pts in June, consumer confidence also falls

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) fell for the fourth straight month in June, when it was down by 0.7 points to 90.7 from 91.4 in May, according to the European Commission (EC). The June headline figure is the lowest reading since August 2013. Since the beginning of the year, the ESI has dropped

    2%

  8. Greek government's proposals to bridge gap with lenders appear to fall short

    EconomyProgramme

    above 500,000 euros has been abolished. Pensions Greece accepts the full implementation of the 2010

    2%

  9. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    Greek Parliament has published (in Greek) the preliminary debt sustainability analysis (DSA) as well as another document with Greece’s financing needs and timetable of disbursements that accompanied the institutions proposal to Athens on June 25. These documents along with the prior actions

    2%

  10. S&P lowers Greek long-term rating by one notch to CCC-

    Economy

    31 by Moody’s, on September 11 by S&P and on November 13 by Fitch. However, as has been evident

    2%