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  1. Budget primary surplus up to 1.73 bln in Q1 as gov't holds back expenditure

    EconomyMacroeconomy

    in February, bringing the 3-month figure to 11.18 billion, down 1.8 percent. The revenue evolution in March... billion down 5.3 percent and 1.18 billion below target. The significant outperformance to date mainly

    4%

  2. Greek stocks, bond yields show effects of worsening mood regarding country's prospects
    Photo by Can Esenbel [http://www.mundanepleasure.com/]

    Economy

    . As a result, despite the strong gains of 8.1 percent recorded last week, Greek shares are down by 5.5 percent...) and OPAP erased a large part of their earlier losses at the closing edging down by 0.6 percent

    4%

  3. Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
    Photo by MacroPolis

    EconomyMacroeconomy

    led core income down 5.4 percent QoQ to 372.8 million in Q1. After rising for seasonal reasons in Q4, operating expenses eased 6.1 percent QoQ. Compared to last year, expenses are down 7.1 percent

    4%

  4. Kostas Karamanlis as comeback kid?
    Photo by Konstantinos Koukopoulos via Flickr https://flic.kr/p/6z5WRZ

    Agora

    has no intention of standing down. Samaras has been clear that he will not launch leadership... Pavlopoulos. The ex-prime minister apparently turned down the opportunity because he felt that he may have

    4%

  5. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    below target. In particular, VAT revenues were up 0.3 percent in April and down 2.4 percent... for the third consecutive month by 9.2 percent in April with the 4-month figure down 6.3 percent

    4%

  6. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    net interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same... 16.7 percent QoQ to 285.5 million. Compared to Q1 2014, staff costs are down by 18.2 percent, mainly

    4%

  7. Waiting for the hurricane
    Photo by Can Esenbel

    Agora

    down Greece’s first leftist-led government. The left in Greece has been battling (literally during... thinking needed to go down this route. It requires levels of competence from the public administration

    4%

  8. Tsipras and lenders leave themselves with fading chances of salvaging deal
    Photo by MacroPolis

    PoliticsGreek Politics

    , Prime Minister Alexis Tsipras told Parliament on Friday that he felt let down by the plan presented... warned Athens about turning down the lenders’ proposal and German Vice Chancellor Sigmar Gabriel

    4%

  9. Greek trade deficit up 6 pct in April despite growth in exports

    EconomyMacroeconomy

    , exports rose by 16.9 percent, whilst imports by 8 percent, leading the respective trade deficit down... imports increased by 1.9 percent leading trade deficit down 10.6 percent. The regional breakdown

    4%

  10. Audit of Greek debt adds to pressure on Tsipras in creditor talks

    PoliticsGreek Politics

    . However, many on the left of the party have not given up hope of going down the rout of other countries... Konstantopoulou’s outburst government spokesman Gavriil Sakellaridis sought to play down any

    4%