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  1. Greek bank credit contracts by 2.5 pct in March

    EconomyMacroeconomy

    of the year. Housing loans fell by 3.3 percent in March, from 3.1 percent in February, with balances

    4%

  2. Greek CPI down by 2.1 pct in April

    EconomyMacroeconomy

    percent), miscellaneous goods and services (-3.3 percent) and education (-3.1 percent). On the flipside

    4%

  3. Piraeus Bank brings Q1 2015 losses down to 69 mln
    Photo by MacroPolis

    EconomyBanking

    percent) while savings showed a modest drop by 3.3 percent. As a result, loan to deposit (LTD) ratio

    4%

  4. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    forecast to 2.3 percent (from 3.3 percent), noting that the economic recovery will gain momentum amid

    4%

  5. Unemployment unchanged at 25.6 pct in Mar but number of employed still falling

    EconomyMacroeconomy

    . This is the highest reading since March 2013. The historical low of 3.3 million was posted in June 2014

    4%

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

    EconomyMacroeconomy

    at 14.95 billion (4.8 percent) and repos at 10.31 billion (3.3 percent). According to a document

    4%

  7. Newsletter 30 - 12/06/2015

    Newsletters

    billion, 3.3 billion of Some market participants have raised doubts about the central bank’s approach

    4%

  8. Severe underspend covers lower revenues for end-May primary surplus

    Economy

    reading in the course of 2015. As a result, the 5-month figure fell 3.3 percent to 17.96 billion

    4%

  9. Eurosystem funding for Greek banks up by 3.56 bln in May to reach 116.4 bln
    Photos by Dennis Skley via Flickr https://flic.kr/p/qcppmH

    EconomyMacroeconomy

    funding in May is similar to the increase of 3.3 billion in the ELA limit that was decided

    4%

  10. The lenders proposals on debt and funding needs that Greeks will vote on in referendum

    EconomyProgramme

    with a disbursement of 12 billion from the EFSF (8.7 billion) and SMP and ANFA income (3.3 billion) coupled

    4%