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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

    6%

  2. Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
    Photo by MacroPolis

    EconomyMacroeconomy

    billion in the course of May, while the ELA cash liquidity buffer currently stands at 3 billion.

    6%

  3. 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

    6%

  4. 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

    6%

  5. 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

    6%

  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

    6%

  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

    6%

  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

    6%

  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

    6%

  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

    6%