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  1. Budget primary surplus at 2.33 bln in April on strong PIB underspend
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    year. Interest payments were down by over 25 percent to 2.14 billion, above target by 4 million

    12%

  2. Report on PPC’s viability ruffles feathers and shakes share price
    Image via www.dei.gr

    EconomyFeatures

    be considered viable at a debt to earnings ratio of between 4 to 6, meaning that profits must increase

    12%

  3. Newsletter 162 -18/05/2018

    Newsletters

    times. It concluded that PPC would be considered viable at a debt to earnings ratio of between 4 to 6

    12%

  4. Two weeks left for Athens to settle last remaining prior actions
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyProgramme

    is expected on June 4, will give an indication of whether Greece is on track to meet its projected growth

    12%

  5. Economic sentiment up to 104.2 in May, construction confidence grows by 15.7 pts
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    growth of 8.2 points in April, retail trade dipped by 4 points to 6.4 in May, rising by 6.8 points

    12%

  6. Piraeus Bank sells first real-estate backed NPE portfolio worth 1.95 bln
    Photo by MacroPolis

    EconomyBanking

    by the bank to around 4 billion across 2018.

    12%

  7. Retail sales up by 1.2 pct in March on higher activity in dept stores, clothing

    EconomyMacroeconomy

    . Consumer confidence dropped by 2.2 points in May to -51, following an increase by 4 points to -48.8

    12%

  8. Capital controls eased, allowing larger withdrawals and doubling limit on business transfers abroad
    Photo via Flickr https://flic.kr/p/4hVnhM

    EconomyMacroeconomy

    June 4, starting with the monthly amount that Greeks will be allowed to withdraw from their bank

    12%

  9. Alpha Bank posts net profits of 65.2 mln in Q1, NPEs fall for fifth quarter
    Photo by MacroPolis

    EconomyBanking

    , contributing positively by 4 million euros and partially offsetting the lower interest contribution from

    12%

  10. NBG makes profit of 20 mln in Q1, NPE stock falls again
    Image via www.nbg.gr

    EconomyBanking

    are collateralised. This would bring the total sales of NPLs by the bank to around 4 billion across

    12%