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  1. Big falls for economic sentiment and consumer confidence in April
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s economic sentiment (ESI) contracted by 4.1 points to 92.7 in April from 96.8 in March, according to the European Commission. The monthly drop in April is the sharpest deterioration since May... then. Consumer confidence also showed a marked drop of 9.5 points to -40.5 in April from -31

    2%

  2. Retail turnover falls by 3.3 pct in Feb, down for fourth straight month
    Photo by MacroPolis

    EconomyMacroeconomy

    since the beginning of 2014. The breakdown of February retail sales showed the highest drop... displayed a double-digit drop MoM in clothing and footwear (-18.1 percent) and in department stores

    2%

  3. Greek CPI down by 2.1 pct in April

    EconomyMacroeconomy

    (HICP) showed a slower drop by 1.8 percent in April from 1.9 percent posted in March. Following... showed a downward trend. The highest YoY drop was displayed in housing (-6.8 percent), transport (-4

    2%

  4. General gov't primary surplus halves in Q1, arrears and guarantees jump

    EconomyMacroeconomy

    reversing the 50 percent drop recorded in the 2-month period. In contrast, two gg entities displayed... of 1.26 billion. However, the year to date movement shows a drop by 3.5 percent or 11.43 billion

    2%

  5. Apartment prices down by 3.9 pct in Q1 for seventh straight QoQ fall
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    , the lowest QoQ drop since Q1 2011. The BoG data also showed that the three transaction-related indices... forward call for a further drop by 3.7 percent in 2015 and 1.2 percent in 2016. These estimates were

    2%

  6. Greek stock market up by 3.5 pct over week amid hope of bailout deal

    Economy

    profit eased to 4.1 million from 4.8 million last year. The 15.3 percent drop in bottom-line results mainly reflected a drop in sales by 2.6 percent and an increase in operating expenses by 4.9 percent

    2%

  7. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    by more than 15 percent QoQ to 46.45 billion, with the highest drop recorded by time deposits (-21.4 percent) while savings showed a modest drop by 3.3 percent. As a result, loan to deposit (LTD) ratio

    2%

  8. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    led by Greek operations (-21.1 percent), while general expenses posted a much slower drop by 2.8.... Deposits contracted by 16 percent QoQ to 36 billion in Q1 implying a drop by 6.9 billion year to date

    2%

  9. Minor movements in Greek deposit and loan rates in April

    EconomyMacroeconomy

    percent in April. On the corporate front, the most significant development was the drop by 49 bps... in February. The slight drop in both the average deposit and loan rates resulted in a marginal decline

    2%

  10. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    a drop in April, namely energy (-1.8 percent), capital goods (-1.6 percent) and consumer durables...) and tobacco products (+24 percent). On the flipside, four sectors recorded a drop in their production above

    2%