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  1. S&P raises Greece’s rating by two notches in first upgrade since Sept 2014

    Economy

    controls will be lifted until the assessment of Greek banks’ capital requirements late this year

    4%
  2. Travel receipts up 17 pct in May as average expenditure per trip rebounds
    Photo by MacroPolis

    EconomyMacroeconomy

    and the imposition of capital controls, there are still hopes for a positive outcome in July and August, which

    4%
  3. IOBE think-tank sees recession of up to 2.5 pct this year, milder in 2016

    Economy

    or hypothetical improvement. Capital controls coupled with the lack of confidence would downward adjust all

    4%
  4. Credit contracts at slower pace of 1.7 pct in June, monthly loan flow positive

    EconomyMacroeconomy

    pointing to a further rise as of Q3 amid the imposition of capital controls at the end of June

    4%
  5. A breakdown of the funding needs involved in Greece's third bailout

    EconomyProgramme

    and the imposition of capital controls, the fundamentals of Greek banks have deteriorated. As a result

    4%
  6. Rate of drop in apartment prices picks up again in Q2

    EconomyMacroeconomy

    the imposition of capital controls in late June. Housing prices and appraisals were negatively impacted

    4%
  7. This is the government's strategy on banks and NPLs as part of third bailout

    Economy

    capital controls. An envelope of 25 billion euros has been provided by the eurozone

    4%
  8. Early gains in Greek stocks cancelled out in second half of week

    Economy

    After a rebound in the first two trading sessions of the week the Greek stock market headed south in the next three days, ending with marginal losses of 0.4 percent. This follows a nosedive of 15.2 percent in the previous week, which saw the first trading after the imposition of capital controls

    4%
  9. Industrial turnover fell 13.4 pct in June for second biggest drop since Oct 2009

    EconomyMacroeconomy

    a record drop in new orders as bank closures and capital controls badly hampered normal business

    4%
  10. A breakdown of Greece’s revised financing needs as part of its new ESM programme

    EconomyProgramme

    in the previous assessment. EC stresses that due to the imposition of capital controls receipts from

    4%