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  1. European Commission review of Greek programme: The key points

    EconomyProgramme

    parts of the general government, without specifying any amount. Greece’s net financing needs

    6%

  2. Slight rise in deposits for March but outflows at 2.2 bln for 2014

    EconomyMacroeconomy

    Greek private sector deposits rose 0.3 percent month on month (MoM) in March, with balances reaching 161.05 billion euros, according to the Bank of Greece (BoG). Net flow turned positive for the first time since December with inflows amounting to 501 million in March from outflows of 318 million

    6%

  3. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    exceeded their target by 356 million. The 3-month net revenues marginally retreated by 0.4 percent

    6%

  4. Manufacturing PMI rises again, reaching 51.1 in April

    EconomyMacroeconomy

    pace, despite a further decline in new export business. Although the net increase in staff was only

    6%

  5. PASOK stakes coalition survival on voters’ fear of uncertainty
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    a safety net for PASOK by arguing that the results of the local elections (on May 18 and 25) should

    6%

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

    EconomyMacroeconomy

    Greece’s central government net balance to April on a cash basis showed the deficit shrinking to 1.27 billion euros, 4 billion lower than a year earlier, according to the Bank of Greece (BoG). The 4-month primary cash balance turned positive at 1.33 billion from deficit of 2.81 billion

    6%

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

    EconomyProgramme

    provisions over NPLs) stood at 49 percent, while NPLs net of provisions exceeded the bank’s capital (138

    6%

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

    EconomyMacroeconomy

    revenues rebounded in May, the 5-month net revenues continued heading south (-0.8 percent) to 17.3

    6%

  9. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    ’ net interest income particularly in 2012. A later ECB decision in December 2012 to suspend

    6%

  10. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    ) net loans, mainly credit card balances of 0.4 billion c) network of 20 branches with 730 employees

    6%