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  1. Elections results present fresh challenges for SYRIZA and New Democracy

    PoliticsGreek Politics

    in the results to worry conservative strategists. For a start, New Democracy saw its support drop 7 percentage

    6%
  2. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    ). Pre-provision income (PPI) fell 7 percent to 252 million, reflecting a decline in operating income

    6%
  3. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    Democracy officials found that their party, which lost 7 percentage points compared to the June 2012

    6%
  4. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    in May. This resulted from an increase in private construction by 13.4 points counterbalanced by a 7

    6%
  5. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    billion euros, 232 million higher than the BoG’s number. Interest payments on a cash basis fell 7 percent

    6%
  6. Better contribution collection for Greek pension funds but 5.1-bln shortfall looms
    Photo by MacroPolis

    Economy

    : a) 7 billion euros is related to lower contributions due to high unemployment, with the number

    6%
  7. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    million in May (similar to the 7 million posted in May 2013), while the respective PIB expenditure stood

    6%
  8. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    by 20.9 percent in June. The 6-month figure fell 7 percent to 10.45 billion, 353 million short of target

    6%
  9. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    . In addition, Eurosystem funding further dropped by 7 billion QoQ to 11 billion at the end of Q2

    6%
  10. Building activity falls 10.7 pct in June after brief rise in May

    EconomyMacroeconomy

    Macedonia) posted a rise of 7 percent. The aggregate figures over the past six years indicate

    6%