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  1. Athens Stock Exchange ends week on a low, banks lose 9.7 pct

    Economy

    of 3 million in Q1 from losses of 4 million last year on the back of a strong rise in revenues... to 80.7 billion, while the ELA liquidity buffer remained unchanged at 3 billion.

    9%
  2. Greece rides the ghost train
    Photo by Heather R via Flickr https://flic.kr/p/2NPyuG

    Agora

    for the next few years (1 percent of GDP for 2015, 2 percent for 2016, 3 percent for 2017 and 3.5... this out in a blog post on Sunday. Lenders are demanding 3 billion euros of fiscal measures

    9%
  3. Credit contracts by slower rate of 2.1 pct in May
    Photo by MacroPolis

    EconomyMacroeconomy

    that the outstanding balance of corporate loans fell by more than 3 billion month on month (MoM) below... of last September. Compared to last year, the end-2014 ratio rose by almost 3 percentage points (pp).

    9%
  4. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    privatization revenues at 0.5 percent this year, 3 billion by 2020 and 4 billion by 2022. Under... be credited to a new subaccount to be used for payments for projects financed by EU structural funds. 3

    9%
  5. Tsipras turns down last-minute Juncker offer, plans to stand aside if 'Yes' wins
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    for low-income pensioners (EKAS). 3) The Eurogroup would convene before midnight on Tuesday to confirm... will immediately pass the lenders’ proposals through Parliament. 3) Tsipras continues to believe that a “No” vote

    9%
  6. What next for Greece's revenues and spending?

    Agora

    social security funds expenditure (at zero versus a full year (FY) target of 446 million) 3) Grants... (at 14.5 percent of the FY target of 591 million) 3) International Organisations and other transfers

    9%
  7. Greek banks in intensive care: What lies ahead?
    Photo by MacroPolis

    Agora

    functions or facilitate the continuous access to deposits. 3) Separate clean and toxic assets... capital needs. 3) The recapitalization process with a combination of several options and tools currently

    9%
  8. This is what's in the legislation Greece has to approve by Wednesday night

    EconomyProgramme

    and 30,000 euros, the rate remains at 1.4 percent 3) Between 30,000 and 50,000 euros, the rate increases... for the higher rate on corporate profits 3) 251 million from the increase in the solidarity levy rates 4

    9%
  9. EU makes dramatic revision to economic forecasts, sees recession of 2-4 pct this year
    Photo by MacroPolis

    Economy

    shows 3) Interest payments of 17.8 billion 4) Arrears clearance of 7 billion 5) Cash buffer... proposal for a loan of 7 billion with a maximum maturity of 3 months that would be disbursed

    9%
  10. Newsletter 37 - 31/07/2015

    Newsletters

    lenders will agree that the recession this year could be as deep as around 3 percent of GDP. Some... with salary cuts and 10 percent in personnel layoffs. Some 3 percent said they had delays in paying

    9%