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  1. Greek Q1 unemployment remains at record quarterly high of 27.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    improvement by 0.4 pps YoY. On the flipside, the ‘long-term’ (more than 1 year) unemployment soared

    10%
  2. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    guarantees) as collateral for ECB funding will be halted as of March 1, 2015. Our understanding

    10%
  3. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    management unit with assets under management of 2.1 billion, of which deposits amounted to 1 billion b

    10%
  4. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    for 2014 C/A surplus from 2 percent to 1 percent. The slight increase to last year’s figure of 0.7

    10%
  5. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    . In the first quarter of this year just under 1 million Greeks (958,700) were out of employment for more

    10%
  6. 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

    10%
  7. Two years on, Greek government ready to give up on higher heating fuel tax

    PoliticsGreek Politics

    is imposed on declared incomes and has a rate of 1 to 4 percent for any annual income that exceeds

    10%
  8. Greek union data suggest workers get paid late or in kind

    Society

    . Almost 1 million workers are not paid the summer holiday bonus (equivalent to half a monthly salary

    10%
  9. Chinese investments in Greece to be boosted by new agreements

    Economy

    of the largest Chinese state-owned conglomerates. The agreement, which has been effective from October 1

    10%
  10. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    1 percent remaining the only sector posting a non-negative growth for the eighth month in a row

    10%