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  1. Current account deficit widens to 404 mln in March

    EconomyMacroeconomy

    in the participation of Capital Group in Eurobank’s share capital (by 118 million) partly offset by an inflow of 61 million from an increase in the participation of Fairfax in Eurobank’’s share capital. For the 3-month

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

    EconomyBanking

    billion. According to the full EBA definition, the bank’s non-performing exposure (NPE) ratio rose to 47... instruments under Alpha’s custody. The management estimates that one-third of those deposits that have

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  3. Income inequality in Greece has grown during crisis, OECD report shows
    Photo by MacroPolis

    Society

    is lowest in Denmark (5.2), Slovenia, (5.4) Finland (5.5), Iceland (5.6) and Slovakia (5.7). Greece’s..., by looking at where they fit in their country’s income distribution. The tool is based on the most recent

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  4. Greek GDP falls by 0.2 pct in Q1 as uncertainty impacts on investments
    Photo by Harry van Versendaal

    EconomyMacroeconomy

    . The disclosed figure is in line than the flash estimate announced by ELSTAT on May 13. Today’s... agreement is in place Two of the rating agencies, namely, Moody’s and Fitch are forecasting a GDP

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  5. Greek stock market loses 1.8 pct in week of mixed messages, Q1 results

    Economy

    million in the previous week. However, the Friday’s turnover climbed to 189 million due to the MSCI semi... Group meeting, the 300-million-euro payment due to the IMF on June 5 and the ECB’s updated decision

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

    EconomyMacroeconomy

    Greece’s Manufacturing PMI improved by 1.5 points in May, rising to 48 from 46.5 in April, according to Markit. However, the headline figure points to an overall deterioration of the manufacturing... showed that the drop in May’s incoming new work was largely attributed to uncertainty and adverse

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  7. OECD slashes 2015 growth forecast to just 0.1 pct, raises unemployment and debt figures
    Photo via OECD on Flickr https://flic.kr/p/9Lr6kk

    EconomyMacroeconomy

    , although the OECD assumes an agreement with Greece’s creditors will be found, the Paris-based... due to the government’s aim for smaller primary surpluses. The general government deficit is seen

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  8. Greece makes new proposals in search for deal acceptable to lenders and MPs

    PoliticsGreek Politics

    in the document submitted by the Greek government to the institutions last week. However, Greece’s new... to reduce Greece’s funding needs to the benefit of all voters.

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  9. Greek negotiations: A marathon that has yet to run its course

    Agora

    Greece’s negotiations with its international creditors have now entered its eighth month, with a possible interim agreement due to be discussed in Brussels between Prime Minister Alexis Tsipras... party in the Greek coalition government is a formidable learning experience. SYRIZA’s focus

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  10. Greece deal hangs in balance as IMF sees major differences
    Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]

    PoliticsGreek Politics

    repeated comments by European officials that the ball is in Greece’s court. However, it appears... reiterated the fund’s view for social fairness and equally balanced contribution, yet stressed

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