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  1. Greece drafts reform multi-bill as talks catalyst but fiscal gap lingers

    EconomyProgramme

    . 2) Increase in luxury tax in cars, pools and yachts with estimated revenues of 20 million euros. 3... billion euros for a primary surplus of 1.5 to 2 percent of GDP to be achieved for 2015.

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  2. Moody's downgrades Greek bond rating, sees chances of accident rising

    Economy

    an agreement with its official lenders in time to meet upcoming debt repayments. 2) The significant...) An increase in the pace of fiscal consolidation and structural reforms. 2) Sustained economic

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  3. This is how Greece kept its budget on track in Q1

    Agora

    of the annual target of 1.12 billion. 2) Only 95 million euros, or just 6.6 percent of the annual target of 1.44... percent of the annual target of 1.57 billion. 2) Agricultural subsidies at 65 million in Q1

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  4. Budget primary surplus grows in April thanks to one-off revenues and restricted spending

    EconomyMacroeconomy

    , bringing the 4-month figure at 15.04 billion, up 2 percent. Compared to targets, the April revenues...-recurring item, the underlying revenue collection shows a drop by 2 percent in April and 1.8 percent

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  5. Eurosystem funding for Greek banks up by 5.6 bln in Apr, reaches 112.8 bln

    EconomyMacroeconomy

    so far in May, by 2 billion on May 6 and by 1.1 billion on May 12 taking it to 80 billion. Bank... that Greek banks’ dependency on ELA has further increased by more than 2 billion to 76.5 billion

    19%

  6. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    , local media report that the fiscal gap is seen at around 2 billion by the institutions and below 1... Tuesday (June 2).

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  7. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    (PPI) eased 2 percent QoQ to 357 million in Q1 reflecting a drop in operating income and expenses... weaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII

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  8. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    that the seasonally adjusted IPI fell 2 percent month on month (MoM) in April, after a marginal rise... released by the European Commission at the end of May displayed it improved by 2 points to -13

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  9. Greece and lenders fail to bridge their differences in Brussels

    PoliticsGreek Politics

    Commission sources suggested to the media that the two sides still have differences over 2 billion euros... demanding a primary surplus of 1 percent for 2015 and 2 percent for 2016. On the pension front

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

    EconomyProgramme

    account to cover debt servicing (payment to the IMF of 1.6 billion due on June 30). 2) The second... actions. The document also notes that Greece could increase funding via T-Bill issues by 2 billion

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