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  1. Newsletter 28 - 29/05/2015

    Newsletters

    tax rates of between 3 and 8 percent applied, yielded poor results. The first resulted

    8%

  2. Greek credit contracts by 2.4 pct in April for slowest drop since 2011
    Photo by MacroPolis

    EconomyMacroeconomy

    -profit institutions slightly accelerated to 3.1 percent in April from 3 percent in March with balances

    8%

  3. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    at 21.5 percent despite its MoM jump by more than 3 pp. The European Commission (EC) spring economic

    8%

  4. Minor movements in Greek deposit and loan rates in April

    EconomyMacroeconomy

    rate rose by 18 bps to 7.19 percent. Overall, the average loan rate in all loan sectors slipped by 3

    8%

  5. Lenders dismiss Greek proposals but SYRIZA also ups pressure on Tsipras
    Photo by MacroPolis

    PoliticsGreek Politics

    the creditors want 3 percent. There is also a gap on revenues from VAT, with Greek adjustments

    8%

  6. Most services in Greece see turnover improve in Q1

    EconomyMacroeconomy

    and accounting services (+11.9 percent). On the flipside, the 3 service activities that posted a drop in Q1

    8%

  7. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    the high level of unemployment by strengthening active labour market policies. 3) Implementation

    8%

  8. Greek stocks down by 11.3 pct for biggest weekly fall of last month

    Economy

    Telecommunication Organisation – OTE (-0.5 percent), Coca Cola Hellenic (-1 percent), GEKTERNA (-3 percent

    8%

  9. Travel receipts rise by 16.3 pct in April on jump in arrivals

    EconomyMacroeconomy

    in the other Greek airports rose by a modest 1.6 percent in May following a 3 percent drop in April

    8%

  10. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    from 76.9 billion on April 29. Throughout this period, the ELA liquidity buffer remained stable at 3

    8%