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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

    receipts by almost 45 percent mainly on account of capital controls, while travel receipts were kept

    1%

  2. Marginal deposit flow in April for second straight month

    EconomyMacroeconomy

    20 billion. This mainly resulted from reduced uncertainty, stabilization of private sector deposit

    1%

  3. PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months

    EconomyMacroeconomy

    at the fastest pace since last August mainly driven by a rise in raw material prices, largely steel

    1%

  4. Rise in new tax arrears slows further to 694 mln in April, total reaches almost 88 bln

    Economy

    billion euros in April, mainly reflecting revenue collection. The breakdown of the legacy arrears

    1%

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

    EconomyMacroeconomy

    Greece’s general government (gg) primary cash surplus more than quadrupled to 2.6 billion euros in the 4-month period of 2016 from 581 million in the corresponding period last year, the Finance Ministry (MoF) gg bulletin showed on Monday. The remarkable improvement mainly stems from a rise

    1%

  6. Encouraging signs for Greek banks in Q1 results but NPL management looms large
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    Agora

    NII mainly reflecting the ongoing deleveraging. These trends are broadly expected to be maintained

    1%

  7. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    a surplus of 43 million in April, mainly reflecting a deterioration of the PIB balance in May. The state

    1%

  8. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    to tackle tax evasion. The recommendations are mainly related to the reduction of tax rates

    1%

  9. Pending pensions mount up, complicating fiscal effort
    Photo by MacroPolis

    Economy

    a total of 7.14 billion euros, with the bulk (5.42 billion) to general government bodies (mainly hospitals

    1%

  10. Greek economy braced for impact from Brexit, hopes effect will be limited

    Economy

    billion to services, according to the UK Trade and Investment. Export of goods mainly involve

    1%