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  1. 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%

  2. 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%

  3. 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%

  4. 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%

  5. 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%

  6. 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%

  7. 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%

  8. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    falling for a third straight month. They were down by 6.6 percent in May and 4.5 percent in the 5-month... to -3.3 percent in May (from -2.7 percent in April) leading the 5-month figure down 8.4 percent

    2%

  9. Lower expenditure helps Greece post 707 mln primary budget surplus in first half of 2014
    Photo by MacroPolis

    Economy

    , leading the 6-month figure down 6.4 percent to 1.32 billion. Nevertheless, the actual figure outperformed... figure down 3.7 percent to 6.34 billion, 125 million below target. Consumption taxes showed a higher

    2%

  10. End of troika in Greece would create new challenges for coalition

    PoliticsGreek Politics

    been whittled down to just two and which may be forced to go to snap elections early next year has... would be that this package of reforms would not go down well with voters. There is little doubt

    2%