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  1. National Bank posts losses of 159 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    weaker NII from Turkey (down 12 percent in TL terms) and Greece (-2 percent). The lower Greek NII

    2%
  2. IMF appointment sends ripples of discontent through SYRIZA
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    PoliticsGreek Politics

    of April. Immediately after the meeting, he announced that he would be standing down. This means

    2%
  3. PMI improves in May but points to further deterioration in manufacturing

    EconomyMacroeconomy

    , with new orders down for the ninth successive month. At the same time, the average purchase prices

    2%
  4. Minor movements in Greek deposit and loan rates in April

    EconomyMacroeconomy

    in the time deposit rate led the average rate on new deposits down by 1 bp accordingly to 1.12

    2%
  5. Sharp drop in gg primary surplus by end-April, arrears keep rising
    Photo by MacroPolis

    EconomyMacroeconomy

    surprise came from tax refunds with their arrears down 63 million euros YtD to 692 million (14

    2%
  6. Industrial production up again in April but at slower rate of 0.4 pct

    EconomyMacroeconomy

    by mining and quarrying production, down 2.6 percent. Three of the five main industrial groupings posted

    2%
  7. Greece: After a deal, work on a solution
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    be expansionary until the economy has recovered its lost output and unemployment has come down

    2%
  8. Tsipras points to debt relief roadmap as deal clincher
    Photo by MacroPolis

    PoliticsGreek Politics

    Given that the government has backed down considerably from its pre-election positions and has

    2%
  9. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    expenditure fell by 4.8 percent in May, leading the 5-month figure down by 6 percent to 15.65 billion

    2%
  10. Greece and lenders talk at cross purposes, head for crisis summit
    Photo by EU Council Eurozone https://flic.kr/p/dUgXKJ

    PoliticsGreek Politics

    to overcome in the next few days as it seems that neither side wants to be seen to be backing down. Caustic

    2%