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  1. Underspend and improving revenues lead to budget primary surplus of 2.67 bln in Q1
    Photo by MacroPolis

    EconomyMacroeconomy

    short of target. Consumption taxes remained flat at 1.8 billion euros, 91 million below target

    13%

  2. Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

    EconomyMacroeconomy

    contraction of 0.9 percent, while S&P expects essentially flat growth for this year.

    13%

  3. Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
    Photo by MacroPolis

    EconomyBanking

    guarantee expense, while the other fee income components remained almost flat. The bank also recorded other

    13%

  4. Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending

    EconomyMacroeconomy

    figures for the 4-month show revenues remained almost flat (-0.1 percent) at 15.03 billion euros, beating

    13%

  5. Current account deficit more than halves to 708 mln in March

    EconomyMacroeconomy

    and ships, exports remained almost flat, while the corresponding imports dropped by 1.4 percent

    13%

  6. Travel receipts rebound 8.2 pct in March, but surplus drops 3.6 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    almost flat (-0.1 percent) at 515.4 million, while the corresponding payments eased 2.6 percent

    13%

  7. Central government debt edges down to 321 bln in Q1

    Economy

    Investment Bank (EIB), stayed flat at 7.41, while Bank of Greece holds loans of 3.79 billion, unchanged

    13%

  8. Net profit of 87 mln for NBG in Q1
    Photo by MacroPolis

    EconomyBanking

    stayed almost flat at 74.5 percent remaining the highest among its domestic peers. In Greece

    13%

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

    EconomyMacroeconomy

    forecasting a recession of 0.9 percent, while S&P expects essentially flat growth for 2016.

    13%

  10. General gov't primary cash surplus for Jan-Apr quadrupled to 2.6 bln, arrears stable at 6.7 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    , largely related to payments to the IMF. The other debt components remained almost flat in April

    13%