The to-do list of reforms that must be initiated soon by Greece

Jul 14, 2015 06:05 am UTC| Commentary

A strengthened privatisation programme and collateral provisionA plan to modernise the Greek administration by 20 July and acceptance of monitoringThe aim is to rebuild trust and compensate for a weaker economyFull...

Gr-in, tough conditionality and no debt haircut

Jul 14, 2015 05:59 am UTC| Commentary

A great deal of trust has been lost in recent months and this is reflected in the tough stance taken by Greeces creditors in setting out the framework that will pave the way for a new ESM programme and allow Greece to...

Downward trend in Brazil's retail sales and consumption likely continued in May

Jul 14, 2015 05:53 am UTC| Commentary

In recent quarters, growth in Brazils retail sales and private consumption has been flat at best compared with the normal growth of 6.3% and 3.9% seen during 2012-13. Brazils retail sales were down -3.5% yoy in April...

Euro Area's uneven May industrial production growth

Jul 14, 2015 05:47 am UTC| Commentary

Greek industrial output fell by 4.7% mom in May, confirming that the Greek economy has been contracting in Q2. As a result, Greece, Ireland and the Netherlands were the main drivers of the weakness in euro area industrial...

July ECB bank lending survey, loan demand from enterprises not yet strong

Jul 14, 2015 05:43 am UTC| Commentary

The ECBs July Bank Lending Survey to show continued easing in credit lending standards, both for households and enterprises.Net loan demand should also continue rising for the household sector, while there is considerably...

Poland's current account surplus likely in May

Jul 14, 2015 05:40 am UTC| Commentary

EU funds inflow is supportive again as Poland received 1,113bn in current transfers according to MinFin data."A current account surplus is estimated at around 890m in May. On the trade account a minor surplus of 22m is...

US retail sales to show continued consumer comeback

Jul 14, 2015 05:39 am UTC| Commentary

US retail sales rebounded in May, erasing concerns about the earlier weakness in consumer demand. Although June sales are unlikely to match Mays strength, the data is likely to be solid nonetheless.Societe Generale states...