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

    EconomyMacroeconomy

    million from 1 million in March. Total credit contraction has been hovering at circa 4 percent since

    13%

  2. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    of a voluntary retirement scheme and synergies with the two merged banks. The bank targets total cost savings

    13%

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

    EconomyMacroeconomy

    visits from Russia and Ukraine, which account for 15 and 2 percent of total and contribute 13 and 2

    13%

  4. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    Alpha Bank, the third largest Greek bank by total assets, posted a Q1 net loss of 94.1 million euros from profit of 230.4 million last year. The latter excludes the negative goodwill of 3.28 billion euros related to Emporiki acquisition that had positively impacted the reported bottom-line

    13%

  5. As SYRIZA looks towards centre, will New Democracy turn to its right?
    Photo by MacroPolis

    PoliticsGreek Politics

    -drachma Plan B drew a combined total of just 0.9 percent. The Communist Party (KKE) increased its share

    13%

  6. May sees 48.7 pct rise in number of new cars in circulation

    EconomyMacroeconomy

    licences (accounting for more than 80 percent of total) stems from passenger cars, which soared 49.2

    13%

  7. Greek Q1 unemployment remains at record quarterly high of 27.8 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    employment accounts for 9.2 percent of total employed. The breakdown shows that almost two thirds

    13%

  8. Greek building activity drop decelerates to 16 pct in March

    EconomyMacroeconomy

    building activity accounts for 22 percent of total, the decrease was slightly smoother than

    13%

  9. Greek industrial turnover drop accelerates in April

    EconomyMacroeconomy

    , this had a minimal impact on the headline figure, since it makes up only a fraction of the total turnover

    13%

  10. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    related to Greek banks’ capital increases with Alpha, Eurobank and Piraeus raising a total of 5.8

    13%