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  1. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    forecasting a recession of 0.9 percent, while S&P expects essentially flat growth for 2016.

    15%

  2. General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , largely related to payments to the IMF. The other debt components remained almost flat in April

    15%

  3. General government primary cash surplus widens to 2.5 bln by May, arrears resume upward trend

    EconomyMacroeconomy

    (including tax refund arrears) resumed an upward trend in May after staying almost flat in April

    15%

  4. S&P affirms Greece’s rating with stable outlook

    Economy

    its previous estimate for flat growth, weighed by “additional fiscal drag, blocked banking system

    15%

  5. Greek stocks fall 1.5 pct, banks underperform for third straight week
    Photo via www.helex.com

    Economy

    (-12.2 percent) and NBG (-10.9 percent), while Alpha remained flat. The downward trajectory

    15%

  6. Justice can't be blind to facts in 2009 deficit case

    Agora

    euros in 2000 to 113 billion euros in 2009, while revenues remained relatively flat. That the Greek

    15%

  7. Greece's latest GDP figures and what to expect for the rest of the year
    Photo by MacroPolis

    Agora

    from Q2 level, 2016 would end up with flat growth. In contrast, if GDP falls back to its Q1 level

    15%

  8. Lower bad loan provisions and increased write-offs for Greek banks in Q2
    Photo by MacroPolis

    Economy

    and loan adjustment at fair value. BoG noted that the NPE stock remained broadly flat QoQ at around

    15%

  9. Stable rate in time deposits, corporate loan rates pick up in July

    EconomyMacroeconomy

    any material change in July, the weighted average rate on total new deposits remained flat at 0.42

    15%

  10. Piraeus Bank’s bottom line turns profitable with 20 mln net profits in Q2
    Photo by MacroPolis

    EconomyBanking

    billion euros in Q2 from 17.38 billion in Q1 and correspond to 26.2 percent of gross loans, flat QoQ

    15%