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  1. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    at 580 million per year. The main recommendations are: Abolish requirement to publish annual financial

    3%

  2. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    widening of the property tax base and the sharp rise in the property tax per capita has inevitably led

    3%

  3. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    the HFSF cost per share was 0.44 euros, during the bank’s recapitalisation last year, the HFSF

    3%

  4. Ιnterest in exercising Alpha's warrants remains rather limited
    Photo by MacroPolis

    EconomyBanking

    ) with an interest rate of 3 percent increasing by 1 percent per annum. Thus, HFSF potential capital gains

    3%

  5. Greek union data suggest workers get paid late or in kind

    Society

    hired on 1-month, 4-hour working contracts for 180 euros. This implies a wage of 2.25 euros per hour

    3%

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

    Economy

    exceeding 1 billion euros per month. Indirect taxes continued were in line with the target despite

    3%

  7. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    followed by households at 246 million. The breakdown per segment showed loans to individuals & private non

    3%

  8. Political tremors shake Spain, overshadow economic progress
    Photo by 3Ro-Rokenublo via Flickr

    Agora

    sector. “The crises have demonstrated that Spain is too big to fail, as per systemic banks

    3%

  9. NPLs: The Achilles heel of the Greek banking system

    Agora

    . The breakdown per sector showed consumer credit NPLs remain at the top with their ratio at 47.3 percent (from

    3%

  10. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    to a rise of NPLs by 3.7 billion in Q1 – almost 1 billion per month. The latest figures provided

    3%