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  1. Q1 gg primary cash balance shows 2.5 bln surplus but 2014 arrears grow

    EconomyMacroeconomy

    stems from the public healthcare provider EOPYY. The latter’s figure showed a marginal rise of 11..., although flat month on month, hospital’s arrears showed the second biggest year to date rise at 200

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  2. Jobless rate drops for fifth month to 26.5 pct in Feb but employed also falling
    Photo by Harry van Versendaal

    Economy

    . The European Commission’s and the International Monetary Fund’s latest projections on the Greek

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  3. Imports soar by 7 pct in March as exports rise for first time since Sept

    Economy

    Greece’s imports rose by 7 percent to 3.97 billion in March, a much faster pace than February’s increase of 2.3 percent, according to the flash estimates released by Hellenic Statistical Authority (ELSTAT) on Thursday. Exports grew by a more modest 1.4 percent to 1.15 billion in March resuming

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  4. CPI down 1.3 pct in April as Greece remains in deflation for 14th month

    EconomyMacroeconomy

    and footwear (-2.2 percent) and hotels, cafes and restaurants (-2.2 percent). The latter’s movement... territory for the first time in recent years in March 2013, while the CPI’s decline peaked at -2.9

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  5. Building activity continues to crumble, falling by 20.7 pct in Feb

    EconomyMacroeconomy

    declined by 24.2 percent, which was slightly lower than the country average. Attica’s share of total... prices in 2014, slowing to -2 percent in 2015 and to zero in 2016. Fitch’s projection for 2014

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  6. Q1 GDP contracts 1.1 pct as Greece eyes growth in 2014
    Photo by MacroPolis

    EconomyMacroeconomy

    of Greece and Fitch are similar (0.5 percent), while S&P and Moody’s expect a milder rebound of 0.3 percent... show a double-digit growth. These developments appear to support the government’s belief

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  7. March fall for Greek industrial turnover is ninth in 15 months

    EconomyMacroeconomy

    ). Despite the recorded drop in the industrial turnover in March, Markit’s Manufacturing PMI showed..., but the return to growth in employment was the real highlight from April’s survey. Among other things

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  8. Bond issued for capital support of Greek banks in 2009 reaches maturity

    Economy

    determined by the Bank of Greece, Eurobank’s recent equity raising of 2.86 billion actually covered... billion, reducing accordingly the country’s debt and funding gap for 2014. The remaining amount of 2.78

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  9. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    outflows, the bank’s reliance on Eurosystem funding narrowed by 0.7 billion within Q1 and by a further 3.8... of 2.86 billion, the bank’s pro-forma Core Tier I (CET1) ratio improved to 17.7 percent from 11.3

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  10. Alpha Bank posts loss of 94.1 mln in Q1
    Photo by MacroPolis

    EconomyBanking

    . This year’s financial performance showed a pre-provision income (PPI) of 250 million euros from 72 million... securitisation of shipping loans, issue of covered bonds and tapping capital markets. The bank’s pro

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