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

    EconomyBanking

    percent. Over the last twelve months, the headcount has been reduced by more than 1,700 to 15,149..., Q1 figure returned to normal levels at 426 million, which however is higher than the respective

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  2. Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
    Photo by MacroPolis

    EconomyMacroeconomy

    Greek private sector deposit outflows accelerated to 4.66 billion euros in April, which is more than double compared to the March figure of 2.19 billion, according to the Bank of Greece (BoG... a drop by more than 19 percent on the end-November balance of 164.3 billion. The depositor sentiment

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  3. Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
    Photo by MacroPolis

    PoliticsGreek Politics

    deadline is to pressing to allow for any other route than a take-it-or-leave-it offer for Prime... of the discussion were made immediately available, other than a reference to the need for negotiations

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  4. PMI improves in May but points to further deterioration in manufacturing

    EconomyMacroeconomy

    month but the rate of contraction was moderate and slower than that of April. The largest drop... of employment drop was relatively modest and slightly faster than in April. Purchasing activity also

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  5. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    unemployment among males and females recorded a similar drop by more than 1 pp YoY to 29.3 percent... at 21.5 percent despite its MoM jump by more than 3 pp. The European Commission (EC) spring economic

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  6. The key points from Greece's proposal to lenders

    EconomyProgramme

    of the property does not exceed 200,000 euros, the annual family income is not higher than 35,00 euros and the total household assets do not exceed 270,000 of which deposits not higher than 15,000 euros. Energy 1

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  7. Greece deal hangs in balance as IMF sees major differences
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    PoliticsGreek Politics

    are slightly lower than those in Germany, whilst Greek GDP per capita is less than half the German figure

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  8. PASOK elects new leader, hopes to stop slide and regroup

    PoliticsGreek Politics

    successor with more than 50 percent of the ballots cast (51.6 percent). An indication of how far PASOK’s popularity has plummeted is that less than 50,000 people voted for the three candidates on Sunday

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  9. Bank of Greece warns of dangers in failure to reach deal with lenders
    Photo by MacroPolis

    EconomyMacroeconomy

    of primary surplus targets should be ensured via structural interventions rather than revenue... (35.6 percent). As expected, the NPE coverage ratio stands at lower than that of NPL at 44 percent

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  10. Unemployment, cronyism and corruption fuel Greek brain drain
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Society

    in ten earned more than that. As regards benefits, 66 percent said they had medical care, 54 percent... more than 2,000 euros a month.

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