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  1. Finance Ministry wavers as revenues remain at the forefront

    EconomyProgramme

    , local media report that the fiscal gap is seen at around 2 billion by the institutions and below 1... said that additional VAT revenues should reach 1 percent of GDP, corresponding to 1.8 billion euros

    3%
  2. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    -offs of 300 million euros in the quarter. The slight rise mainly stems from an almost 1 pp increase... Common Equity Tier 1 (CET1) ratio slipped to 11.9 percent in Q1 from 12.1 percent in Q4 and reflects

    3%
  3. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    pace by 1 percent YoY in Q1 after slipping by 0.7 percent in the previous quarter. However, it grew... released before two months pointed to international arrivals at 25 million, up by 1 million compared

    3%
  4. Growth in accommodation and food services turnover slows to 6 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    in February 24, SETE were saw international arrivals at 25 million, up by 1 million compared to 2014... this increase should be effective as of July 1. If confirmed, this would certainly negatively impact both

    3%
  5. Tsipras points to debt relief roadmap as deal clincher
    Photo by MacroPolis

    PoliticsGreek Politics

    totalling 1 percent of GDP, or 1.8 billion euros. On pensions, the government has so far proposed... of 1 percent of GDP for this year and 2 percent in 2016), Tsipras needs to bring back something from

    3%
  6. As Greek deadline looms, this is how the next days could play out

    EconomyProgramme

    . There are several options: 1) The Eurogroup approves the disbursement of the last EFSF tranche of 1.8... a programme as of July 1 for the ECB to continue providing liquidity to the Greek banks via the Emergency

    3%
  7. Greece seeks 3-year programme that could exceed 65 bln

    EconomyProgramme

    until the end of 2018 standing at 29.8 billion euros including 1) Payments to the IMF of 9.9 billion... with a positive or negative impact on the gross amount. 1) The preliminary DSA called

    3%
  8. Unemployment rate slips to 25.6 pct in April, lowest since July 2012

    EconomyMacroeconomy

    with a drop in the number of jobless by 1 percent compared to March. The drop in the number of unemployed... for males to 22.2 percent, while that for females eased by less than 1 pp to 29.8 percent

    3%
  9. A breakdown of what Tsipras and European lenders agreed to

    EconomyProgramme

    deficit clause to be implemented retrospectively as of January 1, 2015. o Adopt a series of product..., including in SMEs. EC will propose to increase the level of pre-financing by 1 billion to give

    3%
  10. ELA funding up by 9.2 bln in June, banknotes in circulation reach all-time high

    EconomyMacroeconomy

    billion, which is the highest reading since December 2012. ECB funding rose by almost 1 billion to 39.8... currently from zero last December 2014 stems from: 1) Extended deposit withdrawals of around 48 billion

    3%