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  1. December fails to boost Greek retail sector: Sales fell by 6.7 pct
    Photo by MacroPolis

    Economy

    Greece’s retail trade index fell by 6.7 percent in December in terms of turnover and was down by 6.1 percent as far as volume is concerned, according to data published by the Hellenic Statistical... Commerce (ESEE), tweeted that retail sales reached 4.7 billion euros, which was 19 percent down

    2%

  2. Industrial production up 1.1 pct in Jan, first consecutive rise since Aug 2007

    EconomyMacroeconomy

    and intermediate goods showed a modest increase of 1.3 and 0.9 percent respectively. Consumer durables (down 7.8 percent) was the sector mostly hit by the economic crisis followed by non-durables (down 1.2

    2%

  3. Greek recession slowed from revised 7 pct in 2012 to 3.9 pct last year

    EconomyMacroeconomy

    measures that eroded household disposable income (down by 7.5 – 8.8 percent in the first three quarters... a negative trend in the fourth quarter (down 5.6 percent), following a 2.7 percent rise in the third quarter

    2%

  4. A return to capital markets for Greek banks but no return to domestic lending
    Photo by Can Esenbel [www.mundanepleasures.com]

    Agora

    shareholders difficult to turn down at present. By contrast, domestic depositors are drawing down

    2%

  5. Four months of decline in industry turnover almost comes to stop in February

    Economy

    . On the flipside, a double-digit drop was recorded in the sectors of electrical equipment (down 37.4 percent) and wood and cork (down 30.2 percent). The majority of the other sectors posted a single-digit

    2%

  6. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    taxes fell 5.6 percent in April bringing the four-month figure down 6.5 percent to 2.33 billion, 252... revenues down 1.3 percent to 13.84 billion, 1.05 billion short of target. Primary expenditure fell 2.7

    2%

  7. Greek trade deficit increases by 14.7 pct in March

    EconomyMacroeconomy

    drop in imports (down 0.3 percent) and a higher decline in exports (down 3 percent). The former

    2%

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

    EconomyBanking

    last year, counterbalanced by impairments on loans at 395 million, which were down 21.8 percent year... that Yannis Costolpoulos (76) executive Chairman since 2005 decided to step down and was replaced

    2%

  9. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    a more acute fall in yield on the 3-month notes. It was down by 180 bps in the year to date, falling... the most volatile performance, with interest rates moving significantly up or down each month

    2%

  10. Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010

    EconomyMacroeconomy

    in gross capital formation (down 58.5 percent) and households’ consumption (down 27.4 percent

    2%