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  1. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    . Monthly net additions hiked to 84 million from net deductions of 5 million in April. Despite the modest

    11%
  2. Greece shelves water privatisation plans, leaving gap in revenue targets

    Economy

    . In addition, eight investment groups submitted on June 5 expressions of interest for the sale of a 67

    11%
  3. After landmark return in April, Greece prepares to tap bond markets again
    Photo by MacroPolis

    Economy

    with a coupon of 5 percent on March 18. One month later, National Bank issued a 5-year note of 750

    11%
  4. Industrial production rises again in May, by 1.8 pct, after two months of decline

    EconomyMacroeconomy

    ) showed it improved by 5 points to 26 in June from 21 in May. In addition, 36 percent of the firms

    11%
  5. NPLs: The Achilles heel of the Greek banking system

    Agora

    5 billion. This is explained by a wider loan base (230 billion) used by the BoG. This refers

    11%
  6. As imports rise, Greek C/A balance flips back to deficit in May

    EconomyMacroeconomy

    fell to 5 billion euros at the end of May from 5.2 billion at the end of April. Nevertheless

    11%
  7. Here's why IOBE think tank sees Greek economy growing 0.7 pct this year

    Economy

    retreating this year by 2 to 3 percent (from a previous estimate that they would rise by 5 to 8 percent), yet

    11%
  8. Greek retail sales dive 8.5 pct in May after brief rise in April
    Photo by MacroPolis

    EconomyMacroeconomy

    figures. Over the past 5 years, the retail turnover has retreated 26 percent reflecting a similar drop

    11%
  9. BoG shows lower deposit rates and a sharper drop in loan rates in June

    EconomyMacroeconomy

    to 2.81 percent, while that for sole proprietors fell by 5 bps to 9.02 percent. In contrast, the rate

    11%
  10. Greeks living in smaller, older, poorer quality homes during crisis, BoG study shows
    Photo by Harry van Versendaal

    Society

    percent in 2008-2012 compared to an annual growth of 0.3 percent in the preceding 5 years

    11%