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  1. CPI falls by 1.6 pct YoY in June
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s Consumer Price Index (CPI) fell by 1.6 percent year-on-year (YoY) in June compared to a decline of 1.1 percent seen in May, Hellenic Statistical Authority (ELSTAT) figures showed on Friday... showed no change compared to May. In the year so far, two positive changes were noted in January

    6%

  2. Industrial production drops by 0.2 percent in July
    Photo by MacroPolis

    EconomyMacroeconomy

    an increase of 7.6 percent in June. August’s reading is the highest MoM reading in the year so far...) and the manufacturing index (-2.6 percent). A rise was seen in the water supply index (+1.1 percent

    6%

  3. Budget starts new year on track, timing factors lead to 1.16 bln outperformance

    EconomyMacroeconomy

    , interest payments were 1.3 billion euros. PIB PIB revenues came to 1.1 billion euros. PIB... euros. Greece has also received 159 million euros from the RRF, with 111 million allocated so far.

    6%

  4. VAT and income tax takings plus 721 mln underspend lead to 3.2 bln primary surplus in May
    Photo by MacroPolis

    EconomyMacroeconomy

    to 2.58 billion euros, 1.1 billion euros above target. PIB expenditure came to 3.78 billion euros... has also received 159 million euros from the RRF, with 632 million allocated so far, below

    6%

  5. Clarity over fiscal space clears way for next set of relief measures

    EconomyMacroeconomy

    unchanged, and far superior that the eurozone average, and the fiscal picture remains strong... presented a package of handouts of 1.1 billion euros, with 600 million euros directed at a one-off

    6%

  6. Polls prompt ND to crunch coalition numbers as Tsipras turns attention to policy
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    PoliticsGreek Politics

    Parliament, the latter sinking to 1.1 pct (1.3 pct). ELAS draws most heavily from former SYRIZA... mandate ranks above any individual leader's personal agenda or rivalries. The far-right is formally

    6%

  7. Tsipras smells chance as ELAS surges to second, while ND courts right flank

    PoliticsGreek Politics

    party, Elpida, follows with 8.1%, while SYRIZA - Tsipras’s former party - has collapsed to 1.1..., far ahead of Elpida. First-round victory For Tsipras, this is proof that ELAS’s ascent represents

    6%

  8. IFRS 9 provisions required by banks in line with expectations

    EconomyBanking

    is 1.1 billion euros net of tax, Eurobank announced with its full-year 2017 results that the impact... accounting standards, whose requirements include the classification and measurement of financial instruments, the impairment of financial assets and hedge accounting. The adoption of the new standards

    6%

  9. OECD's Greek debt forecast shakes foundations of troika DSA

    EconomyMacroeconomy

    of the areas the troika-led program has so far failed to improve. But most alarmingly, the OECD presents a debt sustainability analysis (DSA) that is far more pessimistic than the most recent troika... of a substantial output gap, given both the historical performance of the Greek economy and the weakening

    6%

  10. Moody's downgrades Greek bond rating, sees chances of accident rising

    Economy

    to the weakened economy and fragile political environment. The rating agency also notes that the negative... to the downside. On negotiations with the institutions, Moody’s notes that the two sides remain far apart.... The rating agency also notes that the economy’s fragile recovery and the government’s fiscal consolidation

    6%