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  1. Greek stock market up by 3.5 pct over week amid hope of bailout deal

    Economy

    profit eased to 4.1 million from 4.8 million last year. The 15.3 percent drop in bottom-line results mainly reflected a drop in sales by 2.6 percent and an increase in operating expenses by 4.9 percent

    2%

  2. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    , the strong volume growth was to a large extent offset by a 15.3 percent drop in the average non-resident... a significant drop in the average travel spending per trip by 22.2 percent to 300 euros. The breakdown

    2%

  3. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    by more than 15 percent QoQ to 46.45 billion, with the highest drop recorded by time deposits (-21.4 percent) while savings showed a modest drop by 3.3 percent. As a result, loan to deposit (LTD) ratio

    2%

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

    EconomyBanking

    led by Greek operations (-21.1 percent), while general expenses posted a much slower drop by 2.8.... Deposits contracted by 16 percent QoQ to 36 billion in Q1 implying a drop by 6.9 billion year to date

    2%

  5. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    at 825.38 points on Friday, meaning there has been a modest drop of 1.8 percent in the post-election..., despite the drop in sales by 6.6 percent to320.6 million. However, EBITDA improved 10.4 percent to 74.7

    2%

  6. Greek SMEs face biggest obstacles to finance in euro area, ECB finds

    EconomyMacroeconomy

    for Greek SMEs fell by 28 percent, the highest drop in the euroarea, signaling the significant... support also fell at an accelerating pace of 51 percent from a 36 percent drop reported

    2%

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

    EconomyMacroeconomy

    percent in April. On the corporate front, the most significant development was the drop by 49 bps... in February. The slight drop in both the average deposit and loan rates resulted in a marginal decline

    2%

  8. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    a drop in April, namely energy (-1.8 percent), capital goods (-1.6 percent) and consumer durables...) and tobacco products (+24 percent). On the flipside, four sectors recorded a drop in their production above

    2%

  9. Unemployment edges up for second consecutive quarter in Q1, reaches 26.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    ) year on year (YoY). The YoY improvement mainly reflects a drop in the number of jobless by 5.2...) fell by 2.7 pp YoY to 39.7 percent. The 30-44 age group posted a drop in the unemployment rate by 1 pp

    2%

  10. Greek pensions laid bare
    Photo by MacroPolis

    Agora

    billion. The combined total corresponded to 9.6 percent of GDP. Despite a sharp drop of 21 percent... this period. The biggest annual drop was recorded in 2013 when the full impact of the last pension cut

    2%