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  1. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    widening of the property tax base and the sharp rise in the property tax per capita has inevitably led

    3%

  2. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    of Information Systems. This implies an average increase of unpaid taxes by 1.2 billion per month

    3%

  3. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    the HFSF cost per share was 0.44 euros, during the bank’s recapitalisation last year, the HFSF

    3%

  4. Ιnterest in exercising Alpha's warrants remains rather limited
    Photo by MacroPolis

    EconomyBanking

    ) with an interest rate of 3 percent increasing by 1 percent per annum. Thus, HFSF potential capital gains

    3%

  5. Greek union data suggest workers get paid late or in kind

    Society

    hired on 1-month, 4-hour working contracts for 180 euros. This implies a wage of 2.25 euros per hour

    3%

  6. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    exceeding 1 billion euros per month. Indirect taxes continued were in line with the target despite

    3%

  7. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    followed by households at 246 million. The breakdown per segment showed loans to individuals & private non

    3%

  8. NPLs: The Achilles heel of the Greek banking system

    Agora

    . The breakdown per sector showed consumer credit NPLs remain at the top with their ratio at 47.3 percent (from

    3%

  9. Greece ponders how to deal with rising unpaid private debt, which hit 88 pct of GDP

    Economy

    to a rise of NPLs by 3.7 billion in Q1 – almost 1 billion per month. The latest figures provided

    3%

  10. UnLuCky for some: Another painful lesson from the euro crisis
    Photo by Harry van Versendaal

    Agora

    was a non-starter since producing more output per resource became impossible when more output was lost

    3%