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  1. OECD sees 3.3 bln euros of savings Greece can make by cutting red tape

    EconomyMacroeconomy

    at 580 million per year. The main recommendations are: Abolish requirement to publish annual financial

    11%
  2. Apartment prices fell 7.5 pct in Q1, down for the 21st successive quarter

    EconomyMacroeconomy

    widening of the property tax base and the sharp rise in the property tax per capita has inevitably led

    11%
  3. Greek Jan-Apr primary budget surplus rises above 1 bln despite revenue shortfall

    Economy

    of Information Systems. This implies an average increase of unpaid taxes by 1.2 billion per month

    11%
  4. Budget execution shows primary surplus of 711 mln, 503 mln ahead of target

    EconomyMacroeconomy

    period. This implies an average figure exceeding 1 billion per month. Although the April figure of 763

    11%
  5. Alpha Bank acquires Citigroup's retail banking unit in Greece
    Photo by MacroPolis

    EconomyBanking

    the HFSF cost per share was 0.44 euros, during the bank’s recapitalisation last year, the HFSF

    11%
  6. Ιnterest in exercising Alpha's warrants remains rather limited
    Photo by MacroPolis

    EconomyBanking

    ) with an interest rate of 3 percent increasing by 1 percent per annum. Thus, HFSF potential capital gains

    11%
  7. Greek union data suggest workers get paid late or in kind

    Society

    hired on 1-month, 4-hour working contracts for 180 euros. This implies a wage of 2.25 euros per hour

    11%
  8. Greek primary budget surplus at 707 mln as revenues beat target in May

    Economy

    exceeding 1 billion euros per month. Indirect taxes continued were in line with the target despite

    11%
  9. Credit contracts at slower rate of 3.5 pct in May, balances down to 214.3 bln

    EconomyMacroeconomy

    followed by households at 246 million. The breakdown per segment showed loans to individuals & private non

    11%
  10. Political tremors shake Spain, overshadow economic progress
    Photo by 3Ro-Rokenublo via Flickr

    Agora

    sector. “The crises have demonstrated that Spain is too big to fail, as per systemic banks

    11%