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  1. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    13. Half of this deviation is attributed to lower revenues and the remaining to higher expenditure

    3%

  2. Significant post-election economic challenges await Greek coalition

    Economy

    -tranche of 6.3 billion in late April. The remaining two sub-tranches of 1 billion each are due

    3%

  3. Greek credit contracts again in April but at slightly lower rate of 3.7 pct

    EconomyMacroeconomy

    ) and the remaining to household lending (182 million). The credit breakdown shows that loans to individuals

    3%

  4. National Bank starts 2014 posting net profit of 181 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    remaining the best among its domestic peers. That said, Eurosystem funding was contained by 2.7 billion

    3%

  5. Greek Tourism Association sees tourist arrivals rising to 19 mln for 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    , remaining 38 percent below that of Spain. The daily spending slightly increased by 1.7 percent

    3%

  6. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    remaining the highest among its domestic peers. The NPL formation (rate of NPL increase) showed

    3%

  7. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    After remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, while the interest on corporate loans rose and remained well above the euro area average, according to the Bank of Greece (BoG). This rate had

    3%

  8. Accommodation and food services index rises by 44.9 pct in Q1

    EconomyMacroeconomy

    receded 1.9 percent to 604 euros, remaining 38 percent below that of Spain. The daily spending rose

    3%

  9. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    to address remaining imbalances and balance efficiency and equity outcomes, says the IMF

    3%

  10. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    million in May, after remaining flat for three consecutive months. The significant YoY increase

    3%