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  1. Greek economy slips into recession as Q1 GDP contracts by 0.2 pct QoQ
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    by 26 percent. The government expects the economy to grow this year by more than the 0.8 percent recorded last year and possibly by as much as 1.5 percent. This is lower than the 2.9 percent initially

    3%

  2. SYRIZA caught in push and pull between voters and members over deal
    Photo by Myrto Papadopoulos (www.myrtopapadopoulos.com]

    PoliticsGreek Politics

    . In order to keep the budget on track, the government has had to spend much less than planned. Budget data showed this week that the coalition had spent about 1.5 billion euros less than had been planned

    3%

  3. Greek debt falls to 312.7 bln in Q1 after return of EFSF bonds

    Economy

    . The total debt stock has a weighted average residual maturity of 15.67 years, slightly lower than... of outstanding debt has a residual maturity of more than 5 years, fully attributed to FSN loans, while 13

    3%

  4. Smaller rise of 737 mln for unpaid taxes in April

    EconomyMacroeconomy

    million euros against the legacy tax arrears in the 4-month period corresponds to more than 42 percent... better than target and is most likely attributed to the outcome of the new settlement process. However

    3%

  5. Travel receipts up 13.3 pct in March as tourist arrivals increase by 34.4 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    to soaring international tourist arrivals (up 45.6 percent) to 1.73 million, which more than offset... bringing the 4-month rate at 17.5 percent, significantly lower than the 28.8 percent posted

    3%

  6. Reopening public broadcaster poses multiple challenges for Tsipras

    PoliticsGreek Politics

    of her role - which is to all intents and purposes an institutional rather than political position... Monday’s hearing, Pappas said that fewer permits than is currently the case would be issued when

    3%

  7. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
    Photo by MacroPolis

    EconomyBanking

    percent. Over the last twelve months, the headcount has been reduced by more than 1,700 to 15,149..., Q1 figure returned to normal levels at 426 million, which however is higher than the respective

    3%

  8. Creditors devise proposal in Berlin, Tsipras prepares ground in Athens
    Photo by MacroPolis

    PoliticsGreek Politics

    deadline is to pressing to allow for any other route than a take-it-or-leave-it offer for Prime... of the discussion were made immediately available, other than a reference to the need for negotiations

    3%

  9. PMI improves in May but points to further deterioration in manufacturing

    EconomyMacroeconomy

    month but the rate of contraction was moderate and slower than that of April. The largest drop... of employment drop was relatively modest and slightly faster than in April. Purchasing activity also

    3%

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

    EconomyMacroeconomy

    unemployment among males and females recorded a similar drop by more than 1 pp YoY to 29.3 percent... at 21.5 percent despite its MoM jump by more than 3 pp. The European Commission (EC) spring economic

    3%