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

    EconomyBanking

    Core Tier 1 (CET1) stood at 14.4 percent. Taking into account the negative impact from

    1%
  2. In the absence of light, darkness grows
    Photo by Myrto Papadopoulos [www.myrtopapadopoulos.com]

    Agora

    into account the minor parties on the far fringes of the political spectrum, this means that almost one

    1%
  3. Greek economy contracts 0.9 pct in Q1, slowest pace since Q1 2010

    EconomyMacroeconomy

    after a 12.8 percent drop last year. Taking into account Q1 performance, this specific target seems

    1%
  4. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    every month remains a risk factor on tax collection going forward. Taking into account

    1%
  5. BoG sees encouraging signs for Greek economy but warns on reforms

    Economy

    conditions and an increase in global demand. Current account (C/A) balance is expected to remain

    1%
  6. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    . The 450 million shares account for 3.5 percent of total Alpha shares. This means HFSF’s share

    1%
  7. C/A deficit to April narrows by 34.7 pct boosted by services

    EconomyMacroeconomy

    Greece's April current account (C/A) deficit slightly rose by 1.3 percent to 1.17 billion from 1.15 billion last year, according to the Bank of Greece (BoG). The moderate increase reflects a rise in the trade and current transfers’ deficits by 184 and 33 million respectively more than offsetting

    1%
  8. European Commission paper highlights challenges for Greek exports

    Economy

    of openness is more pronounced when taking into account the size of the economy. The report notes that small

    1%
  9. Greek union data suggest workers get paid late or in kind

    Society

    420,000 new hirings in the first four months of 2014 shows that flexible working patterns account

    1%
  10. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    on EYDAP creates a new situation” that the privatisation fund had to take into account. This means

    1%