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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
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Greek stocks rise by 16 pct during week on hopes of deal in Brussels
EconomyCentral Bank governing council has been assessing Greek banks’ liquidity needs on a daily basis
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Economic sentiment down 0.7 pts in June, consumer confidence also falls
EconomyMacroeconomyGreece’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
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Greek government's proposals to bridge gap with lenders appear to fall short
EconomyProgrammeabove 500,000 euros has been abolished. Pensions Greece accepts the full implementation of the 2010
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The lenders proposals on debt and funding needs that Greeks will vote on in referendum
EconomyProgrammeGreek 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
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S&P lowers Greek long-term rating by one notch to CCC-
Economy31 by Moody’s, on September 11 by S&P and on November 13 by Fitch. However, as has been evident
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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 referendum results in a “Yes” vote. Reports in the early hours of Tuesday morning suggested that European
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Where the key differences between Greece and the institutions lie
EconomyProgrammethe Greek government argues it has never officially received this proposal. The thorniest issue
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Retail turnover fall accelerates to 3.3 pct in April
EconomyMacroeconomyand 0.7 percent MoM. Over the past six years, retail trade has fallen by more than 28 percent mainly
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IMF preliminary DSA finds Greek debt unsustainable, points to need for debt relief
EconomyProgrammeThe IMF published today the preliminary Debt Sustainability Analysis (DSA) that has not, however, been agreed with the other institutions nor approved by its Executive Board. At the last review in May 2014, the IMF had projected debt to GDP ratio at 127.7 percent in 2020 and 117.2 percent in 2022
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