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  1. Eurosystem funding drops by another 3.9 bln in May, ELA down 2.1 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    broadly unchanged at 32.3 percent for the ECB and at 67.7 percent for the ELA funding. The BoG’s

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  2. BoG proposes debt relief measures and lower primary surplus target from 2018
    Photo by MacroPolis

    EconomyMacroeconomy

    In its monetary policy report published on Wednesday, the Bank of Greece (BoG) suggested a set of debt relief measures that would allow Greece’s primary surplus target to be lowered to 2 percent of GDP from 3.5 percent from 2018 onwards and would keep gross financing needs (GFN) well below the 15

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  3. Primary cash surplus widens to 2.66 bln in first five months of 2016

    EconomyMacroeconomy

    Greece’s central government primary cash balance climbed to 2.66 billion euros in the first five months of 2016 from 1.07 billion euros last year, Bank of Greece (BoG) figures showed on Friday. However, the monthly data points to a primary cash deficit of 277 million euros in May from a small

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  4. Crisis management policy: the sad lesson of the Greek case
    Photo by Harry van Versendaal

    Agora

    made until the debt outlook was in accordance with the IMF’s sustainability requirements

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

    Economy

    . The latter currently stands at 1.3 billion, while ETEA’s total wealth is estimated at 3 billion

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  6. Economic sentiment stable at 89.7 pts in June, consumer confidence rises again
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) remained stable at 89.7 in June, the European Commission (EC) figures displayed on Wednesday. The ESI has hovered close to the 90-point mark since March. It has gained 13.6 points since its recent low of 76.1 last August, when the third bailout agreement

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  7. Retail sales down 3.9 pct in April for eleventh successive month

    EconomyMacroeconomy

    The turnover of Greece’s retail trade index fell by 3.9 percent in April marginally slower than the revised 4 percent drop in March, Hellenic Statistical Agency (ELSTAT) figures displayed on Thursday. The April headline figure indicates the eleventh straight negative reading and the slowest rate

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  8. HFSF executive board members resign

    EconomyBanking

    within the boards and committees” and proposed “improvements and amendments to each institution’s

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  9. Technical MoU provides more detail on fiscal brake, arrears and privatisations

    EconomyProgramme

    category’s budget ceiling. Discretionary expenditure excludes all categories that do not involve pension

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  10. Greek train firm TRAINOSE attracts just one bid, no interest in rolling stock
    Photo via Flickr https://flic.kr/p/9SDyrr

    Economy

    euros. Greece’s supplemental MoU calls for cumulative privatisation revenues of 5.8 billion euros

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