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Piraeus Bank brings Q1 2015 losses down to 69 mln
EconomyBankingbillion in mid-May. The breakdown of the most updated figure includes ECB funding of 15.1 billion
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Alpha Bank reports lower losses of 115.8 mln in Q1 2015
EconomyBankingthat Eurosystem funding further rose to 25.4 billion in mid May on continued deposit outflows of 1.5 billion
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National Bank posts losses of 159 mln in Q1 2015
EconomyBankingincreased from 14.2 billion in Q4 to 23.6 billion euros in Q1 and further to 25.3 billion on May 19
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Income inequality in Greece has grown during crisis, OECD report shows
Societyeffective tax rates. This may create a disincentive to work, especially when non-standard jobs
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Deposit outflow rises to 4.7 bln in April as balances drop to lowest since Sept 2004
EconomyMacroeconomybillion in the course of May, while the ELA cash liquidity buffer currently stands at 3 billion.
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Downturn in retail trade eases to 0.4 pct in March
EconomyMacroeconomyby 3.1 points to -43.6 in May, while the retail trade indicator rose by 0.8 points to 0.2, which
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IMF appointment sends ripples of discontent through SYRIZA
PoliticsGreek Politicspremature... — Yanis Varoufakis (@yanisvaroufakis) May 31, 2015 There has also been speculation
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OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
EconomyMacroeconomyGreek exports could be higher than anticipated as the impact of the competitiveness gains may
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Unemployment unchanged at 25.6 pct in Mar but number of employed still falling
EconomyMacroeconomy. This is the lowest reading since May 2012. The jobless figure has almost tripled over the last
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Waiting for the hurricane
Agorathe government’s negotiating strategy in February. By May this figure had dropped to 35 percent
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