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  1. Economic sentiment, consumer confidence down for third straight month in May

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) continued heading south for the third successive month in May, when it fell by 1.3 points to 91.4 in May from 92.7 in April, according to the European Commission. The May figure is the lowest reading since December 2013. Since the beginning of 2015, ESI has dropped

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  2. Eurosystem funding drops by 399 mln in May, ELA collateral falls to zero
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 399 million euros month-on-month (MoM) in May, the monthly... the year so far. The movements in May largely reflect a fall of 397 million euros in European Central Bank... funding in May came to 8.07 billion euros as mentioned, along with ELA funding totalling just 1

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  3. Budget primary surplus at 3.16 bln in December, missing target for full year by 443 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    billion euros and was below target by 611 million. Net revenues came to 50.96 billion euros, under... expenditure came to 44.20 billion, below target by 611 million euros. Interest payments declined YoY

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  4. Unemployment drops to 15.9 pct in May, inactive figure also eases to 3.23 mln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s seasonally adjusted (SA) unemployment rate dropped to 15.9 percent in May, from a revised... on Tuesday. The unemployment rate in May last year was 16.8 percent. This May, employment increased... by roughly 140,000 people. Total employment in May was close to 3.9 million people. ELSTAT explains

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  5. Record travel receipts and narrower trade deficit reflected in current account up to May
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed. In May 2025, the balance... came to 2.11 billion euros in May, from 2.36 billion euros in the same month last year. Total imports

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  6. Coalition suffers space agency misfire
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    In the meantime, the process of moulding the merging of Greece’s centre-left into a single and unified

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  7. Centre-left parties jockey for leading role in post-election landscape
    Image: https://www.syriza.gr/

    PoliticsGreek Politics

    not augur well for Androulakis and his vision, however PASOK sources argue that the large portion

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  8. Newsletter 40 - 28/08/2015

    Newsletters

    Syriza's lead over New Democracy has narrowed and that its coalition partner ANEL may not make... the binding scenario for the calculation of capital needs will be based on the baseline or the adverse... for a victory of any party in Greece on 20 September may be a more reliable way of political forecasting

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  9. Deposits rise for third straight month in May, reaching 162.1 bln

    EconomyMacroeconomy

    Greek private sector deposits rose 0.4 percent month on month (MoM) in May, with balances reaching... for the third straight month with inflows slightly increasing to 548 million euros in May from revised 411 million in April. May’s flow is fully attributed to time inflows of 749 million, while sight

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  10. Loan and deposit rates edge down in May but remain above euro area average

    EconomyMacroeconomy

    deposits fell further by 18 bps 2.53 percent in May, according to the Bank of Greece (BoG). The year... rate of 1.42 percent in May. In addition, it is still higher than the respective rates in Spain... of the average rate on new loans by 36 bps in April, there was a reversal in May with the average loan rate

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