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  1. Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates
    Photo by MacroPolis

    EconomyMacroeconomy

    remains the biggest contributor to GDP accounting, making up just over 69 percent of the total figure

    10%
  2. Corporate lending rates resume upward trend in April, time deposit rate stable
    Photo by MacroPolis

    EconomyMacroeconomy

    a decline in the overnight rate, the weighted average rate on total new deposits eased by 3 bps to 0.45

    10%
  3. Turnover in tourism sector drops at an accelerating pace of 11.7 pct in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    . According to the annual economic report of the World Travel and Tourism Council (WTTC), the total

    10%
  4. EWG clears 7.5 bln tranche for Greece in first step before disbursement
    Photo via Flickr https://flic.kr/p/hBR9WW

    EconomyProgramme

    stand at 1.74 billion in the June-December period. From the total amount of the two sub-tranches of 10.3

    10%
  5. Hirings outpace job departures by 76,591 in May for fourth positive monthly balance in a row
    Photo by MacroPolis

    EconomyMacroeconomy

    that gross hirings of 230,965 in May were only partly offset by a total of 154,374 departures

    10%
  6. Five-month budget primary surplus of 2.27 bln, revenues outperform in May

    EconomyMacroeconomy

    , in line with target. Overall, total expenditure eased by 0.8 percent to 18.91 billion, 2.37 billion

    10%
  7. Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease

    EconomyMacroeconomy

    at a slower pace of 11.2 percent, but it makes up just a fraction of the total index. The industrial

    10%
  8. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    sharply fell by 34.2 and 12.5 percent respectively, while total arrivals from the EU dropped by 13.6

    10%
  9. Uncomfortable parallels: The Greek and British referendums
    Photo by MacroPolis

    Agora

    of the total UK population when it is actually around 5 percent. Britons also vastly overestimate how

    10%
  10. ECB reinstates waiver in first step towards improving liquidity conditions for Greek banks
    Photo by ECB via Flickr https://flic.kr/p/qqjzQG

    EconomyBanking

    bonds (GGBs) and 7.7 billion of T-Bills that could become ECB-eligible. However, since only a total

    10%