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

    EconomyMacroeconomy

    outflows so far in 2014, their Eurosystem reliance has substantially dropped by 22.25 billion euros

    2%
  2. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    euros, meaning that the gg deficit has widened by around 1 billion in May, mainly reflecting state

    2%
  3. Greece prepares for a 3-year benchmark bond issue
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    The Greek Finance Ministry confirmed on Wednesday that it has mandated international banks for a forthcoming 3-year benchmark bond issue under English law. According to the announcement, the transaction is expected to be launched and priced in the near future subject to market conditions. Press

    2%
  4. Greece raised lower than expected amount from 3-year bond issue, yield at the high end

    Economy

    Following Wednesday’s press release revealing that Greece has mandated international banks for a benchmark bond issue, the Finance Ministry (MoF) announced on Thursday that Greece sold a 3-year bond in a principal amount of 1.5 billion euros at a yield of 3.5 percent. The amount of the syndicated

    2%
  5. Public deficit and democratic duty

    Agora

    , Georgiou, be dropped due to a lack of evidence. However, Sunday’s report in Real News has led to a new

    2%
  6. Greek banks' Eurosystem funding drops to 44.95 bln in June, lowest since Jan 2010

    EconomyMacroeconomy

    of the year, Greek banks’ Eurosystem funding has been reduced by 28.06 billion euros, reflecting

    2%
  7. In third straight month of decline, industrial turnover falls 4.9 pct in May

    EconomyMacroeconomy

    it has a minimal impact on the headline figure. The regional breakdown showed a mixed pattern

    2%
  8. Greek deposits inch up again in June, reaching 163.21 bln

    EconomyMacroeconomy

    deposit flow so far in 2014, Greek banks’ Eurosystem reliance has declined by 28.1 billion in the 6-month

    2%
  9. Stress mounts ahead of ECB's tests on Greek banks
    Photo by MacroPolis

    Economy

    A report over the weekend suggests that the Greek government has expressed concerns to its eurozone partners and the European Central Bank about the imminent stress tests on local banks. Kathimerini newspaper reported on Sunday that Greek Finance Minister Gikas Hardouvelis warned his eurozone

    2%
  10. Greek CPI falls at slower pace of 0.7 pct in July

    EconomyMacroeconomy

    The drop in the Consumer Price Index (CPI) decelerated for the second straight month to 0.7 percent in July from 1.1 percent in June, according to the Hellenic Statistical Authority (ELSTAT). The July reading indicates the slowest drop in the CPI so far in 2014 and since July 2013. Greece has been

    2%