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  1. Greek primary surplus at 1.5 bln in Q1, aided by PIB and social underspend

    Economy

    exceeded their target by 356 million. The 3-month net revenues marginally retreated by 0.4 percent

    2%

  2. Manufacturing PMI rises again, reaching 51.1 in April

    EconomyMacroeconomy

    pace, despite a further decline in new export business. Although the net increase in staff was only

    2%

  3. PASOK stakes coalition survival on voters’ fear of uncertainty
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    a safety net for PASOK by arguing that the results of the local elections (on May 18 and 25) should

    2%

  4. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    austerity while ignoring the social safety net, engaging in relentless artificial political

    2%

  5. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    revenues rebounded in May, the 5-month net revenues continued heading south (-0.8 percent) to 17.3

    2%

  6. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    ’ net interest income particularly in 2012. A later ECB decision in December 2012 to suspend

    2%

  7. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    ) net loans, mainly credit card balances of 0.4 billion c) network of 20 branches with 730 employees

    2%

  8. BoG sees central gov't primary surplus to May at 1.06 bln on cash basis

    EconomyMacroeconomy

    Greece’s central government net balance to May on a cash basis showed the deficit narrowing by 74.4 percent to 1.88 billion from 7.32 billion last year, according to the Bank of Greece (BoG). The 5-month primary cash balance exhibited a similar pattern posting a surplus of 1.06 billion in 2014 from

    2%

  9. HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln

    EconomyBanking

    figure of 898.2 million. In particular, net interest income (NII) mainly deriving from EFSF notes

    2%

  10. Long-term jobless rate of 71 pct poses new set of social challenges for Greece

    Society

    of the jobs market; it is also that the social safety net is not wide enough to provide them

    2%