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  1. Drop in CPI slowed to 0.7 pct in June
    Photo by MacroPolis

    EconomyMacroeconomy

    . The Greek economy has been in deflation over the past 40 months, since March 2013 when the CPI turned

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  2. IMF sets out key priorities for Greece, including labour market flexibility
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    Economy

    memorandum of understanding (MoU), the Greek government has to launch as a prior action a consultation

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  3. Eurosystem funding falls 8.6 bln in June in aftermath of waiver reinstatement
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    . Since June 2015, when Eurosystem funding peaked to 126.57 billion, it has been trimmed by 39.43

    2%

  4. Budget primary surplus of 2.5 bln in first half of 2016, revenues rebound in June

    EconomyMacroeconomy

    of the years, while has significantly slowed in May and June. Nevertheless, lower than target primary

    2%

  5. Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop

    EconomyMacroeconomy

    Greece’s Turnover Index in Industry continued its downswing in May, diving by 13.4 percent after a downward revised 14.3 percent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday. Industrial turnover has been in negative territory for 20 successive months (since

    2%

  6. Parliament's budget office sees risks to economic recovery
    Photo via Flickr https://flic.kr/p/7sxCd6

    EconomyMacroeconomy

    framework has not yet stabilised, while the ambivalence of some government members, the strong stance

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  7. Sallas exit from Piraeus marks end of era in Greek banking sector
    Photo by MacroPolis

    EconomyBanking

    appraisal, the Bank of Greece has to assess if bank’s BoDs and management have been aligned with HFSF

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  8. Increase in overdue contributions accelerates to 831 mln in Q2 as total reaches 16.6 bln
    Photo by MacroPolis

    Economy

    months of 2015. Since its establishment in 2013, KEAO has collected revenues of 1.38 million, of which

    2%

  9. S&P affirms Greece’s rating with stable outlook

    Economy

    As was broadly expected, S&P affirmed on Friday afternoon Greece’s ‘B-/B’ ratings, while the outlook remains stable. It is worth noting that S&P has the highest rating for Greece, which stands three notches above that of Moody’s (‘Caa3’ set on July 1, 2015) and two notches higher than Fitch (‘CCC

    2%

  10. Government eases capital controls further, aiming to restore depositor confidence
    Photo by MacroPolis

    Economy

    Following pledges earlier in the month, the government has now further relaxed the capital controls imposed last summer. Finance Minister Euclid Tsakalotos published in the Government Gazette on Friday the relevant amendment allowing further relaxation, following the ratification of the proposed

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