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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. 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%

  9. Industry turnover down by 2.3 pct in April for sixth straight fall

    Economy

    Authority (ELSTAT). The April headline figure is the sixth straight monthly drop and the eleventh...-domestic market rose by 2.3 percent. The breakdown of the latter showed a marginal drop (-0.2 percent

    2%

  10. Economic sentiment down 0.7 pts in June, consumer confidence also falls

    EconomyMacroeconomy

    the drop by more than 16 points on the last four months, the year to date balance remains positive... showed a drop in June: The industry confidence eased by 1.1 points to -14.1 more than offsetting

    2%