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  1. State budget primary surplus widens to 2.28 bln at end of July after rise in revenues

    EconomyMacroeconomy

    surplus is lower by 10.7 percent, while the budget deficit has narrowed by 10.1 percent. However

    2%
  2. Increased revenues push Greek budget primary surplus up to 2.28 bln at end of July

    EconomyMacroeconomy

    has narrowed by 10 percent. Is should be noted, though, that last year’s figures are not comparable

    2%
  3. Another 1 bln added in July to unpaid taxes in Greece, which total almost 68 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    unpaid tax obligations reached 7.24 billion euros. This means that new tax debt has been increasing

    2%
  4. Greek deposits inch up in July, reaching 163.22 bln

    EconomyMacroeconomy

    . Although deposit flow remains weak year to date, Greek banks’ Eurosystem reliance has dropped by 28.4

    2%
  5. Small but rare rise of 0.4 pct for Greek retail turnover in June
    Photo by MacroPolis

    EconomyMacroeconomy

    fuel has showed a resilient performance increasing by 6.8 percent. The latest confidence indicators

    2%
  6. Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
    Photo by MacroPolis

    EconomyMacroeconomy

    has experienced negative growth since the third quarter of 2008 but the rate of decline

    2%
  7. Samaras seeks late summer boost from talks with troika in Paris
    Photo by Taylor Miles via Flickr https://flic.kr/p/2AwnCQ

    PoliticsGreek Politics

    government, which has pinned its hopes of survival to securing an agreement with the troika

    2%
  8. Greek banks' Eurosystem funding declines by another 53 mln in August

    EconomyMacroeconomy

    May, while its YtD decline stands at 9.79 billion euros. Overall, Eurosystem funding has been reduced

    2%
  9. 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%
  10. 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%