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  1. S&P affirms Greek ratings at 'CCC+/C' with stable outlook

    Economy

    to suppliers would lead to SMEs becoming more liquid and thus faster pay wages and other overdue

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  2. Three months on from imposition of capital controls, some restrictions being relaxed

    Economy

    and payment of: overdue bank loans, unpaid tax or social security contributions and suppliers. • Our

    5%
  3. PMI rebounded in September, but survey data still point to a downturn on lack of new orders

    EconomyMacroeconomy

    that led to shortages of raw materials at suppliers. Markit analysts concluded that “Greek manufacturers

    5%
  4. General gov't primary cash surplus widens to 2.6 bln in Aug, arrears up by 2.15 bln

    EconomyMacroeconomy

    . Arrears due to hospital suppliers also recorded a marked rise by 572 million YtD to 1.18 billion

    5%
  5. Gas provides Greece, Cyprus and Israel chance to bolster ties
    Photo by David Gibson via Flickr https://flic.kr/p/oATenb

    PoliticsForeign Policy

    due to its diplomatic row with Russia, one of its major fuel suppliers. The third is to extend

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  6. Elektroniki’s bankruptcy reflects struggles of consumer electronics sector
    Photo by MacroPolis

    EconomyFeatures

    Last week, electronics retail chain Elektroniki Athinon declared bankruptcy, citing a combination of a drop in demand, the capital controls introduced last year and a lack of confidence in the Greek economy by foreign suppliers as causes. Those following the struggles of the company could see

    5%
  7. Lenders agree new loan disbursement, piecemeal approach to debt relief

    PoliticsGreek Politics

    off its suppliers and others it owes money to. The money that will go towards covering debt

    5%
  8. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    ). In addition, 1.2 billion is owed to private suppliers and more than 75 million to insured workers

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  9. Marinopoulos travails point to wider difficulties for supermarket sector

    EconomyFeatures

    suppliers have meant that the supermarket’s shelves were often eerily empty. Products were pushed

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  10. Newsletter 86 - 26/08/2016

    Newsletters

    on obligations to suppliers, while tax and social security contribution arrears will be paid in full

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