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  1. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    2 billion to 20.8 billion in mid-May. The latter is split into ELA funding of 11.2 billion and ECB... at 27.1 billion euros in May entailing undrawn liquidity of 6.4 billion. It is worth noting that pillar

    2%

  2. Government faces tight schedule for amendments to bailout legislation

    EconomyProgramme

    that the government foresaw the completion of the memorandum of cooperation with investors by May 23... to the multi-bill voted in Parliament on May 22. Houliarakis said that this issue had been discussed

    2%

  3. Retail sales fall by 4.3 pct in March for tenth straight decline

    EconomyMacroeconomy

    to -71.9 in May. In contrast, retail trade indicator eased by 0.5 points to 5.1 in May.

    2%

  4. Tsipras unveils growth plan but little in way of new ideas
    Photo by MacroPolis

    PoliticsGreek Politics

    . At the signing for the project in May, Tsipras said the investment in Greece would be more than 1.5 billion... and relatively large amounts of EU funding being made available may appeal to some but it is unlikely

    2%

  5. Lenders' report reveals long-term savings from pension reform, which also offset court ruling
    Photo by MacroPolis

    EconomyProgramme

    . In addition, the pension reform legislated in May involving a unified system consolidating all main... and in May is seen at 1 percent of GDP in 2016, rising to 1.7 percent in 2018 and further to 2.2 percent

    2%

  6. Uncomfortable parallels: The Greek and British referendums
    Photo by MacroPolis

    Agora

    , with the overwhelming win for the “no” camp, and as may happen in the UK, with “Leave” leading in many opinion... that Britons “have had enough of experts”. Polling data suggests that as glib as Gove’s comment may appear

    2%

  7. PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

    EconomyMacroeconomy

    Greece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal, for the first time since last December. It is the highest headline reading since May 2014. The rise

    2%

  8. Fool Britannia
    Photo by Can Esenbel

    Agora

    , this grand unravelling confirmed that while Johnson may have taken inspiration from Pericles’s... into a more secure environment and was able to retain his job. Tsipras may have many faults but when he

    2%

  9. Tsipras faces challenge in turning promise of China trip into reality
    Photo via @PrimeministerGR

    PoliticsForeign Policy

    of his trip to China last week continues to resonate. Although the government may not necessarily yet... relationship between Athens and the shipping giant, while putting to bed any negativity that may have arisen

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  10. Russia and China prove hot topics in Tsipras-Obama talks at NATO Summit
    Photo via @PrimeministerGR

    PoliticsForeign Policy

    Beijing may have raised the issue with Tsipras during his visit to China last week. A tribunal... that for Athens the resolution of the international tribunal is crucial as it may define its

    2%