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Eurosystem funding down by 1.1 bln in Feb, ELA increases for first time since April
EconomyMacroeconomyGreek banks’ Eurosystem funding headed south for the twentieth straight month in February, albeit at a slower pace by 1.13 billion, following a decrease by 3.61 billion in the previous month, the Bank of Greece's (BoG) monthly financial statement reveal...
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Primary cash surplus almost halves to 1.1 bln in 2-month
EconomyMacroeconomyGreece’s central government primary cash surplus fell to 1.11 billion euros in the 2-month period of 2017 from 2.09 billion a year ago, Bank of Greece (BoG) figures showed on Friday. This year’s figure includes arrears’ repayments of 78 million. However...
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Budget primary surplus of 1.1 billion slightly outperforms target by 77 million in Q1
EconomyMacroeconomyThe budget primary surplus was confirmed at 1.07 billion in the first quarter (Q1) down by 42.6 percent from last year’s figure of 1.86 billion, according to the Finance Ministry (MoF) final budget execution bulletin. As we noted in the preliminary figu...
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Deposit inflows increase to 1.1 bln in June
EconomyMacroeconomyThe deposit flow in the Greek banking system remained positive for the second straight month in June with inflows increasing to 1.09 billion from 638 million in May, Bank of Greece (BoG) figures revealed on Thursday. As a result, the outstanding balance...
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Tsipras seeks fair exchange with EU over migrant crisis
PoliticsGreek Politicsjoint patrols by the Greek and Turkish coast guard, as a report by Frankfurter Allgemeine Zeitung
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Added layer of complexity to Greek-Turkish relations in wake of failed coup
PoliticsForeign Policywith Frankfurter Allgemeine Zeitung on Monday backed up these concerns. Cavusoglu warned
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Athens warms to idea of eurozone going it alone after Schaeuble IMF comment
EconomyProgrammeIn an interview with Suddeutsche Zeitung, German Finance Minister Wolfgang Schaeuble raised the possibility of the International Monetary Fund not participating in the Greek programme, prompting an immediate – and seemingly eager – response from Athens. Schaeuble told the German newspaper
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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgrammewith Frankfurter Allgemeine Zeitung that it is unlikely the second programme review will be concluded before
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What Dijsselbloem didn't say
Agoraof the eurozone showed solidarity,” he said in an interview with Frankfurter Allgemeine Zeitung
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Tsipras tries to take pressure off MPs but debt proving hard to settle
PoliticsGreek PoliticsWolfgang Proissl wrote to the Frankfurt Allgemeine Zeitung daily to deny that the agreement between
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