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  1. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    sub-tranches of 2 and 1 billion respectively, the government has indicated it aims to pay arrears

    2%

  2. Banks' trading updates show slight improvement in core pre-provision income, deceleration in NPL formation
    Photo by MacroPolis

    Economy

    has currently an ELA cash buffer in excess of 4 billion. The non-performing loan (NPL) ratio rose

    2%

  3. Average wealth in Greece down by 17.1 pct since last year

    Society

    increase by 26.1 percent for the European average. Credit Suisse noted that Greece has been

    2%

  4. ELA funding drops by 1.58 bln in Sept for third straight fall
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding slipped for the third straight month in September, when it fell by 1.58 billion euros, the Bank of Greece's (BoG) monthly financial statement showed on Thursday. Overall, Central Bank funding has been reduced by 5.19 billion euros over the past three months

    2%

  5. Optimism and concern for Tsipras after EU summit on migration

    PoliticsForeign Policy

    . Greece has also taking a sceptical approach towards calls from some EU member states, including Germany

    2%

  6. Greek banks brace for recapitalisation, with Piraeus initiating a bond swap offer
    Photo by MacroPolis

    EconomyBanking

    be approved. The legal framework for the recapitalisation process has not yet been clarified

    2%

  7. Tax arrears jump to 1.47 bln in Sept as total for year reaches 8.39 bln

    Economy

    debt has risen by 5.79 billion so far this year, corresponding to 69 percent of total new unpaid

    2%

  8. Greece changing direction on energy policy, warms to US-backed projects
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    by saying: “The US has the cheapest natural gas, the Eastern Mediterranean is bringing new gas, we see

    2%

  9. NBG Q2 trading update shows higher pre-provision income, marked improvement in NPL formation
    Photo by MacroPolis

    EconomyBanking

    at the end of Q2, yet it has slipped by 2 billion to 25.6 billion at the end of September

    2%

  10. Bailout review resumes in Athens but substantial gap remains

    PoliticsGreek Politics

    with Katrougalos on pension reform has been set for Saturday morning.

    2%