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  1. SYRIZA stumbles again on way to May elections

    PoliticsGreek Politics

    SYRIZA landed itself in more hot water this week with its candidate choices for next month’s local and European Parliament elections, creating more doubt about the party’s credentials. The leftist party has dropped one candidate, another has been forced to step down, while a third may also have

    3%

  2. Piraeus Bank reports loss of 247 mln for Q1
    Photo by MacroPolis

    EconomyBanking

    the elimination of deferred tax asset (DTA), the fully-loaded Basel III CET1 landed at 11 percent. The latter

    3%

  3. Cost of Greek corporate loans rises in April, remains well above euro average

    EconomyMacroeconomy

    for the second consecutive month in April. It landed at 3.03 percent from 2.81 percent in December

    3%

  4. Greek banks' Eurosystem funding at lowest since Jan 2010; ELA also wiped out

    EconomyMacroeconomy

    Greek banks’ Eurosystem funding fell by 11.3 billion euros in May, the highest monthly drop since January 2013, according to the Bank of Greece's (BoG) monthly financial statement. The headline figure landed at 50.66 billion at the end of May, which is the lowest reading since January 2010

    3%

  5. Greek economic sentiment breaks through 100-point mark for first time since 2008

    EconomyMacroeconomy

    , but not steady, trend. In February 2014 it landed at -65.2. This corresponds to a total increase

    3%

  6. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    , arrears stemming from healthcare provider EOPPY headed north in 2014. The landed just shy

    3%

  7. Greek trade deficit up by 21.9 pct in May as exports sink further

    EconomyMacroeconomy

    , while exports landed at 10.65 billion. Excluding oil products, the 5-month imports posted

    3%

  8. Credit contracts by 3.5 pct in June, balances at 214.81 bln

    EconomyMacroeconomy

    credit landed at 27.74 billion down 2.7 percent with marginal net deductions of just 3 million in June

    3%

  9. Apartment prices see 22nd straight quarter of decline: Down 7.3 pct in Q2
    en_GB Photo by Harry van Versendaal

    EconomyMacroeconomy

    , the apartment price index landed at 65.1 in Q2 2014, which indicates a cumulative nosedive of 36.3 percent from

    3%

  10. Unemployment at 27.2 pct in May, hardly changed from previous months

    EconomyMacroeconomy

    landed at 34.3 percent, down 3 pp YoY. The latter slipped to 24 percent from 24.1 percent last year

    3%