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  1. Greek stocks down 4.6 pct during week after Friday’s sell-off

    Economy

    to date losses to 19 percent. Only two stocks from the 25 FTSE/Large Cap constituents recorded gains

    12%
  2. Encouraging signs for Greek banks in Q1 results but NPL management looms large
    Photo via Flickr https://flic.kr/p/4hVnhM

    Agora

    , their cumulative loan loss reserves (LLR) reached 57.9 billion euros in Q1 corresponding to 25 percent

    12%
  3. BoG cautions on impact of tax rises, updates on rising NPEs
    Photo by MacroPolis

    EconomyMacroeconomy

    that 25 percent are classified as unlikely to be paid, while banks proceeded to declaration of breach

    12%
  4. Commission sees lower Greek financing needs, provides timetable for course of programme

    EconomyProgramme

    reflects lower bank recapitalisation needs by 19.6 billion (5.4 billion were used from the 25 billion

    12%
  5. Lower foreign arrivals lead to 7 pct drop in April travel receipts
    Photo by MacroPolis

    EconomyMacroeconomy

    the 5-month period. SETE projects foreign arrivals to rise by more than 6 percent to 25 million in 2016

    12%
  6. Study estimates tax evasion costs taxpayer up to 16 bln annually

    Economy

    to the study. In particular, workplace controls showed undeclared work significantly rose from 25 percent

    12%
  7. Piraeus port law amended, resolving dispute with COSCO over privatisation deal
    Photo via Flickr https://flic.kr/p/4LoFsN

    EconomyCorporates

    six political parties voted in favour of the sale, while 25 lawmakers from the Communist Party

    12%
  8. Adult skills in Greece lacking, indicates OECD survey
    Photo by MacroPolis

    Society

    counterparts is narrower than in most participating countries. Graduates aged 25 to 65 score 19 points

    12%
  9. Greek stocks rebound 1.9 pct during week but fail to match European markets
    Photo via www.helex.com

    Economy

    percent. Only five of the 25 FTSE/Large Cap constituents fell this week with the most notable drops

    12%
  10. Unemployment rate falls again, reaching 23.3 pct in April - lowest since March 2012
    Photo by MacroPolis

    EconomyMacroeconomy

    and further to 23.6 percent in 2017, while IMF foresees a higher unemployment rate for this year at 25

    12%