Eurozone crisis

The projections for Bulgaria's economic growth in 2019 and 2020 remain unchanged - 3.3% and 3.4% respectively. Inflation will be 2.4% this year and 1.7% in 2020, according to the European Commission's economic forecast.

The Greek trade deficit recorded a considerable increase in May, offsetting the benefits from a rise in exports, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.

Italian and Greek government bond yields fell on Monday, as encouraging economic data and an agreement by the US and China to resume trade talks boosted demand for riskier assets.
After a slow start, buying gathered momentum and 10-year Italian government bond yields fell 8 basis points to 2 percent, their lowest since May 2018.

Greek private sector bank deposits rose in May for the third successive month, central bank data showed on Monday.

Businesses and household deposits increased to 135.28 billion euros ($153.20 billion) from 134.69 billion in April, Bank of Greece data showed.

Greece's economy is expected to grow by 1.9 percent this year, the country's central bank said in its annual monetary policy report on Monday, an expansion pace below what the government is projecting.

Budget revenues fell in June while expenditure grew, reinforcing the Bank of Greece's view that the primary surplus will miss the 3.5 percent target and come in instead at 2.9 percent of gross domestic product.

Greece's biggest electricity utility Public Power Corp. (PPC) posted a wider loss on Friday for the first quarter, as higher costs for carbon emission rights and the sale of power to alternative producers at below-cost prices were hurting profit.

Small and medium-sized enterprises in Greece have a serious handicap to overcome before they can rival their foreign peers, as they have no access to funding, their export performance is poor and they are not supported by a modern network of infrastructure, according to a special report published on Thursday by the Organization for Economic Cooperation and Development (OECD) on SMEs and entrepr

A top-secret Grexit plan designed by the ECB, the EU and its financial mechanisms has been detailed in a new book entitled The Last Bluff and authored by Eleni Varvitsiots, the Brussels correspondent of the Athens daily Kathimerini Eleni Varvitsioti and Bloomberg's Viktoria Dendrinou.

Eurozone creditors are concerned that Greek pension payments and social handouts and the scraping of already agreed tax reforms put the agreed primary surplus target at risk, the head of the eurozone bailout fund Klaus Regling said on Thursday.