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  1. Central gov't cash deficit shrinks to 1.27 bln in April

    EconomyMacroeconomy

    of preference shares (by Alpha Bank in April) worth 940 million stands at 13.49 billion, implying a 1.1

    2%
  2. General gov't primary cash surplus to April at 1.69 bln

    EconomyMacroeconomy

    in long-terms bonds by 1.2 billion and a net rise in short and long-term loans by 1.1 and 5 billion

    2%
  3. IMF report sees a number of risks lying ahead for Greece

    EconomyProgramme

    measures are needed to close the projected gaps of 2.02 billion (1.1 percent of GDP) in 2015 and 3.74

    2%
  4. Greek industrial turnover drop accelerates in April

    EconomyMacroeconomy

    2.8 percent), paper and paper products (up 2 percent) and other transport equipment (up 1.1 percent

    2%
  5. General gov't primary cash surplus for Jan-May reaches 1.22 bln as arrears drop

    EconomyMacroeconomy

    March and then reached 1.1 billion at the end of April and 4 billion at the end of May, is most

    2%
  6. Greek jobless rate remains stuck at 27.3 pct for third month
    Photo by Harry van Versendaal

    Economy

    by 1.1 percent in April from 0.5 percent in March. The number of unemployed fell by 2 percent YoY

    2%
  7. After recent series of rises, economic sentiment and consumer confidence dip in July

    EconomyMacroeconomy

    After increasing by almost 8 points in the preceding two months, Greece’s economic sentiment fell by 1.1 points to 102.6 in July, according to the European Commission (EC). Nevertheless, it remains above the 100-point mark for the second straight month, while it has improved by more than 11 points

    2%
  8. Sudden spurt for Greek exports, which rose by 11.3 pct in June

    EconomyMacroeconomy

    to the EU recorded a moderate rise of 1.1 percent. The respective movement in imports was smoother

    2%
  9. Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

    EconomyMacroeconomy

    The Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop. The first quarter was revised downwards to -1.1 percent from -0.9

    2%
  10. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    of 25.7 percent showed the highest quarterly growth (1.1 pp), followed by business loan NPL (+0.5 pp

    2%