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  1. Eurobank posts loss of 94.4 mln in Q1 as NPLs, Eurosystem funding rise
    Photo by MacroPolis

    EconomyMacroeconomy

    led core income down 5.4 percent QoQ to 372.8 million in Q1. After rising for seasonal reasons in Q4, operating expenses eased 6.1 percent QoQ. Compared to last year, expenses are down 7.1 percent

    2%

  2. Kostas Karamanlis as comeback kid?
    Photo by Konstantinos Koukopoulos via Flickr https://flic.kr/p/6z5WRZ

    Agora

    has no intention of standing down. Samaras has been clear that he will not launch leadership... Pavlopoulos. The ex-prime minister apparently turned down the opportunity because he felt that he may have

    2%

  3. Greece holds back spending, rakes in one-off revenues for 2.1 bln primary surplus at end of April

    Economy

    below target. In particular, VAT revenues were up 0.3 percent in April and down 2.4 percent... for the third consecutive month by 9.2 percent in April with the 4-month figure down 6.3 percent

    2%

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

    EconomyBanking

    net interest margin (NIM) down by 9 bps QoQ to 2.64 percent after remaining stable in Q4. At the same... 16.7 percent QoQ to 285.5 million. Compared to Q1 2014, staff costs are down by 18.2 percent, mainly

    2%

  5. Waiting for the hurricane
    Photo by Can Esenbel

    Agora

    down Greece’s first leftist-led government. The left in Greece has been battling (literally during... thinking needed to go down this route. It requires levels of competence from the public administration

    2%

  6. Tsipras and lenders leave themselves with fading chances of salvaging deal
    Photo by MacroPolis

    PoliticsGreek Politics

    , Prime Minister Alexis Tsipras told Parliament on Friday that he felt let down by the plan presented... warned Athens about turning down the lenders’ proposal and German Vice Chancellor Sigmar Gabriel

    2%

  7. Greek trade deficit up 6 pct in April despite growth in exports

    EconomyMacroeconomy

    , exports rose by 16.9 percent, whilst imports by 8 percent, leading the respective trade deficit down... imports increased by 1.9 percent leading trade deficit down 10.6 percent. The regional breakdown

    2%

  8. Greek C/A deficit shrinks by 17 pct in April as imports drop faster than exports
    Photo by MacroPolis

    EconomyMacroeconomy

    , while imports reached 3.36 billion driving goods’ deficit down by 4.4 percent to 1.64 billion. BoD said... rates, down 7.9 and 7.5 percent respectively. However, since imports in absolute figures is around

    2%

  9. Budget primary surplus at 1.51 bln end-May, revenues fall short by 978 mln

    EconomyMacroeconomy

    30 percent down year on year, and 2.08 billion better than target. Revenues (before tax refunds... displayed direct taxes tumbled 44 percent to 945 million in May bringing the 5-month figure down 16.3

    2%

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

    EconomyProgramme

    the rating agencies have officially updated their 2015 GDP estimates. On June 30, Fitch revised down... and paying down short-term borrowing (7.7 billion). Summing up, gross funding needs could reach 61.7

    2%