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What next for Greece's revenues and spending?
AgoraWith a bank holiday and capital controls in effect since June 29 and the government tabling an updated set of fiscal measures in an effort to resume negotiations for a new bailout programme... with the imposition of capital controls and banks closing. However, the latest expectations do not rule out
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For Greek banks, it's business as unusual
AgoraNow that the rather bizarrely termed “bank holiday” has come to an end in Greece after three weeks - although domestic and external capital controls - continue, it is appropriate to take stock... months. * The closure of Greek banks and the introduction of capital controls have contributed
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June deposit outflow rises to 7.58 bln as total balance drops to lowest in 12 years
EconomyMacroeconomybillion In February, fuelled by heightened concerns on Grexit and impositions of capital controls... time to cover the anticipated weekly outflows of Greek banks amid capital controls with the daily
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Parliament's budget office rings alarm bell on economic prospects
EconomyMacroeconomycontrols. In PBO view, a rapid agreement with the European Stability Mechanism (ESM) on a reform... of an 80 percent nosedive in consumption post capital controls and lack of liquidity, PBO estimates
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Manufacturing PMI falls to record low in July, new business sees biggest drop
EconomyMacroeconomythe impact of capital controls on demand coupled with a generally uncertain operating environment... to the capital controls in conjunction with the limited availability of some items. As a result, stocks
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Stock market at lowest since Sept 2012 after shares fell by 16.23 pct on reopening
Economycontrols on June 29, whilst the domestic market had recorded strong gains of 16 percent in the last... of capital controls with current estimates pointing to a recession of 2 – 4 percent, according
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From the troika to the quartet
Agorais at stake, with capital controls in place and a working relationship with its eurozone peers defined... for the next three years. The ongoing capital controls, which have been gradually fine-tuned for households
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Outflows ease to 1.5 bln in July but deposits reach lowest level since May 2003
EconomyMacroeconomyGreek private sector deposit outflows fell to 1.51 billion euros in July from 7.58 billion in June, according to the Bank of Greece (BoG). The slowdown reflects the imposition of capital controls... respectively. Due to the capital controls and the restrictions imposed on the manual renewal of time
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July credit contraction at 1.5 pct, slowest since Aug 2011
EconomyMacroeconomycontrols as of June 29 and the downward revision of the official macro forecasts, now calling... of the capital controls and the deteriorating macro environment, a key risk factor for credit expansion
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Greek stocks almost unchanged at end of roller coaster week
Economypoints on Friday with cumulative losses of 20.5 percent in the post-capital controls period. Bank shares... due to the capital controls. Corporate news This week was dominated by the announced of non-financial
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