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  1. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    , the reduction of the staff by 5 percent YoY to 16.9 thousands and network by 13.5 percent to 1,061

    4%

  2. Drop in Greek retail sales accelerates to 3.4 pct in March

    EconomyMacroeconomy

    -the-average decrease, at -9.3 and -5 percent respectively. Automotive fuel volume rose for the second

    4%

  3. How Greek banks moved into a new era
    Photo by MacroPolis

    Agora

    the past four years. Piraeus’s transaction was a 3-year note of 500 million with a coupon of 5 percent

    4%

  4. Unemployment rate edges down for sixth straight month to 26.8 pct in March

    EconomyMacroeconomy

    the past 5 years is more pronounced (3 or 4 times higher) but this also reflects a lower base effect

    4%

  5. General gov't primary cash surplus to April at 1.69 bln

    EconomyMacroeconomy

    in long-terms bonds by 1.2 billion and a net rise in short and long-term loans by 1.1 and 5 billion

    4%

  6. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    at just 5 million, while PIB expenditure amounted to 382 million in May. Nevertheless, the PIB

    4%

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

    EconomyMacroeconomy

    of 500 million with a coupon of 5 percent on March 18. One month later, National issued a 5-year note

    4%

  8. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    from the April 2013 figure of 5 billion. Following the C/A surplus of 0.7 percent of GDP posted

    4%

  9. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    . In addition, eight investment groups submitted on June 5 expressions of interest for the sale of a 67

    4%

  10. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    fell to 5 billion euros at the end of May from 5.2 billion at the end of April. Nevertheless

    4%